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03:55Hindi thodi baad theek hai but I will prefer to do English.
03:58If you need any clarification then you can ask aur wo Hindi mein mai bhi dhora sakta
04:03hoon le toh humare sathi jo hai wo bhi dhora hai.
04:06Today we have called this press meet to talk about GST but before I get into the details
04:13of GST I think it's important to understand the economic situation we are in.
04:19Aap sabne dekha hoga in quarter 2 this financial year which is July, August, September the
04:25GDP growth rate has fallen to 5.4%.
04:29RBI itself had said 6.6% and to try and explain to you how important this is or how big it
04:40is, it's like your class topper suddenly failing in the exam.
04:44That 1.2% is that much of a difference.
04:48Every sector has gone down, every sector has slowed down, industries, consumption,
04:54every sector across the board.
04:56So the whole country is wondering what's happened, have we gone back to pre-COVID times?