Amit Shah: Direct Tax Payers Doubled In Three Years, Formal Economy Increased, Policy Paralysis Over

Bharatiya Janata Party (BJP) national president Amit Shah on Saturday said that the policies of the National Democratic Alliance (NDA) government are made with the purpose of bringing step by step stability in India in the next 30 years.

Shah was addressing a meeting organized by the Federation of Indian Chambers of Commerce and Industry here.

Shah said that the number of total direct tax payers has doubled in the past three years under Modi government from 3.7 crore earlier to 6.4 crore now.

In defence of the demonetisation, Shah said that “the formal economy has increased due to demonetisation. Money lying at various places is now part of the economy”.

He later added that demonetisation was perfect example of the government's effort to delink development for all form of vote bank pressures. The move, he said, has unnerved black money generators and increased the tax base, which will go on to increase the size of the formal economy.

"The governance was dubbed as policy paralysis as all the ministers in the UPA Government acted as if they were the Prime Minister and no one recognized the Prime Minister as the Prime Minister," Shah said. Shah said that Modi-led government, on the other hand, has upheld the federal structure of governance.

He also dubbed the introduction of Goods and Services Tax (GST) as a 'One-Tax, One-Nation' reform measure which will address the problem of regional development imbalance and ensure all-round development of the country within 15 years.

He also stressed the success of the government in areas of road building, rural roads, railway projects, village electrification, regional air connectivity, laying of the optical fibre network, and the drive to provide housing to all by 2022.

Shah concluded with the claim that GDP growth touched a high of eight per cent in PM Modi's rule. ANI