"This (demonetisation), coupled with GST, in the days to come will ensure much larger revenues as far as states and the central government are concerned and expand the size as far as the formal economy is concerned," Jaitley said at the CII Partnership Summit here.
Biyani said some laws are as old as British era and as the world is changing, there is a need to look them. "...The amount of regulation which we face across the country... Probably every regulation of the country applies to us and in that sense somebody has to look at the regulations in terms of working hours, opening up of the stores."
The government of Andhra Pradesh at the three-day CII Partnership Summit that began on Sunday in Visakhapatnam aims at attracting foreign investment and turning the state into a manufacturing hub.