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Finance Ministry prepares 100-day agenda for new govt with aim to push economy
May-23-2019

With an aim to push the economy, which has slipped to 6.6% in the third quarter of 2018-19, the finance ministry has prepared 100-day agenda for the new government. The agenda is likely to focus on increasing private investment, employment generation and giving relief to the farm sector. Besides, the agenda include improving direct and indirect tax collection. Simplification of tax procedure especially with regards to the goods and services tax is also on the cards.

Moreover, reinvigorating industrial growth, increasing credit growth, consolidation in the banking sector and funding the unfunded would also be part of the 100-day agenda. Also, there would be emphasis on raising corporate governance in the banking sector including a more diversified board structure.

The finance ministry in the process of further improving its EASE (Enhanced Access and Service Excellence) focusing on six themes of customer responsiveness, responsible banking, credit off take, PSBs as Udyami Mitra, deepening financial inclusion and digitalisation and developing personnel for brand of public sector banks.

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