Ahmedabad:In the backdrop of opposition from some Chief Ministers especially of BJP-ruled states on the proposed Goods and Services Tax (GST), Prime Minister Manmohan Singh today asked the industry to help build consensus crucial for future economic reforms.
“Going forward, the pace of reform in India will depend on how far our policies meet the test of democratic consensus…
it should not be assumed that the responsibility of forging consensus, whether it is on a unified goods and services tax or other economic legislation devolves on the government alone,” he said at the convocation of the Indian Institute of Management here.
Singh said the industry must play “its part in building public opinion, suggesting alternative policies that reconcile multiple interests and objectives and canvassing its viewpoint in a credible and transparent manner.