Don’t miss the latest developments in business and finance.

Demonetisation, GST ruined the country's economy: Hooda

Image
Press Trust of India Shimla
Last Updated : Oct 25 2017 | 8:42 PM IST
Former Haryana chief minister Bhupinder Singh Hooda today claimed that demonetisation and the imposition of the Goods and Services Tax (GST) by the BJP government had "ruined" the country's economy.
"The people have understood the real motive and implication of demonetisation and the GST, and they will give a suitable reply to the BJP in the assembly polls," he said here, expanding the central tax to"Gayi Tumhari Sarkar".
Rejecting opinion polls on the Gujarat and the Himachal Pradesh assembly elections, he said that these are not reliable and claimed that the surveys seem to have been conducted before demonetisation and the GST's roll-out.
There was an understanding that the petroleum products would be brought under the GST and highest-tax slab would be 18 per cent, but the Modi government has betrayed the people, Hooda alleged during a programme in the poll-bound state.
"The policies of the government, demonetisation and the GST, had ruined the country's economy and the youth is restive as there has been massive job loss, post demonetisation," he said here.
Farmers have also suffered due to the GST as prices of fertilisers, insecticides and pesticides have gone up while the non-performing assets of banks was rising, the Congress leader said .
He said that the Congress has already declared its leader for the Himachal Pradesh polls while it seemed the BJP will contest the assembly polls in the name of Modi.
The Haryana leader appealed to the rebels to withdraw from the contest and support the official candidates of the party.

Also Read

First Published: Oct 25 2017 | 8:42 PM IST

Next Story