To get the economy fully back on track, the Modi government will have to keep up the pace of efforts for the improvement of investor sentiment, climate for doing business by removing bottlenecks, employment generation and containing inflation.
The centre`s proposal to
introduce Constitution Amendment Bill in the current Parliament session to pave the way for rolling out the GST hit a road block, with the BJP-ruled states demanding more time to respond to the draft.
Terming the proposed GST as "anti-democratic, anti-poor and
anti-farmer," Madhya Pradesh finance minister Raghavji today
said the new indirect tax regime is aimed at divesting the
states of their financial freedom.
The government will present its annual Budget on February 26 and was aiming at enacting legislation in the second half of this year for introducing a new Goods and Services Tax (GST), the Finance Minister said on Saturday.