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| Politics
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| State Elections Won't Alter Course |
| State Elections Won't Alter Course of Reforms, Says Nirmala Sitharaman
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| UNITED KINGDOM
, 18-November-2015
10:26:52 AM |
| The rout of BJP in Bihar elections will not derail the reform agenda at the Centre and the bill on Goods and Services Tax (GST) will get through Parliament soon, Commerce Minister Nirmala Sitharaman has said.
"State elections do happen but that does not alter the course of the central government or its mandate. We will keep going on reforms and are committed to fulfilling our mandate," Ms Sitharaman said during a Policy India Summit in London via live video link from New Delhi on Tuesday.
"Ease of doing business related work of the government continues...there is a lot of appetite to invest in India and perceptions have changed under the new government by the steps we have taken.
"I am hopeful the GST bill will also be passed soon...ultimately it is in the national interest for it to get passed," she added.
GST is a major indirect tax reform that will bring down tax rates by removing different types of Central and state taxes and will also make movement of goods across India easier.
The government had planned to roll out GST from April 1, 2016. However, it looks difficult as the Constitution Amendment Bill is stuck in the Rajya Sabha where the ruling NDA does not have a majority.
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