Excessive Paper Currency Has Its Own Vices: Finance Minister Arun Jaitley

Finance Minister Arun Jaitley spoke at the Vibrant Gujarat summit in Gandhinagar. A number of business and political leaders are expected to attend the 2017 Vibrant Gujarat Summit.

Here are the highlights:

• The debate over protectionism is hardly heard in India
• India's macro-economic data looking up
• India needs bold decisions, time now to clean up table
• Difficult decisions initially pass through difficult phases
• Excessive paper currency has its own vices
• It leads to its own temptations
• GST will lead to seamless transfer of goods and services across India