GST, note ban were revolutionary steps taken by PM Modi, claims Vice President

Agencies
May 24, 2018

Agartala, May 24: Vice President M Venkaiah Naidu said on Wednesday that Goods and Services Tax (GST) and demonetisation were "revolutionary steps" taken by Prime Minister Narendra Modi towards making the nation corruption free.

Praising Prime Minister Modi for introducing various central schemes for the development of the country, the Vice President said, "With the introduction of GST and demonetisation, the Prime Minister took revolutionary steps. The GST revenue in April has crossed Rs 1.4 lakh crore, indicating high hopes for the new tax regime."

Vice President Naidu was speaking at the 11th convocation ceremony of the TripuraUniversity.

In his speech, he also emphasised on the role of the present Union government towards the infrastructural development in the northeastern states for better connectivity and business in the region and the neighbouring nations.

The 11th convocation of the Tripura University was held after five years. As many as 142 scholars received Ph.D. degrees and about 400 students from many streams received gold and silver medals.

Tripura Governor Tathagata Roy, Education Minister Ratan Lal Nath, Vice-Chancellor Anjan Kumar Ghosh, Registrar Santi Deb Roy and other dignitaries were present in the Maharaja BB auditorium for the convocation.

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News Network
December 19,2025

Mangaluru: Public transport in Mangaluru is set for a state-led transformation as the government moves to deploy 100 new electric govt buses to replace unreliable private services. The initiative aims to provide a dependable alternative to private operators who have been frequently "cutting trips," leaving thousands of commuters stranded.

The announcement was made by Deputy Commissioner and MCC Administrator Darshan HV during a public phone-in session. The move specifically targets routes where private bus service has become erratic, ensuring that citizens no longer have to rely on a fluctuating private sector for their daily commute.

Restoring the Govt Presence

The transport crisis was brought to the forefront by Ramayya, a resident of Bajal, who highlighted a growing trend of private buses skipping morning and night trips. With the previous KSRTC (govt) services discontinued, residents have been left without a fallback option.

To fix this, the DC confirmed that the PM-eBus Sewa Scheme will bring 100 government-owned electric buses to the city:

•    Phased Deployment: The first 50 of the new 100 government buses are scheduled to arrive by March 2026.

•    State Infrastructure: Two new government depots, including one at Mudipu, are being prepared for operations.

•    Recruitment: The state has already begun training a new batch of government bus drivers to ensure the fleet is operational the moment it arrives.

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News Network
December 19,2025

Saudi Arabia has abolished fees on expatriate workers employed in licensed industrial establishments, signaling a strong push to empower national factories and enhance the Kingdom’s global industrial competitiveness. The move reflects the leadership’s commitment to building a sustainable and resilient industrial economy under Saudi Vision 2030.

The decision was approved by the Council of Ministers, chaired by Crown Prince and Prime Minister Mohammed bin Salman, following a recommendation from the Council of Economic and Development Affairs (CEDA). It forms part of a broader strategy to support, modernize, and strengthen the industrial sector.

By removing fees on foreign workers, industrial establishments gain greater operational flexibility and relief from financial pressures. This is expected to help factories expand production, improve efficiency, and compete more effectively in international markets, while reinforcing long-term sustainability.

The initiative aligns closely with Saudi Vision 2030, which identifies industry as a key pillar of economic diversification. A competitive and resilient industrial base is viewed as essential for driving innovation, attracting investment, and sustaining long-term economic growth.

Overall, the fee exemption underscores the Kingdom’s commitment to creating a supportive environment for industrial development and ensuring that Saudi factories remain globally competitive and capable of leading the nation’s economic transformation.

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