Arun Jaitley, P Chidambaram Spar Over GST Ahead of All-Party Meet

NEW DELHI: Finance Minister Arun Jaitley on Tuesday offered to discuss with Congress changes in the Goods and Services Tax bill but also said that some of the party’s demands can “damage” more than benefit the system.

It would be “extremely unfair” to the country “if we try to impose in the name of political compromise, a GST with a defective architecture,” Mr Jaitley said at an event organized by industry body ASSOCHAM.

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Responding to the comments, former finance minister P Chidambaram tweeted this morning: “FM’s confrontational speech at ASSOCHAM not the best way to reach out to opposition on GST.”
The sparring sets the tone for an all-party meeting today on GST, which will create a single market in India for the first time since independence and is expected to boost the economy.

The government aims at rolling out the new regime from April 1. The Congress blocked the GST Bill in the last session of Parliament over its demand that a revenue-neutral rate not higher than 18 per cent be mentioned in the Constitution Amendment bill.

“We are reaching out to them, we are willing to discuss with them because some of these suggestions may not necessarily be in the larger interest of the GST structure,” Mr Jaitley said, adding that those stalling reforms should realise that space for obsolete thinking is now shrinking and those who support reforms is much bigger than those who obstruct.

“The wisdom which dawned on my friends in the Congress party had not dawned on them when Pranab Mukherjee (as Finance Minister) introduced the GST (in 2011). It did not dawn on them when (then Finance Minister) P Chidambaram accepted the Standing Committee recommendations but to come out with the preposterous suggestion that tariff must be mentioned in the Constitution document so that in a given exigency if tariff has to be altered you need a two-third majority in both houses of Parliament and has to go to each of the states,” he said.

“And when tariff rate has to be mentioned in the Constitution itself, (then it) is a flawed architecture…Because the GST with flawed architecture can actually damage the system much more than it can benefit,” he said.

4 Comments

  1. Arun Jaitley now says, “The wisdom which dawned on my friends in the Congress party had not dawned on them when Pranab Mukherjee (as Finance Minister) introduced the GST (in 2011). It did not dawn on them when (then Finance Minister) P Chidambaram accepted the Standing Committee recommendations but to come out with the preposterous suggestion that tariff must be mentioned in the Constitution document so that in a given exigency if tariff has to be altered you need a two-third majority in both houses of Parliament and has to go to each of the states”

    IT PROVES THAT THE CONVERSE IS TRUE. WHY THIS WISDOM WHICH HAS NOW DONNED ON THE RSS-BJP GOVERNMENT NOW, DID NOT DOWN ON THEM WHEN THEY WERE IN THE OPPOSITION AND WHEN THEY OPPOSED IDENTICAL LAW WHICH THE CONGRESS WANTED TO ENACT WHEN THEY WERE RULING.

    THE CONGRESS MUST DEMAND FOR AN UNCONDITIONAL APOLOGY FROM THE MODI GOVERNMENT, BEFORE IT SUPPORT THIS MOVE BY THEM. THEY MUST LET THE PEOPLE OF INDIA KNOW THAT THEY OPPOSED THE LAK PAL BILL, THE LOKAYUKTA BILL, AND MANY MORE REFORMS LIKE THE FDI IN INDIA, ONLY TO DEPRIVE THE CONGRESS DO GOOD FOR INDIA, TO GET PETTY POLITICAL GAINS FOR THE BJP AND TO DEMONIZE CONGRESS.

    HAVING DONE CRUELTY TO THE CONGRESS AND HAVING CAPTURED POWER BY THESE WRONG DOINGS, THEY MUST TENDER OPEN APOLOGY IN THE PARLIAMENT AND THEN ONLY THE CONGRESS MUST CONSIDER CO-OPERATING WITH THEM FOR THE GOOD OF THE COUNTRY, AND NOT OTHERWISE!

  2. BJP did not allow the UPA to pass any bills.

    Why?

    The reason was super simple.

    By not allowing the UPA to pass any of the Bills in the “national interest”, BJP could accuse the UPA of “complete policy paralysis”.

    The driver of the “policy paralysis” scheme was Mr. Jaitley, of course.

    Everybody believed the “complete policy paralysis” story.

    Everybody repeated the “complete policy paralysis” story.

    Every forum, including this one, had plenty of comments mocking at UPA’s “complete policy paralysis” story.

    So people voted BJP to power. True, the “complete policy paralysis” scheme driver was not elected. But he ended up getting the spokesman status for the purse (while the globetrotter and his 56-inch-all-over twin make all the decisions).

    Should we think that the UPA should happily support the BJP in GST and other Bills?

    Maybe UPA should, so that BJP can proudly announce that, where the UPA suffered “complete policy paralysis”, BJP never has such problems!

    Let us see how UPA plans to repay the BJP.

    The only successful outcome of the BJP Government seems to be the selfies taken by the globetrotter with the gora masters.

    Unfortunately can’t see anything else. BTW, Mr Jaitley announced today that the economy is bad because of ISIS.

  3. ‘Dhoti’ Chidambaram ?? Is he still around? Why can’t this guy and Mani ‘Shaikh’ Ayyar retire from politics and save some embarrassment?

    • Original R.Pai says – ‘Dhoti’ Chidambaram ?? Is he still around? Why can’t this guy and Mani ‘Shaikh’ Ayyar retire from politics.

      GOOD IDEA RSS PAI! RSS IS DICTATING WHICH POLITICIANS FROM THE OPPOSITION PARTY MUST RETIRE.

      WHICH RSS KARYAKARTA MUST BE THE PRIME MINISTER OF INDIA, AND THE CHIEF MINISTER OF BJP RULED STATES AND WHAT SHOULD BE STATE POLICY.

      IT DICTATES WHICH HINDU RELIGIOUS PERSONS ARE INDIANS, WHO ELSE SHOULD GO TO PAKISTAN AND WHO SHOULD BE TREATED AS TALIBAN OR ISIS.

      THIS IS THE ZENITH OF RSS TOLERANCE!LOL.

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