Hope to Pass GST Bill In Monsoon Session of Parliament: Venkaiah Naidu

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posted on 8 years ago — updated on 1 second ago

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The government hopes to pass a bill for the rollout of a nationwide goods services tax which would replace multiple federal and state levies. e opposition Congress party, however, has blocked the measure in parliament.

New Delhi: The government is hopeful of passing the Goods and Services Tax Bill (GST) in the upcoming session of Parliament.

Union Minister Venkaiah Naidu said there is a lot of consensus over the issue among political parties.

"There is a lot of consensus on the issue. There are some concerns as well. Both myself and the Finance Minister (Arun Jaitley) will speak to political parties. The PM has already said he is himself ready to talk to political leaders," the minister said after the meeting. We feel this is a very important bill and we do hope it will be passed in the monsoon session," Naidu said.

The Monsoon Session will be held between July 18 and August 12.

"We held a meeting of the Cabinet Committee on Parliamentary Affairs. The PM presided over the meeting. We were all in favour of bringing the GST bill in the monsoon session of parliament," Naidu said.

PM Narendra Modi had recently said that the stalling of the GST bill was a loss for the poor people of India, and hoped the changing party arithmetic in parliament would pave the way for its enactment.

"There is just one group which has made it the issue of prestige," Modi said, referring to the Congress party's opposition to the GST Bill. "Now the kind of arithmetic which is working out, I hope that this decision is passed in favour of the poor."