Corruption hits the poor harder, says Pranab

The food security bill which the government is working on, and the implementation of the Direct Tax Code and unified Goods and Services Tax would go a long way towards bringing about inclusive growth, finance minister Pranab Mukherjee said here on Friday. HT reports.

The food security bill which the government is working on, and the implementation of the Direct Tax Code and unified Goods and Services Tax would go a long way towards bringing about inclusive growth, finance minister Pranab Mukherjee said here on Friday.

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Addressing the annual session of the Confederation of Indian Industry, Mukherjee said all citizens of India have not been able to equally enjoy the fruits of prosperity.

“Governance failures and corruption in the system affect the poor disproportionately. If the available public resources have to bear fruit, we have to tackle issues of governance and service delivery,” he said, adding that development needs to be viewed in a holistic manner.

“There are gaps in our development efforts and in our governance practices, in the public and the private domains, across sectors and in different regions and population segments of the country,” he said.