"We have missed yet another opportunity for passage of the Constitution Amendment Bill for introduction of Goods and Services Tax (GST), which is the most important tax reform ever proposed in the country.
"It is rather unfortunate that an important reform which would have raised India's GDP by 1.5 per cent at a time when growth is needed the most, has fallen to expediency of some political parties. This country deserves better performance from Parliament and lawmakers," Assocham President Sunil Kanoria said.
"India is being recognised as a bright spot in an otherwise hazy global outlook, but we cannot take this for granted as global headwinds are quite strong and can sway us anytime if we do not get our act together," Kanoria said.
(REOPENS DCM 84)
Unhappy with the non-passage of GST bill in the Winter Session, traders' body CAIT today decided to call for a national campaign from 15th January next year to next session of Parliament for pressing the lawmakers to pass it in the Budget session of Parliament.
