Skip to main content

Ensure all traders register under GST by August 15: PM to Chief Secretaries

During the meeting, the prime minister also reviewed the progress towards handling and resolution of grievances related to the Central Public Works Department (CPWD) and the Directorate of Estates and asked the Urban Development ministry to proactively monitor the same, with sensitivity, the statement said.


Prime Minister Narendra Modi today asked all chief secretaries to work expeditiously towards ensuring that all traders register under the GST regime before August 15, a PMO statement said.
He conveyed this while chairing a meeting of Pro-Active Governance and Timely Implementation (PRAGATI), a multi-modal platform through which he interacts with top officials of state governments via tele-conferencing.
GST was rolled out on July 1, ushering a new system of indirect taxes in the country.
During the meeting, the prime minister also reviewed the progress towards handling and resolution of grievances related to the Central Public Works Department (CPWD) and the Directorate of Estates and asked the Urban Development ministry to proactively monitor the same, with sensitivity, the statement said.
He asked the CPWD to encourage all vendors to come aboard the Government e-Marketplace (GeM) platform, the PMO said.
Modi also reviewed the progress of vital and long-pending infrastructure projects in the railway, road and petroleum sectors, spread over several states including Maharashtra, Karnataka, Andhra Pradesh, Tamil Nadu, West Bengal, Odisha, Uttar Pradesh, Uttarakhand, Himachal Pradesh, and Arunachal Pradesh.
The projects reviewed today include the Chennai Beach- Korukkupet third line and the Chennai Beach-Attippattu fourth line; the Howrah-Amta-Champadanga new Broad Gauge line.
Four-laning of Varanasi bypass; four-laning of Muzaffarnagar-Haridwar section of NH-58 were also reviewed.
"Noting that several of the projects reviewed today have been pending for decades, and in one case, over four decades, the prime minister urged all chief secretaries to take all possible steps to avoid delays, and resulting cost escalations," the statement said.
He emphasized on speedy implementation of such infrastructure projects, it added.
The prime minister also reviewed the progress of the Pradhan Mantri Awas Yojana (Urban) and urged the concerned departments to accelerate the adoption of new construction technologies at the earliest, the statement said.

Refer by-MoneyControl
Labels:

Comments

Post a Comment

Popular posts from this blog

Blockbuster CDSL IPO the most subscribed issue of 2017

What can be called as the most popular initial public offering (IPO) of 2017, the BSE promoted CDSL IPO was oversubscribed by 170.16 times. This makes it the most subscribed IPO issue of 2017 in the Indian capital markets. The qualified institutional buyers (QIBs) bid 148.71 times, retail individual investors bid 23.83 times and employees segment have received bids for 1.46 times for the Central Depository Services Limited (CDSL) IPO. The demand for the IPO was led by the non-institutional investors, who bid 563.03 times. CDSL’s existing shareholders including BSE Limited, State Bank of India Limited, Bank of Baroda Limited, and Calcutta Stock Exchange have sold around 3.5 crore shares in its IPO. The objectives of the issue include achieving the benefits of listing the equity shares on NSE and to enhance its visibility and brand image and provide liquidity to its existing shareholders. Here is the list of initial public offerings (IPO) that hit the capital markets in 2017 so...
Post a Comment
Read more

Correction in global markets soon; India better placed on good macros: Baring PE

Rahul Bhasin said that pharma has considerable value, though short term there could be disruption.   Sounding a caution on the global markets, Rahul Bhasin, Managing Partner at Baring Private Equity sees a real possibility of correction in these markets soon. In that context, where do Indian markets stand? Bhasin told CNBC-TV18 that the Indian market at an aggregate level is better placed as the macro economic scenario is better. He explained that in terms of per capita income, we are crossing USD 1800 and historically, nations which have reached at this point have seen significant growth points from here. Speaking on sectors, Bhasin believes that IT sector could face a challenge in sustaining its market capitalisation. Having said that, he mentioned how employment data in the US could show varying trends. For instance, the largest employer is retail and restaurants in the US. A close look at the data reveals that profitability of these sectors has declined. It includes pa...
Post a Comment
Read more

Rewards for speculators who ride out unpredictable markets

The previous couple of years have been unstable ones for South African speculators, and a few late shocks to the nearby and worldwide money related frameworks –, for example, the bureau reshuffle, Brexit, Donald Trump's triumph in the United States – have added to the instability. What ought to financial specialists do in times, for example, these? Presently, like never before, speculators need to adhere to their long haul monetary plans and not change out of higher-hazard ventures, for example, values, into more secure ones, for example, money instruments. Financial specialists who change all through ventures in view of how they read the business sectors charge far more terrible, for the most part, than the individuals who stay consistent with their speculation objectives. The reason is that they tend to switch at precisely the wrong circumstances: they offer when the market is low and purchase when it is high. Speculators who change all through ventures in view of how ...
1 comment
Read more