All GST issues to be resolved on November 10, says Modi

Will further improve India's ranking in WB's ease of doing business index

Prime Minister Narendra Modi greets World Bank CEO Kristalina Georgieva
in New Delhi on Saturday.

Almost all the woes being faced business and traders under the Four-Month-old Goods and Service Tax regime would likely be resolved by the GST council at its November 10 meeting, Prime Minister Narendra Modi said on Saturday.

India's 100th rank in the World Bank's latest ease of doing business report, he said, came without the GST being factored in.

Similar reforms that are in the gestation and stabilization phase should prop up the country further in the rankings, Mr. Modi said at an Industry Ministry event to mark India's rise in the World Bank ranking. 

"Although I have not yet received a verbatim report on this. I am happy to say that the Group of Ministers set up by the GST Council, from whatever little information I have, I can issue raised by ordinary traders and business and their suggestions are being positively accepted," Mr. Modi said.

If no state creates difficulties at the meeting of the GST Council on November 9 and 10 then I believe all necessary changes will be brought in to give new strength to India's business community and the economy the Prime Minister said.

"Despite that, whatever hurdles come up going forward will deal with."