Venkaiah Naidu, Parliamentary Affairs Minister, on Wednesday said that the government is in the favour of passing GST in the Monsoon Session.
Venkaiah Naidu, Parliamentary Affairs Minister, on Wednesday said that the government is in the favour of passing GST in the Monsoon Session. He said that he would speak to all parties, even if it requires personal talks. Investors have billed the proposed GST as a “silver bullet” for India’s economy that would replace multiple federal and state levies – a chaotic structure that inflates costs for businesses.
He also said that the Cabinet Committee of Political Affairs had recommended holding the Monsoon session from July 18 to August 12.
“We held a meeting of the Cabinet Committee on Parliamentary Affairs. The prime minister (Narendra Modi) presided over the meeting. We were all in favour of bringing the GST bill in the monsoon session of parliament,” Naidu said.
“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 prime minister 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.”
In Lok Sabha, important bills pending include the Consumer Protection Bill 2015 and the Benami Transactions (Prohibition) Amendment Bill, 2015. Naidu said that he had asked ministers to introduce at least 25 bills in Monsoon Session.
The government will also push for clearing a bill, which seeks to replace an Ordinance to amend the Enemy Property Act as well as a bill to replace the Ordinance on the National Eligibility-cum Entrance Test (NEET).
The last few sessions of Parliament have seen sparrings even though the second part of the Budget session recorded a relative improvement as far the completion of government business was concerned. But the problem of pending bills is not limited to the two years of the NDA government.