Talking about the introduction of GST in the J&K State, Union Minister of state Jitendra Singh mentioned that, “the introduction of Goods and Services Tax (GST) in Jammu and Kashmir would help boost the economy of the state, The provisions in GST will certainly boost the economy of the State and put it on the track to emerge as a part of the global economy towards which India is heading.”
He added that “those who have reservations, whatsoever, against bringing GST to Jammu and Kashmir, need to ask themselves whether their reservations are based on merits or demerits of GST, or they are motivated by certain extraneous considerations regardless of the economic benefit accruing from GST.”
Read Also: GST Enrollment Plan for Indian States
Talking about various states for their upliftment he stated that, “even the Northeast has fast emerged as an investment hub for organic farming and local entrepreneurship, and therefore, it would be a tragedy that a state like Jammu and Kashmir, which does not have the disadvantages of lack of connectivity and distant terrains like Northeast, ultimately ends up as a loser in the race.”
