The Goods and Services Tax has proven as trending point of the country. After over the winter session, political interference is being seen on the GST yet. Now the Indian FM Arun Jaitley told the reports that the bill will be rolled out on in next session as the opposition party is “shrinking” their majority votes in the Rajya Sabha of Parliament.
Jaitley said the opposition party Congress will lose the majority in the next round of bi-annual elections for the Parliament. Therefore the government’s legislative agenda will be implemented that has stuck in the Rajya Sabha in the last monsoon and winter sessions.
See more: Winter Session Over, GST Delayed Further
FM given a statement, “Congress has said even the Trinity of Gods cannot make GST happen soon. Gods don’t vote in Parliament, but MPs do. Shrinking strength of the Congress in the Rajya Sabha can make it happen.”
Speaking on the Indian economy, Mr. Jaitley said, “As I speak at the end of the year, the current engines which are driving the economy will continue and beyond that, the three downsides are global economy, a moderate private sector and agriculture.”
He further added their word in his speech, “A very buoyant private sector can be an engine, which it is not. A bumper agriculture can be an engine, which it is not. Therefore, you have to rely on other engines, which are pre-dominantly public investment, FDI, private investment in some areas, startups, IT, telecom and then some consumption.”
