"GST-related problems are for a few days and will completely end soon. It is just like the problems which people faced after demonetisation. If there weren't problems, there wouldn't have been big reforms," said Minister of State for Law and Justice and Corporate Affairs P.P. Chaudhary at the golden jubilee celebration of the Institute of Company Secretaries of India here.
Chaudhary asserted that GST would turn out to be a game changer.
"There was a colonial tax system which had become the mindset of Indian economy. There was a 'manthan' on it for 13 years and was found that the country must get economic independence. Finally, after 13 years we succeeded in implementing GST. Even the Constitution had become ready in two years and some days," said Chaudhary.
He urged the aspiring company secretaries to make people aware about GST and work in mission mode.
"Company Secretaries have a great role in corporate governance as companies are the backbone of our economy. Expectations from the government has increased and in this scenario, the role of Company Secretaries has also increased," he said.
The minister urged them to work at panchayat and corporation levels to stregthen the economy.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.