New Delhi, Outreaching to the trader community, Prime Minister Narendra Modi said on Friday they constitute the backbone of development and his government has always tried to make system feasible for the community.
“Traders have always thought of the country, they have linked themselves to the need of the country. It was the strength of our traders, that our country was called the ‘sone ki chidiya’, said Mr Modi while addressing trader community at Talkatora Stadium here.
Batting for the GST, Mr Modi said ,’After GST came into place, there is transparency in businesses. We are taking feedback on GST and making improvements.’
GST has increased states’ revenue by one and a half times, he said. Lashing out the at principal Opposition Congress, he said ,’We have been successful in changing the ‘Inspector Raj’ in our country to a great extent.’
Lauding the role of traders in country’s development, Mr Modi said, “Traders face the brunt of the nation. Former governments insulted traders.’
In the past five years, the government scrapped 1500 laws and India ranked 77th in Ease of Doing Business, Mr Modi said.
‘Before the election in 2014, I had said that I will come and finish a law every day and you will be happy that in the last five years, 1,500 laws have been scrapped. My aim is ‘ease of living’,’ he said.
‘The method of income tax assessment is also being changed. The BJP-led govt has now taken the responsibility of changing the assessment system that had been going on for 70 years. Now it is being done without a human interface,’ he said.
Traders have always thought of the country, they have linked themselves to the need of the country, Mr Modi said in his 30-minute speech.