City
Epaper

Way GST was structured, implemented affected economy, says Digvijay Singh

By ANI | Updated: October 3, 2021 15:35 IST

Senior Congress leader Digvijay Singh on Sunday said that the way Goods and Services Tax (GST) was structured and implemented by the Central government affected the economy of our country.

Open in App

Senior Congress leader Digvijay Singh on Sunday said that the way Goods and Services Tax (GST) was structured and implemented by the Central government affected the economy of our country.

In a press conference in Ahmedabad, he said, "The way Goods and Services Tax (GST) was structured and implemented by the Central government affected the economy of our country."

He added, "According to Reserve Bank of India (RBI) data in September 2016, there was 17.8 lakh crore currency in the market. According to RBI data, today this currency has increased to 27 lakh crores. It is not being clarified how this nine lakh crore currency came into our market."

He said, "From then till today, if digital transactions were more, then the cash liquidity in the market should have been less. Corruption, black money and terrorism should have ended, the fake currency should have ended but it did not happen. Today when banks have liquidity crunch, where has it gone?"

The leader said, "As per reports, Amazon paid legal fees of Rs 8,546 crore, following its dispute with Future group. Who did the company pay the fees to? It is being said that corruption has been done. We demand a committee headed by the Chief Justice of India (CJI) to investigate this matter."

He further slammed the Centre and said that Prime Minister wants to end the medium and small scale businessmen and tries to establish a multi-national capitalist country. This shows the ideological differences between Bharatiya Janata Party (BJP) and Congress.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: congressReserve Bank Of IndiaDigvijay SinghThe finance ministry of indiaMonetary policy committee of the rbiCentral board of reserve bank of indiaReserve bank of india governorFinance ministry and reserve bank of indiaNew india strategyReserve bank of india's board
Open in App

Related Stories

NationalBihar Assembly Election: BIG Setback to INDIA Alliance as AAP to Contest All Seats Alone (VIDEO)

MaharashtraLadki Bahin Yojna: Budget Rules or Fund Diversion? CM Devendra Fadnavis Responds to Opposition Charges

NationalSonia Gandhi Health Update: Congress Leader Taken to Hospital in Shimla; Condition Stable

Maharashtra'You Took Shiv Sena to Congress, Destroyed Balasaheb's Legacy': Girish Mahajan Hits Back at Sanjay Raut

MumbaiBMC Elections 2025: Congress to Contest Civic Polls Alone

Politics Realted Stories

MaharashtraMaharashtra Politics: Raj Thackeray Meets CM Devendra Fadnavis at Taj Lands End Amid Rumours of MNS–Sena UBT Alliance

MaharashtraMaharashtra Municipal Elections 2025: Mahayuti Alliance to Contest Civic Body Polls Together, Says CM Devendra Fadnavis

Maharashtra'Remembered the Advice My Mother Gave Me': Supriya Sule On Her WhatsApp Status

Maharashtra'Will Give News Soon': Uddhav Thackeray's Big Statement on Possible Alliance of Shiv Sena UBT and MNS

NationalPunjab By-Poll 2025: BJP Fields Jeevan Gupta From Ludhiana West Assembly Constituency