The government on Saturday expressed confidence over the ending of the impasse over the Goods and Service Tax (GST) Bill and said that the meeting between Prime Minister Narendra Modi and the Congress top brass had been a positive one, indicating that the bill could be thrashed out in the next round of discussions in the Parliament.
Taking a dig at the economic policies of the previous UPA government, Union Minister Rajnath Singh on Saturday said the country's economy was revived by the Modi government and India has now become the "hot favourite" destination for foreign investors.
Prime Minister Narendra Modi on Friday met his predecessor Manmohan Singh and Congress president Sonia Gandhi to discuss the contentious Goods and Services Tax (GST) bill and though no breakthrough was achieved, they agreed to meet again to break the deadlock.
The government is planning a 1 billion dollar private equity fund for renewable energy sector and it will be initially seeded by Government companies," said Power Minister Piyush Goyal, on Friday, while participating in a Talkathon programme organised by Ministry of Information and Broadcasting.
The government is committed to provide all necessary support to make India`s manufacturing sector globally competitive and a wide array of smart technologies needs to be adopted for the purpose, Heavy Industries and Public Enterprises Minister Anant Geete said on Friday.
Amid opposition from the Congress party on GST Bill, Minister of State for Finance Jayant Sinha on Friday expressed hope that it would be passed soon as the government is willing to consider the suggestions being made and will find "some common ground for everyone".
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