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Close vigil on GST rollout progress:
Context
- Recently India launched GST after 16 years of its initial discussion
- The government is keeping a close watch on the day-to-day progress in the implementation of the Goods and Services Tax (GST)
Tracking the Implementation
- Government weekly meet at its highest level is being done to keep a track on the implementation of the new tax regime
- Every Secretary has been asked to take up the responsibility of their own stakeholders, trade and industry and with State officers as far as implementation of GST is concerned
- The government had asked all the departments to ensure that there is no shortage of products and consumer items in order to keep a check on prices
- Special emphasis is being laid on keeping prices of essential commodities under check
- All the concerned departments have also been asked to ensure that retailers, dealers and shopkeepers displayed a ready price list under GST of the items sold by them.
Conclusion
- After prolonged debates and discussions and continuous opposition the new tax regime of GST was launched
- The government, on its part, must ensure that the benefits of GST were passed on to the consumers