Restored the credibility of the economy: Arun Jaitley
June 01, 2017  13:15
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On completion of the NDA government's three years in office, Finance Minister Arun Jaitley addressed a press conference in the national capital. 

The finance minister said, "We have shown decisiveness, even the ability to take difficult decisions." 

He said the government has taken key initiatives to reduce scope of corruption. 

Ahead of the July rollout of the national tax GST, Jaitley said it will usher in a revolution in taxation administration. 

Here are the highlights of the press conference: 

>> Three years ago, there was a slowdown in policy reform

>> The perception of our economy in the world was poor

>> We had poor monsoon in the 2 of the last 3 years

>> We restored the credibility of the economy
There are three reasons for this 1) Decisiveness: the ability to take strong steps 2) We ended governmental discretion  3) The direction of growth

>> Through demonetisation, the government has created a new normal in the economy

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