'look Back In Satisfaction On Work Done In The Last 11 Months,' Arun

[manjunath455]

NEW DELHI:  As the Modi government completed 11 months in power, Finance Minister Arun Jaitley spoke exclusively to NDTV on the achievements, hits and misses.

Here are the highlights of his discussion:
 

 

• We have cleaned up the desk of UPA legacy issues in the last 11 months.
• I look back in satisfaction on work done in the last 11 months.
• We have sped up the decision-making process.
• The Rafale negotiation process was taking too long. We cannot sit on decisions for long with respect to the needs of our armed forces.
• The Rafale deal is a sign of political decisiveness.
• May be we can make Rafale in India in the years to come, but the Indian Airforce can't be ill-equipped till then.
• 49% FDI (Foreign Direct Investment) in Defence has helped Indian firmes enter in Joint Ventures (JV's) with international makers.
• There is nothing wrong in two institutions having conflicting opinions: Arun Jaitley on RBI.
• In most countries, public debt management has moved to government from Reserve Banks.
• There are no personal differences with RBI Governor Raghuram Rajan, just some conflicting viewpoints.
• I want interest rates to be a lot lesser, however the Reserve Bank of India (RBI) is slightly conservative.
• Retrospective tax is a terrible idea, my government won't tax retrospectively: Arun Jaitley Speaking about taxes.
• We have issued no retrospective tax notice in the last 11 months. The notice to Cairn Energy was issued in January 2014, Shell too, got it during UPA's time.
• Can't wave off previous tax demands, India can't be a tax haven.
• Some tax issues are the sins of the previous government that i have inherited.
• Hopefully i will get GST approved in the coming session of Parliament.
• GST will be the single biggest tax reform since independence.
• Hope to implement Goods and Services Tax (GST) from April 2016.
• Mamata Banerjee is very vocal in support of GST, I hope to get states along.
• Aim to bring corporate tax down from 34% to 25% in the next 4 years.
• Sonia Gandhi's land bill will keep rural India poor perpetually: Arun Jaitley on Land Ordinance.
• UPA law says that you cannot acquire land for rural infrastructure.
• We want to fast-track process for rural infrastructure.
• I am afraid that Sonia Gandhi may not have read our amendments.
• I am convinced that i am going to help rural India with amendments.
• Joint session is a Constitutional provision, but why should i reveal my cards?
• House rules say MP can speak on any issue of conflict if he discloses it: Arun Jaitley on beedi baron on tobacco panel
• Whole house was against chidambaram when he taxed beedi's.
• The larger question is shouldn't there be some rules for NGO's: Arun Jaitley on Greenpeace and other NGO's.
• Politicians declare assets; shouldn't NGO's declare funding too?
• NGO's opposed Narmada project, but look how it helped Madhya Pradesh and Kutch.
• Why can't NGO's list their donors in first paragraph of petition so that the country know.
• One NGO gave full page advertisements against the BJP in 1999; Where did money come from?
• 5-star activists was phraseology; I call it donor-driven activism.
• Language rule is for all; TV channels can't have hashtags saying ''traitor'': Arun Jaitley on General VK Singh's remarks regarding the media.
• I personally feel General VK Singh shouldn't have used the word 'presstitutes'.
• Irresponsible & extreme statements by some party members & allies are a problem: Arun Jaitley on lawmakers and party members making irresponsible comments.
• Shiv Sena MP Sanjay Raut's remark on revoking muslims' voting rights was extremely offensive.
• One needs to be responsible in dealing with issues of region, religion, caste, & language.
• We can't allow government's agenda to be hijacked by some irresponsible statements.
• It's a perverse argument to say that conversion is allowed but reconversion is not.
• Conversion & reconversion have to be governed by the same rules.
• I don't know where Rahul Gandhi is, but i wish him well.
• Had Congress won the elections, the country would have been looking for it's Prime Minister.

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[manjunath455]

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