Finance Minister Arun Jaitley Speaks at India Global Forum: Highlights

Finance Minister Arun Jaitley today spoke at the two-day long India Global Forum organized by
the International Institute of Strategic Studies (IISS) and the Observer Research Foundation (ORF). Mr Jaitley spoke about the government's tax policy and insurance ammendement bills

Here are the highlights:

• After long time we saw an election, where dominant issues were governance issues
• It's probably necessary that this myth that only dynasties can produce charisma has to be demolished
• Almost all parties which relied on charisma of families by and large did badly, I hardly find exception to this principle
• Tax policy cannot be ultra aggressive given challenges before economy
• I hope Insurance Amendment Bill may be passed in the ensuing winter session of Parliament
  
• Last stage of discussions on with states on implementation of GST
  
• Government planning to bring down its stake in PSU banks to 52 per cent
• If repeated ceasefire violation takes place, then environment for dialogue suffers