Note ban, GST will work in favour of government, feels BJP
NEW DELHI: The Narendra Modi government's decision to go for demonetisation last year and implement GST (Goods and Services Tax) this year, may have brought in some "immediate pains" to people, but the ruling BJP is hopeful that both the policies will eventually help create a robust economic system in the country, the signs for which will start showing in the "long run, that is by 2019." according to party sources.
The party believes both the policy decisions will eventually help in cleaning up the system and create a "stronger foundation for the economy, usher in greater transparency and reduce corruption in the system," by 2019 and hence that is going to be the party line to be drawn up at the one-day BJP national executive coming up on September 25.
That the "immediate pains" indicated by the present dip in the growth rate is hurting the government as it readies for a spate of assembly polls, leading up to the 2019 Lok Sabha elections, is clear from the fact that one of the key focus areas of the only resolution to be drawn up at the one-day executive meeting here on Monday, will be the state of the economy.
"Demonetisation was a systemic change in the direct tax regime and GST in the indirect tax system. We were expecting some pain because it is natural when there is a shift. But we are long term players... we have to take the country forward and Prime Minister Modi has set the basics right," BJP general secretary Ram Madhavsaid on Wednesday, when asked about the dip in the growth rate.
The ruling party is hoping that the signs of the economy picking up will be clear by 2019, when Modi goes for re-election and people would be able to feel the impact of a healthier, transparent system, which is surely a long-term benefit for the country.
Monday's BJP meet, that will also mark the end of centenary celebrations of party ideologue Deen Dayal Upadhyay, is slated to be an extended executive with all the party's legislators - MPs and MLAs - having been invited for it. With elections coming up immediately in Gujarat and Himachal Pradesh and to be followed up by Karnataka a slew of other states next year, the party line on the government's GST implementation and demonetisation move needs to be drawn up to tell voters that the "immediate pains" will usher in positive changes that will finally benefit them.
The party believes both the policy decisions will eventually help in cleaning up the system and create a "stronger foundation for the economy, usher in greater transparency and reduce corruption in the system," by 2019 and hence that is going to be the party line to be drawn up at the one-day BJP national executive coming up on September 25.
That the "immediate pains" indicated by the present dip in the growth rate is hurting the government as it readies for a spate of assembly polls, leading up to the 2019 Lok Sabha elections, is clear from the fact that one of the key focus areas of the only resolution to be drawn up at the one-day executive meeting here on Monday, will be the state of the economy.
"Demonetisation was a systemic change in the direct tax regime and GST in the indirect tax system. We were expecting some pain because it is natural when there is a shift. But we are long term players... we have to take the country forward and Prime Minister Modi has set the basics right," BJP general secretary Ram Madhavsaid on Wednesday, when asked about the dip in the growth rate.
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When after implementation of Note ban, GST common man is badly hit ,how it shall help NationThe ruling party is hoping that the signs of the economy picking up will be clear by 2019, when Modi goes for re-election and people would be able to feel the impact of a healthier, transparent system, which is surely a long-term benefit for the country.
Monday's BJP meet, that will also mark the end of centenary celebrations of party ideologue Deen Dayal Upadhyay, is slated to be an extended executive with all the party's legislators - MPs and MLAs - having been invited for it. With elections coming up immediately in Gujarat and Himachal Pradesh and to be followed up by Karnataka a slew of other states next year, the party line on the government's GST implementation and demonetisation move needs to be drawn up to tell voters that the "immediate pains" will usher in positive changes that will finally benefit them.
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