GST an epic blunder, TMC not to attend roll-out event: Mamata

Agencies
June 28, 2017

Kolkata, Jun 28: West Bengal Chief Minister Mamata Banerjee today said her party TMC will not attend the GST roll-out programme on June 30 midnight as she flayed the "unnecessary hurry" to roll it out.

The TMC supremo termed the GST roll-out as another "epic blunder" by the Centre.mamata

"Our Parliamentary Party has decided not to attend the 30th June, 2017 midnight programme at Parliament House to celebrate GST, as a mark of protest," she said.

"We are deeply concerned about GST implementation. After #demonetisation, this unnecessary disastrous hurry is another epic blunder of the Centre", she said on Facebook.

"We have been for GST from the beginning but are very worried now with the way the Central Government is going ahead with the implementation", she said.

"Our repeated suggestions to take some more time to properly implement GST have fallen on deaf ears. The entire business community, especially the small and medium ones, are scared and confused.

"Only 60 hours are left before this ill-planned launch and no one knows for sure what's happening!", she said.

"Essential commodities such as medicines are not available in many places and prices of various commodities are rising for lack of clarity and mismanagement", she said.

Banerjee said, "We have always been fighting for maintaining the federal structure of the country, even if Bengal at times was the lone voice and conscience of the GST Council".

She said, "There are almost 20 different taxes in the present tax regime and we felt that one single tax and integration of all markets across the country will provide big relief to all".

Having a dig at the BJP, she said, "The current ruling party at the Centre had initially strongly opposed GST for over 7 years and suddenly did a somersault on coming to office as a champion of GST".

Banejee said that the economy is not yet ready to face the GST from July 1. The 3-day strike declared by the textile industries in the country was the evidence of "our deep concerns on the lack of preparedness".

"Small business entities are not yet ready with basic requirements like invoice, accounting system, IT system, etc. Another piece of evidence of unpreparedness comes from the fact that the 'Return Form' had to be simplified for the first 6 months as all systems are not in place.

"It is shocking that the e-Waybill System is not yet designed and states are being asked to run their own systems as a stopgap arrangement", she said.

"We feel, at least six months will further be necessary to notify all rules and procedures and give enough time to the stakeholders, particularly the small and medium enterprises to successfully implement the GST.

"Otherwise, a chaotic situation may arise in our vast economy for which the Government of India will be primarily responsible", she said.

The West Bengal chief minister expressed hope that the voices of the people and businesses will be heard by the Centre.

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News Network
April 20,2020

Thiruvananthapuram, Apr 20:  Kerala Chief Minister Pinarayi Vijayan on Monday said that the government would revoke the order, which allowed the opening of barbershops and restaurants in the State.

The development comes after the Ministry of Home Affairs (MHA) objected to the move.
When asked about the letter issued by the MHA terming certain decisions as to the dilution of guidelines, Chief Minister Vijayan said: "There is no confrontation between the State government and the Centre."

"Kerala is following all directions issued by the Centre. Barbershops will not be opened and restaurants will only provide online delivery," he told the reporters, adding that public transport would not be allowed.

"There was a decision to open barbershops but many experts have pointed out against the decision. So the Kerala government is withdrawing the decision," he said.

Earlier, Chief Secretary Tom Jose said that if needed, then the State government will make necessary modifications to the lockdown guidelines in the wake of a communication received from the Central government.

The MHA had objected to the decision of Kerala government to allow services like barbershops, local workshops, restaurants, etc., and had urged the State government to revise its lockdown guidelines.

The Government of India had said that violation to lockdown measures reported posed a serious health hazard to the public and risk the spread of COVID-19.

Union Home Secretary Ajay Bhalla wrote to all Chief Secretaries and a separate letter had been sent to the Kerala Chief Secretary asking them not to dilute lockdown guidelines in any manner.

In his letter to the Kerala Chief Secretary, Bhalla had stated that the consolidated revised guidelines on the measures to be taken by the Ministries/Departments of the Government of India has been circulated on April 15 for containment of COVID-19.

Kerala Minister Kadakampally Surendran had said that relaxations have been given abiding by the direction issued by the Central government. He had added that the Centre may have asked for an explanation due to some misunderstanding.

India is under a nation-wide lockdown that came into force on March 25 to contain the spread of coronavirus, which has claimed 559 lives in the country. Last week, Prime Minister Narendra Modi announced the extension of lockdown till May 3.

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News Network
June 5,2020

New Delhi, Jun 5: Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala.

On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.

It surged 2.41 per cent to its one-year high of Rs 1,618 on NSE.

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital unit to Mubadala for Rs 9,093.60 crore, the sixth deal in as many weeks that will inject a combined Rs 87,655.35 crore in the oil-to-telecom conglomerate to help it pare debt.

"Mubadala Investment Company (Mubadala) will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore," the company said in a statement.

With this investment, Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala in less than six weeks.

Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd, is a next-generation technology company.

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Agencies
June 19,2020

Srinagar, Jun 19: Suspended Jammu and Kashmir DSP Davinder Singh, arrested while ferrying two Hizb-ul-Mujahideen terrorists in a vehicle on the Srinagar-Jammu Highway earlier this year, was granted bail by a Delhi court on Friday, his lawyer said.

Singh and another accused in the case - Irfan Shafi Mir - were granted the relief by the court in a case filed by special cell of Delhi Police, noting that the probe agency failed to file charge sheet within 90 days from his arrest, as prescribed under law, their lawyer M S Khan said.

The bail was granted on a personal bond of Rs 1 lakh and two sureties of like amount.

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