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Demonetization destroyed terrorism- Modi
Prime Minister Narendra Modi, who met with independent economists and experts at NITI Aayog, solicited their suggestions on the ways to bring down the tax rates. He stated the new budget calendar would ensure authorization of funds for different sectors at the very beginning of the financial year.
“On budget related issues, there was discussion on ways to bring down tax rates. Some speakers mentioned that the revenue collection is just a fraction of what is due to the government,” NITI Aayog vice-chairman Arvind Panagaraia said.
The sources say that Modi also sought suggestions from the economists on ways to boost job creation, agriculture, skill development and education. The NITI Aayog also gave an overview of the 3 years Action Plan to Modi and the independent economists, which is likely to be unveiled next month.
