Cabinet Approval for GST Bill
IT is learnt that the Union Cabinet has given its approval for a Bill to amend the Constitution to introduce a uniform GST . The perseverant Finance Minister is keen to have the GST in place by April, 2012; maybe he wants a place in the history of India as the author of GST ! Industry and Trade also welcome it and the new President of FICCI wants to meet the State Governments to try and convince them that it is good for everybody. If the BJP can look a little beyond the temples and consider economics without politics, this Bill will be through.
GST is good for the country and certainly Pranab Da is not going to gain anything personally, except perhaps a place in history. If the politicians can prove, for a change that they are not anti social and anti national, they will ensure that GST Bill is passed. But unfortunately, we don't have politicians who place economics above petty politics!