Economic stimulus not linked to Gujarat: Jaitley

IANS  |  New Delhi 

Minister rejected attempts to link Monday's announcement of economic stimulus package to Wednesday's announcement of elections.

"This is for the first time structural reforms is being undertaken. It has nothing to do with It is a long-term plan and it has nothing to do with elections," he said.

Jaitley was reacting to comments linking the announcement of the package that included plans for recapitalisation of the state-owned banks to the tune of Rs.2.11 lakh crore.

He also attacked the Congress over its strident attack on the Goods Services Tax (GST), especially regarding the tax slabs, and asked if the Congress was in favour of luxury items.

Congress Vice President Rahul Gandhi had denounced the highest 28 per cent slab in the GST regime, saying the Congress favoured 18 per cent.

--IANS

vsc/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 25 2017. 15:26 IST