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Arun Jaitley's role in GST and bankruptcy code noteworthy, says CEA Krishnamurthy Subramanian

Updated : May 30, 2019 09:06 AM IST

Arun Jaitley was quite instrumental in implementing "seminal reforms" like good and services tax (GST) and bankruptcy code and his leadership of the GST council was appreciated by everybody, chief economic advisor (CEA) Krishnamurthy Subramanian said on Wednesday.

"I think his ability to navigate and pull out such a difficult reform (GST) is extremely creditable and of course even the bankruptcy reforms...these are the seminal reforms he will be remembered for,"  Subramanian said.

A day before the swearing-in ceremony of the new government, Jaitley wrote to Prime Minister Narendra Modi saying he does not want to be a minister in his new government due to health reasons.

On economy, Subramanian said, “The key thing we need to ensure that the private sector becomes competitive, especially the factors of production, which is land, labour and capital."
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