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Budget 2020: Nirmala Sitharaman calls, ‘GST most historic reform’; pays homage to Arun Jaitley

Speed News Desk | Updated on: 1 February 2020, 12:33 IST

Finance Minister Nirmala Sitharaman is presenting Union Budget 2020 in the Parliament today. Before she began her budget speech the Finance Minister paid tribute to the former and late Finance Finance Minister Arun Jaitley.

Nirmala Sitharama also thanked Jaitley for GST. She said, “Of the structural reforms, the GST has been the most historic in our country. Its chief architect is not with us today. I pay homage to the visionary leader late Arun Jaitely. GST has been gradually maturing into a tax that has integrated the country economically.”


Sitharaman also called him the architect of the Goods and Services Tax (GST).

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"At the time of the rollout of the GST, he had said - "It will be an India where the Centre and States will work harmoniously towards the common goal of shared prosperity. The unanimity of the constitutional amendment and the consensus of the GST council highlights that India can rise above narrow politics for the nation's interest"," Sitharaman reminded what Jaitley said.

She also said in a speech that Arun Jaitley will be remembered as the finance minister who brought India under one indirect tax regime with the introduction of GST.

-With ANI inputs

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First published: 1 February 2020, 12:24 IST