Telangana Chief Minister K Chandrashekhar Rao today sought Prime Minister Narendra Modi's intervention in exempting beedi, granite, irrigation and drinking water industries from the GST to protect livelihoods of those depending on it. In a letter to the PM and Finance Minister Arun Jaitley, Rao said thousands of workers in the state depend on the beedi industry and imposition of excess taxes would adversely effect the workers. "Over 2,000 granite processing units in the state are providing direct and indirect employments to around seven lakh people," the CM said in the letter. Imposing 28 per cent on finished products of granites as proposed by the GST council will eventually lead to shutting down of the units in the industry, he added. Rao has proposed a reduction to 12 per cent for both raw and finished products of granites. GST rates on irrigation and drinking water will increase the cost of several state projects, including Mission Bhagiratha, substantially, he said. "Considering the welfare nature of projects, it would be appropriate to bring them under exempted category or at least put them in the lower GST slab of 5 per cent," Rao said in the letter.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)