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'Is Arvind Subramanian silly,' Chidambaram asks PM Modi

NEW DELHI: Senior Congress chief P Chidambaram on Thursday hit again at Prime Minister Narendra Modi, an afternoon after the latter mentioned that the Congress’s call for that the Goods and Services Tax (GST) be capped at 18 consistent with cent used to be a ‘Grand Stupid Thought.’

Chidambaram questioned if PM Modi thought to be different proponents of one of these transfer – together with Chief Economic Adviser (CEA) Arvind Subramanian – “stupid.”

Yesterday, at a rally in Gujarat’s Morbi, the PM had mentioned: “Some intellectuals and economists are misleading the country. Congress wants the same 18% tax on something as essential as salt and something as expensive as Rs 5 crore worth car. They want 28% tax on alcohol and costly cigarettes to be reduced to 18%. Do you want to sell cheap alcohol and spread cancer by selling cheap cigarettes. This is nothing but a Grand Stupid Thought. There can’t be any bigger anti-poor and anti-middle class thought.”

Chidambaram additional requested if the PM had learn a 2015 file by way of a CEA-led committee that instructed an ordinary GST price of 17-18 consistent with cent, according to a revenue-neutral price (RNR) of 15-15.five consistent with cent.

He demanded to understand why the standard GST price could not be 15 consistent with cent and the RNR plus price on luxurious items be 18 consistent with cent.

“Tax and spend is the credo of the BJP government. Example: when crude oil prices fell by 50%, prices of petrol and diesel remained the same,” he wrote.

The Congress has been very vocal in its complaint of the GST because it used to be conceived by way of the Modi govt.

The birthday celebration’s vp Rahul Gandhi went as far as to name it a ‘Gabbar Singh Tax’. He additionally promised that if the BJP didn’t cut back the tax price to a flat 18 consistent with cent, his birthday celebration “will do it in 2019.”

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