‘Consumer is the king’: Top quotes from Modi’s GST speech

  • HT Correspondent, Hindustan Times, New Delhi
  • Updated: Aug 08, 2016 19:01 IST
All the essential goods used by the poor are kept out of GST net he informed the Upper House on Monday. (PTI)

Prime Minister Narendra Modi spoke on the goods and services tax bill in the Lok Sabha on Monday, saying GST is an important step towards freeing the nation from tax terrorism. Here are the top quotes.

Read | As it happend : Moment by moment how the GST debate unfolded

* GST is a “great step by Team India, great step towards transformation, great steps towards transparency”.

* GST will also help curtail black money; traders will be compelled to give proper bills. “We speak a lot about corruption but we also need to build a strong anti-corruption system.”

* Consumer is the king, Modi said, and added: “With GST, we intend to bring uniformity in taxes.”

* Our strength lies in small businesses and they will feel more secure with GST, the PM said. “Consumer and small businesses will gain tremendously.”

* States in our country are not self-sufficient, but interdependent, Modi said. He stressed that GST will boost the economy of underdeveloped states help them earn more revenue.

* He said GST will act as a catalyst to help strengthen the trust between Centre and states. Tension between the Centre and states is generally over natural resources or share of funds, the PM added.

* We have always tried to discuss this with everyone, the PM said, adding that question of treating the Lok Sabha as junior house did not arise. “Rashtraneeti (national policy) is bigger than rajneeti (politics).”

* Today, an important move to free the nation from tax terrorism has begun, Modi said. He reached out to the opposition, saying: “This can’t be seen as a victory of a party or government, it is a win for the democratic ethos of India and a victory for everyone.”

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