Discussions on economy, GST good for democracy: VP Venkaiah Naidu

Venkaiah Naidu said discussions on economy should go on and that such debates and consultations are always good for democracy.

Published: 06th October 2017 02:57 PM  |   Last Updated: 06th October 2017 02:57 PM   |  A+A-

Vice President M Venkaiah Naidu (File | PTI)


NEW DELHI: Vice President Venkaiah Naidu today said discussions on economy and GST should go on and that such debates and consultations are always good for democracy.

In the long run, GST will be beneficial for all, the vice president asserted.

"Discussions are going on about the country, its economy and also GST - its effects, after-effects and side-effects.

Let the discussions go on. It is always good for democracy,"

Naidu said during his speech at the International Conference on Technological Advancements in Railway and Metro Projects.

Speaking on a day when the GST council is meeting in Delhi, the VP said that people must understand that any transformation, any reformation face "some initial hiccups, some teething troubles".

"But at the end of the day, the PM's mantra of reform, perform and transform has a meaning," he said, adding that GST is India's most revolutionary tax reform ever.

Quoting news reports, Naidu said that the World Bank and big multinational companies have also endorsed GST and that future generations of Indians will be happy with this tax reform.

He also said that the political debate on GST should be allowed to go on and the government of the day will take a note of the positive and the critical points and then "take corrective measures".

"With about 8 lakh crore brand investments opening up FDI in retail infrastructure and the implementation of GST, I am sure the Indian Railways, particularly the long-distance transport, will stand to benefit in the years ahead," he said.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp