Intolerance issue to hit winter session of Parliament

“These bills are for reforms in the country and for the development of all”, he said. Main opposition party, the Congress, has stalled the passage of the constitution amendment bill in the Rajya Sabha where the ruling NDA lacks majority.

“FM’s confrontational speech at ASSOCHAM not the best way to reach out to Opposition on GST”, P Chidambaram, who was finance minister during the previous UPA government, tweeted on Wednesday.

Minister of State for Parliamentary Affairs Mukhtar Abbas Naqvi stated the federal government’s agenda is to run the Houses easily and get the payments handed by reaching out to the opposition.

Finance Minister Arun Jaitley. Impact on market: Starting this week till December- end, apart from the outcome from US Fed meet, the market will also keep a close eye on any progress on the GST.

“There are new circumstances”.

The Congress party, even though it proposed the GST when it was in government, has led an opposition blockade against the measure and is in high dudgeon after its leaders faced a series of public attacks by the BJP.

After a complete washout of the Monsoon session, the Parliament reconvenes for the winter session from November 26 and is likely to remain stormy with Opposition – to rake up intolerance issue. “We want the bill to be passed in the winter session because political differences aside, legislations have to be passed and all parties must come together”, said a senior minister on condition of anonymity.

During nearly month-lengthy session, round 30 payments, together with GST and Real Estate regulation Bills, are slated to be taken up for consideration and passing.

“It would be unfair to the country to impose in the name of compromise, a defective GST”.

“Give and take is the essence of parliamentary democracy”, Congress leader in the Lok Sabha Mallikarjun Kharge told PTI.

While GST is just one piece of the puzzle, labour reforms are much more controversial as the government plans to alter archaic labour laws.

It intends to be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments.

GST is a single unified consumption tax on both “goods and services”.

Bringing a GST will eliminate multiple taxes that are added to the cost of a product which is produced in one state and sold in another and therefore reduce its final cost. But the 1% additional charge is being opposed by the Tamil Nadu government of J Jayalalithaa.

“He also expressed the government’s readiness for holding discussion over every issue including the controversial issue of ‘intolerance”.