Excerpt from the address by Reserve Bank of India Governor Dr Y V Reddy at the Institute of South Asian Studies, Singapore on May 20, 2008.
The Singapore Minister applauded Prime Minister Modi's effort to make India the manufacturing hub of the world.
He said that if there are issues that need to be talked about, it is between India and Pakistan.
Singapore's single-rate GST structure cannot be India's model. But its practice of early announcement of rates much before their implementation should be emulated by India, says A K Bhattacharya.