Saturday 4th, May 2024
canara news

Will go for voting on GST if Congress doesn't come around: FM

Published On : 15 May 2016


New Delhi, (PTI) Finance Minister Arun Jaitley today 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.

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. .







More News

Bhagwat demands law for Ram temple construction in Ayodhya
Bhagwat demands law for Ram temple construction in Ayodhya
Break your silence on Rafale deal: Congress tells Modi
Break your silence on Rafale deal: Congress tells Modi
BJP's Shah says allegations against Minister Akbar need to be verified
BJP's Shah says allegations against Minister Akbar need to be verified

Write your Comments

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. canaranews.com will not be responsible for any defamatory message posted under this article.

Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on CANARANEWS to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using canaranews will be purely at your own risk, and in no way will canaranews.com be held responsible.