Wednesday 29 June 2016

GST Bill is a do-or-die situation for NDA -:- Equity Research


The Monsoon session of the Parliament will begin on July 18 and will continue till August 12. So, can the GST Bill finally see the dawn? In an interview with CNBC-TV18, Anil Padmanabhan, the deputy Managing Editor of Mint said that GST Bill is a do or die situation for NDA. "If the government doesn't push it in this session, it won't happen during the remaining regime of the Modi government," he added.   Soumya Kanti Ghosh, the Chief Economic Advisor of SBI also said that the GST Bill is a top priority of the government and that it is giving definite signals about clearing the Bill soon. "After the Brexit fiasco Indian markets declined, hence it is about time for markets to price in the GST Bill if it is passed," he said.  Apart from the GST Bill, the focus will also be on other 25 pending Bills in the monsoon session, said Padmanabhan. 

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