GST’s faulty design has killed jobs and businesses,says ex-PM Manmohan Singh
The former Prime Minister raised concerns over the faulty implementation of GST at a meeting at the AICC headquarters.india Updated: Oct 30, 2017 21:15 IST
Former Prime Minister Manmohan Singh on Monday said the Goods and Services Tax (GST) as implemented has a “faulty design” and that its “complication of compliances” has killed jobs and businesses.
At a meeting on GST at the AICC headquarters, Singh raised concerns over the faulty implementation of GST.
“While demonetisation was organised loot and legalised plunder, GST has ended up taking away livelihoods of ordinary people besides shutting down businesses,” Congress spokesperson Randeep Singh Surjewala quoted Singh as saying.
Surjewala said Singh noted with concern “the fact that the faulty design (of GST), and architecture and complication of compliances have killed jobs and businesses”.
The meeting on GST was attended by Manmohan Singh, Congress vice president Rahul Gandhi, former minister P Chidambaram, Jairam Ramesh, finance ministers of Congress-ruled states, AICC general Secretaries and in-charges of states.