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  5. GST's 'faulty design' has killed jobs and businesses: Manmohan Singh

GST's 'faulty design' has killed jobs and businesses: Manmohan Singh

Former Prime Minister Manmohan Singh on Monday said the GST as implemented has a "faulty design" and that its "complication of compliances" has killed jobs and businesses.

Reported by: IANS New Delhi Published : Oct 30, 2017 23:44 IST, Updated : Oct 30, 2017 23:44 IST
GST's 'faulty design' has killed jobs and businesses:
GST's 'faulty design' has killed jobs and businesses: Manmohan Singh

Former Prime Minister Manmohan Singh on Monday said the 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 implemetation 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.

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