New Delhi: A pan-India goods and services tax with the support of state governments, a push for infrastructure and privatisation of state units without politics are among the assurances of BJP's prime ministerial candidate Narendra Modi if voted to power.
In an interview to a TV channel, with remarks in tune with his party's election manifesto, Modi also said the entire gamut of foreign equity needed re-evaluation, even as his pro-people, pro-jobs government will not cut subsidies but shun crony capitalism.
“We have always been on the side of the goods and services tax. But its success lies on a proper information technology network across the country. Unless a proper IT network is laid, implementing this tax is impossible,” Modi told CNBZ Awaaz.
“The central government has not been able to implement GST. This is because it has to work in partnership with states,” he said, adding this pan-India tax regime will also not come into force if states have to bear revenue loss or there is discrimination.
“How can a law that results in revenue loss for state governments work. The views of all states must also be taken into consideration. This was their (United Progressive Alliance government's) responsibility. But they did not do it,” he said.
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