Monday, March 5, 2018

Haryana reckoned as fastest-growing state

The Haryana has been reckoned as the fastest-growing states of India up to the year 2017, based on three key macroeconomic parameters, i.e. growth, inflation and fiscal health, and has done exceedingly well on GST compliance front.
      This was stated by the Haryana Governor, Prof Kaptan Singh Solanki, while addressing the Haryana Assembly on first day of the Budget session, today.
           Citing CRISIL report titled ‘States of growth’, he said according to advance estimates, the per capita income of Haryana in real terms in 2017-18 was Rs 1,54,587 as compared to Rs 1,45,163 in 2016-17, thereby registering a growth of 6.5 per cent. At current prices, the per capita income of Haryana in 2017-18 is Rs 1,96,982.
                Prof. Solanki said Haryana had done exceedingly well in terms of return-filing compliance and tax collection under the GST. It is gratifying to note that Haryana though being a small state, ranked 5th in terms of tax collection below only Maharashtra, Karnataka, Tamil Nadu and Gujarat.
       The state is on a trot on the road to digitalization in response to our Prime Minister’s call. Conscious steps taken to promote cashless payments in the offices of various departments, boards and corporations like awareness building, incentives, training and installation of Point of Sale machines have yielded positive results.
        Listing the achievement of the government, the Governor reiterated the state government’s commitment to make all-out efforts to ensure a very bright future for the state.

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