PM Modi says Centre will provide Rs 10 lakh accident insurance cover to all GST-registered entities
The prime minister also announced that the government will set up a National Traders? Welfare Board and provide collateral-free loan of up to Rs 50 lakh.
- Prime Minister Narendra Modi on Friday announced that the government will set up a National Traders' Welfare Board to address their problems, after May 23, when the results of the Lok Sabha elections will be declared.
- The prime minister was speaking a "traders sammelan" in New Delhi.
- Modi said the government will provide Rs 10 lakh accident insurance cover to all entities registered under the Goods and Services Tax.
- The prime minister claimed that 98% of items have been charged less than 18% tax under the new regime.