GST consensus reflects spirit of ‘one nation’: Modi

Photo of the Prime Minister Narendra Modi.

New Delhi: Appreciating Chief Ministers of stated for setting aside ideological and political differences for consensus on Goods and Service Tax regime, Prime Minister Narendra Modi stated that the GST consensus will go down in history as a great illustration of cooperative federalism and reflects the spirit of one nation.

In his opening remarks at the Niti Aayog Governing Council’s third meeting here, Modi said the consensus on Goods and Services Tax (GST) shows the strength and resolve of the Indian federal structure and reflects the spirit of “one nation, one aspiration, one determination”.

Urging the states for cooperation, the Prime Minister said the vision of “new India” could be realized only through the combined effort of all states and their Chief Ministers, a NITI Aayog statement said.

The NITI (National Institution for Transforming India) Aayog is working on a 15-year vision, seven-year medium-term strategy, and three-year action agenda, which will be presented at the meeting. It will replace the Five-Year Plans prevalent since Independence.

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Modi said this effort required support of the states, and will eventually reflect in benefits to them.

During his address, Modi urged the states to speed up capital expenditure and infrastructure creation.

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