Prime Minister Narendra Modi on Monday told the BRICS nations that the Goods and Services Tax(GST) is India’s biggest economic reform till now. He was speaking at the BRICS Business Council during the ongoing BRICS summit in China. He emphasised on the importance of initiatives and programs initiated by his government and said that programs like Digital India, Start-Up India & Make in India are changing the economic landscape of India.
Earlier, during the plenary session of the summit, PM Modi said that the central banks of the five BRICS countries must further strengthen their capabilities and promote cooperation between the CRA and the IMF. He said the New Development Bank has started disbursing loans in pursuit of its mandate to mobilise resources for infrastructure and sustainable development in BRICS countries.
“At the same time, our central banks have taken steps to make the CRA fully operational. These are milestones of progress we can build upon,” he said.
“We are in mission-mode to eradicate poverty; to ensure health, sanitation, skills, food security, gender equality, energy, education and innovation,” PM Modi said. Speaking about the national programmes of Clean Ganga, Renewable Energy, Digital India, Smart Cities, Housing for All and Skill India, he said apart from them being the basis for clean, green and inclusive development, they are also tapping the creative energy of over 800 million youth. “Our women’s empowerment programmes are productivity multipliers that mainstream women in nation building,” he added.
