Page 16 - Banking Finance January 2019
P. 16

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          an e  i  new reven e  ecretar
                                                                                 entra   overn ent to
         Aja  Bhushan  ande    ho too  over as revenue secretar   sa d h s focus  ou d
                                                                                  en   R          cr  on
                           e to    rove the ta      rat o and  ncrease co    ance
                              a  n  the s ste   ore ta  a er fr end     ande   a   a   i e ine    an ion
                                atch Maharashtra cadre off cer  re  aced  as u h   n on M n ster of  etro eu     atu
                          Adh a   ho su erannuated recent                                          ra       as

                           M   r or t  at th s t  e  ou d  e to    rove the ta                      har endra
                          rat o  n the countr      nte rat on of techno o    nto the                radhan  sa d
         ent re ta at on s ste  and a so  a  n  the  rocedures and ru es and re u a                the   entra
         t ons s    er so that  eo  e have natura   ncent ve to co     to the ta at on              overn ent
         re   e   the ne  revenue secretar  to d                                                          n t a
                                                                                                   s end     Rs
          o ntrie  to  o e in tra e war      c ie                                      crore to s read  as    e  nes
                                                                                across the countr    e added that
         A   countr es       ose  n a   o a  trade  ar  the head of the  or d s trade ref
                                                                                the  entre  s  or  n  out   ans to
         eree  arned   nder attac  fro   S  res dent  ona d
                                                                                e  and  as net or s to M an ar
          ru    the head of the  or d  rade  r an sat on
                                                                                throu h Ban  adesh   he  entre  s
         Ro erto A evedo  ac no  ed ed that refor s are
                                                                                 ro ot n   a   as   ased  econo
         needed   ut rejected cr t c s  that trade  s the  a n
                                                                                 h ch needs a  ass ve net or  of
         cause of jo   osses
                                                                                   e  nes for trans ortat on of natu
         A evedo  e co ed the co   t ent    the  rou  of
                                                                                ra    as  to  var ous  corners  of  the
            over the  ee end  n Buenos A res to refor  the     to  etter  res de over
                                                                                countr   he sa d
         the  odern trad n  s ste   sa  n  the  s ste  can  e  etter    But as the  ru
                                                                                  nder th s  ro ra  e     e  nes
         ad  n strat on has a  ress ve      osed  un t ve tar ffs on trad n   artners
                                                                                are  ro osed to  e constructed  e
         es ec a    on  h na    th the  oa  of reduc n  the  S trade def c t  A evedo sa d
                                                                                t een  ha ra to Ban  adesh and
         that   e have to  et a a  fro  the  dea that trade  s a  ero su   ro os t on
                                                                                S    ur  to Ban  adesh to e  ort
                                                                                 as accord n  to the re u re ent of
            ort Sector  inance  ro  e  to  e  o ve   oon
                                                                                the ne  h our n  nat on   he sa d
         S re    ra
                                                                                 urn n  to  d sha   radhan sa d the
          he  o  erce M n str   s  or  n    th the   nance M n str  and the  r  e
                                                                                state needs a hu e  nfrastructure to
                           M n ster s  ff ce to sort out the  ro  e  of ava  a    t  of  store  ref ne and trans ort the natu
                           f nance for the e  ort sector   o  erce    ndustr  M n s   ra   as to the doorste  of the  ndus
                           ter Suresh  ra hu has sa d                           tr   fro    arad      ha ra  and
                             ne     cha  en e for the e  ort sector  s the  ssue of f     o a  ur   e sa d the  entre  s con
                           nance   e have ta en  t u    th the   nance M n str    nce  te   at n  to  ro ote  ort  ased
                                                                                 ndustr es  n  d sha and a so  n other
                            e have  ore  or  n  ca  ta    n the e  ort f e d  ou see
                                                                                coasta  states hav n  natura   orts
                            ore  enef ts    ra hu sa d     orters have  een as  n
         the  overn ent to ur e  an s to  oosen the r  urse str n s for the sector as a   he eastern  art of  nd a   nc ud n
         dec  ne  n cred t  as h tt n  the r  erfor ance                         d sha  needs a h  h dou  e d   t
                                                                                 ro th rate to  e on  ar   th the
         More  ower to t e Regi trar o   o  anie                                 estern re  on   n  d sha  around Rs
          he  entra   overn ent recent    rou ht  n an  rd                           crore  ou d  e  u  ed  n to
         nance to a end the  o  an es Act          th the                       construct        s of    e  ne net
                                                                                 or   n f rst  hase  A strate  c o
         o ject ve of dec o   n  the  at ona   o  an   a   r
                                                                                reserve  roject      a so  e  aunched
          una   decr   na  s n  so e   nor offences and e
                                                                                 n  hand  ho  after ac u r n   and
          o er n  the Re  strar of  o  an es and re  ona  d
                                                                                there  sa d  radhan
         rectors   th add t ona   ena   o ers
            1  | 2019 | JANUARY                                                            |  AN  N    NAN
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