Fiscal discipline needed to build a strong economy-Smriti Irani.
Union Minister for Textiles Smt Smriti Irani addressing at 31stRegional Conference in Mumbai on December 10, 2016.
The benefits of demonetisation need to percolate down to entrepreneurs and their enterprises many of which are outside the ambit of the formal economy.’’ Stating this at the 31st regional conference of western India regional council of the Institute of Charted Accountants of India in Mumbai today Union Minister for Textiles Smt. Smriti Irani stressed on the need for fiscal discipline.
Union Minister for Textiles Smt Smriti Irani lighting the lamp to inaugurate 31st Regional Conference of Western India Regional Council the Institute of Charted Accounts of India in Mumbai on December 10, 2016.
She said the nation needs fiscal discipline to build a strong economy and for social justice. On her Ministry’s response to demonetisation the Minister disclosed that she facilitated opening of five lakh new bank accounts for textile workers and provided tool kits for skilled workers free of cost. She also disclosed that since the announcement of demonetisation municipal bodies have increased their tax collections. Cashless transactions have increased.
Union Minister for Textiles Smt Smriti Irani launched mobile app of WIRC(Western India Regional Council) in Mumbai on December 10, 2016.
Appealing to the members of the Institute of chartered accounts to stand by the government in this demonetisation drive the Minister observed that if citizens decide to cooperate a lot can be done to strengthen the Indian economy.
Union Minister for Textiles Smt Smriti Irani addressing at 31stRegional Conference in Mumbai on December 10, 2016.
The minister expressed hope that the Institute of chartered accountants of India would enrol more women and encourage girls with talent to join the field of chartered accountancy.
PIB.MUMBAI/APS/BG/SA
