PM Modi completes Singapore trip, hopes to roll out GST next year
He promised the investors that he will carefully hold their hands while expressing hopes that his government will roll out the Goods and Services Tax (GST) next year.
"I have also come to assure you that I am there to carefully hold your hands," Modi said while addressing at the India-Singapore Economic Convention.
Speaking on the issue of GST he said: "We have introduced the GST Bill in parliament; we are hopeful to roll it out in 2016."
Addressing the Indian community later in the day, Modi said he wants to work on the paths of development.
"All I want to work towards is development. Development that wipes tears from the eyes of poor, that empowers the youth & women," Modi said.
He said Indian now looks the world in the eye and talks.
Mentioning his Swachh Bharat Abhiyan move, Modi said: "The good part is, the people of India have decided that they want a clean India."
He said India will need Foreign Direct Investments for development.
Calling FDI as 'first develop India', Modi said: "India requires foreign investment. I feel FDI is also 'first develop India...There is an increase in FDI since we have taken office in 2014."
Amid loud cheers, Modi said he wants to see the nation manufacturing its own defence equipment.
"Should a nation of 125 crore people reply on other nations for defence equipment? Why can't we make it?" the Prime Minister asked the crowd.
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