{"id":38033,"date":"2023-03-15T11:23:54","date_gmt":"2023-03-15T05:53:54","guid":{"rendered":"https:\/\/plyinsight.com\/?p=38033"},"modified":"2023-04-11T10:44:35","modified_gmt":"2023-04-11T05:14:35","slug":"govt-eager-to-hear-from-industry","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/govt-eager-to-hear-from-industry\/","title":{"rendered":"Govt eager to hear from industry"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #000000;\">Finance Minister Nirmala Sitharaman indicated that the government could be open to considering a reduction in the goods and services tax (GST) on cement, a long-standing demand of the infrastructure sector, if the GST Council agrees.<\/span><\/p>\n<p><span style=\"color: #000000;\">At a session with members of the Confederation of Indian Industry (CII) in New Delhi, the finance minister, responding to a recommendation, said she would have a fitment committee look into the existing 28 per cent GST rate on cement \u2013 a critical input in construction of everything from houses to bridges.<\/span><\/p>\n<p><span style=\"color: #000000;\">However, finance minister once again was exhorting Indian industry to make sure all its output is compliant with sustainable development goals (SDGs). This would be essential for negotiating non-tariff barriers arising out of environmental concerns around the world, should they crop up, she said. At the same time, she commended the industry for starting to think more holistically and not just be concerned with their own sectors. <strong>\u201cPost-Covid, industry is looking at India more holistically\u2026 I find this shift healthy,\u201d Sitharaman said.<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cIndian industry has to come up with ideas, talk to the government. Lift up our thinking, \u201dSitharaman said advising industry to make sure their products do not face non-tariff barriers. This, she said, was the challenge in the post-Covid world.<\/span><\/p>\n<p><span style=\"color: #000000;\">\u201cThe industry has to be SDG compliant, will have to produce green goods and ensure that input are green compliant and guided by green considerations. You will have to make the transition from using fossil fuel to green fuel. All this will have to happen at this time and not be delayed, \u201cshe said.<\/span><\/p>\n<hr \/>\n<p><a href=\"https:\/\/plyinsight.com\/hi\/placement-offered\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-34610\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-300x64.jpg\" alt=\"\" width=\"1045\" height=\"223\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-300x64.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-1024x219.jpg 1024w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-768x164.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered-600x128.jpg 600w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Offered.jpg 1440w\" sizes=\"auto, (max-width: 1045px) 100vw, 1045px\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>\u0938\u0930\u0915\u093e\u0930 \u0909\u0926\u094d\u092f\u094b\u0917 \u0915\u0947 \u0935\u093f\u091a\u093e\u0930 \u0938\u0941\u0928\u0928\u0947 \u0915\u094b \u0909\u0924\u094d\u0938\u0941\u0915<\/strong><\/span><\/p>\n<p><span style=\"color: #000000;\">\u0935\u093f\u0924\u094d\u0924 \u092e\u0902\u0924\u094d\u0930\u0940 \u0928\u093f\u0930\u094d\u092e\u0932\u093e \u0938\u0940\u0924\u093e\u0930\u092e\u0923 \u0928\u0947 \u0938\u0902\u0915\u0947\u0924 \u0926\u093f\u092f\u093e \u0915\u093f \u0905\u0917\u0930 \u091c\u0940\u090f\u0938\u091f\u0940 \u092a\u0930\u093f\u0937\u0926 \u0938\u0939\u092e\u0924 \u0939\u094b\u0924\u0940 \u0939\u0948 \u0924\u094b \u0938\u0930\u0915\u093e\u0930 \u0938\u0940\u092e\u0947\u0902\u091f \u092a\u0930 \u0935\u0938\u094d\u0924\u0941 \u090f\u0935\u0902 \u0938\u0947\u0935\u093e \u0915\u0930 (\u091c\u0940\u090f\u0938\u091f\u0940) \u092e\u0947\u0902 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At a session with members of the Confederation of Indian Industry (CII) in New Delhi, the finance minister, responding [...]","protected":false},"author":1,"featured_media":23618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4119],"tags":[2920,3407,1133,250,353,3555,449,4244,4243],"class_list":["post-38033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-march-news-2023","tag-delhi","tag-development","tag-goods-and-service-tax","tag-gst","tag-gst-rate","tag-indian-industry","tag-industry","tag-return","tag-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt eager to hear from industry - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/govt-eager-to-hear-from-industry\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt eager to hear from industry - 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