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Will go for voting on GST bill if Congress doesn’t come onboard, says Arun Jaitley

Finance minster Arun Jaitley said the bill will be put to vote in next Parliament session even if Congress continues to oppose it, the AIR said in a release.

By: PTI | New Delhi | Updated: May 16, 2016 8:39 am
GST bill, goods and service tax bill, india gst bill, arun jaitley, arun jaitley gst bill, parliament gst bill, india gst, india news, budget gst bill, latest news Finance Minister Arun Jaitley (PTI/File)

Finance Minister Arun Jaitley on Saturday said government may seek voting on GST Constitution amendment bill in Rajya Sabha in the Monsoon session in case Congress continues to oppose the long-pending indirect tax law.

“Only one political party, the Congress, and that is a political opposition. That is not an ideological opposition. I am trying my best to talk to them, so that they can come around. And if they don’t, then, we’ll have no option but to put it to vote,” Jaitley said in a interview to All India Radio.

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Jaitley said the bill will be put to vote in next Parliament session even if Congress continues to oppose it, the AIR said in a release.

The Goods and Services Tax (GST) bill, which has been approved by Lok Sabha, is pending in Rajya Sabha because of stiff resistance by Congress, the largest party in the House.

Government has been insisting that most of the parties, except Congress, are in favour of GST, which will bring about a uniform indirect taxation regime in the country.

Replying questions on GDP, Jaitley said the country can achieve even better growth rate if there is a favourable monsoon this year and improvement in global economy.

“I think first important factor, which is beyond our control, is that the world starts growing faster. So if, global tail winds support us, then our ability to grow faster will be there. But thats something not in our control.

“The second important factor is oil and commodity prices must remain at a moderate level. The present regime suits us, because as net buyers, we are buying at a cheaper price and therefore, we are saving a lot of money. The third important factor is that India’s private sector has to get more active,” he said.

Jaitley said government has taken a number of steps such as concentrating on rural areas, liberalising economy, and removing discretions and wasteful subsidies to boost the economic growth.

Referring to Direct Benefit Transfer scheme, Jaitley said the government is not cutting subsidies but rationalising them with an aim to ensure that the money reaches the poor.

“Subsidies must only reach the poor. That’s the objective of the government. And therefore, in LPG, we’ve successfully implemented it. And I think the next stage is that we’re trying other areas like fertiliser and food- pilot schemes, whether similar schemes are possible or not,” he said.

Speaking on job creation, the minister said jobs are being created in start ups and IT sector, but added it is manufacturing sector which needs to create more employment.

To a question on ease of doing business, he said the reforms ushered in last year had brought India up in global rankings.

He further said the enactment of the bankruptcy law will further improve India’s ranking.

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  1. M
    MyTake
    May 14, 2016 at 11:36 pm
    ... This meter can also be put one each in each of LS and RS with a big display screen (like the one they put in stadium as score board) so people can watch it when they are watching some one talking inside. All voices from all microphones inside can have a parallel pathway to one of few (10 to 20) detectors for analysis. I am sure half of the leaders will automatically leave politics for good relieving public from undue suffering!
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    1. M
      MyTake
      May 15, 2016 at 3:32 am
      A Team which is working for development and progress and is successfully putting its foot print everywhere, does not make sense why it would do the least for intolerance and attacks on minorities (as alleged)! All cases should be re-opened and re-investigated for real truth to come out. There could be Malegaon or Ishrat factor hiding here!
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      1. M
        MyTake
        May 14, 2016 at 7:34 pm
        How come unelected people get more power than elected ones? What kind of democracy is that? It could be favorable to colonial democracy but not for people's
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        1. M
          MyTake
          May 14, 2016 at 10:05 pm
          India need to overhaul the system. If "unelected" work for the people than it is tolerable but if not then there should be a way to kick them out!
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          1. M
            MyTake
            May 14, 2016 at 11:20 pm
            It is true. I also noticed the way media personalities' show their enthusiasm in asking relevant and irrelevant questions in any subject matter of importance. In many cases they deflect it so shamelessly which defies all odds! Or start producing noises to avoid it altogether! If there was any "enthusiasm meter" carried along this could analyse/reflect the true position of some media moguls, think tanks in society, old or young giving some scientific ranking. May be a meter similar to lie detector that will analyse the tone, strengths, depths, shallowness, deviation of responses of persons involved can be carried along to scientifically prove the relevancy/irrelevancy of such people in society as soon as they open their mouth (and rank them accordingly with their "signature"). Any report in news media can go with analysis of their voice sample. It can be a great opening of any new type of media and there will be a niche market for this. On top of that this approach will keep the "big shots" in society in "shape" and intelligence can have an additional feed in their system!! Can Indian scientists come up with any such measuring tool that in a way can become their great contribution toward public service. It should simply be a job of some right sensors and and analytical software!
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