UP Chief Minister lauds corporate tax cuts as historic

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Lucknow: Uttar Pradesh Chief Minister Yogi Adityanath has lauded corporate tax cuts by the Central government and described it as historic.

Adityanath told reporters at the Indian Institute of Management in Lucknow on Sunday that that the measure was a pre-Diwali gift to the corporate sector from Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman.

The UP Chief Minister said that the move will enable India to become a $5 trillion economy by 2024 as envisaged by PM Modi. He said Uttar Pradesh will embark on the path of becoming a $1 trillion economy in the future for this measure.

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