Updated: May 13, 2011 19:06 IST

States to look for new chief to steer GST

print   ·   T  T  
Mr. Asim Dasgupta. File photo: AP.
Mr. Asim Dasgupta. File photo: AP.

In the Assembly elections, Mr. Dasgupta lost to TMC candidate and Ficci Secretary General Amit Mitra by a margin of over 26,000 votes.

With the Left losing power in West Bengal, the Empowered Group of State Finance Ministers, which is currently engaged in building a consensus on the GST, will have to find a replacement for Asim Dasgupta who has been heading the body since its inception.

As West Bengal Finance Minister, Mr. Dasgupta was involved with the Empowered Group for more than a decade. Earlier, he was the convenor of the VAT panel and played a key role in implementing the new tax regime.

As chairman of the Empowered Group, Mr. Dasgupta was engaged in preparing a blue print for implementation of the Goods and Services Tax (GST) along with other state finance ministers.

In the Assembly elections, Mr. Dasgupta lost to TMC candidate and Ficci Secretary General Amit Mitra by a margin of over 26,000 votes.

The view that seems to be emerging is that the new chairman of the Empowered Group should be somebody who has experience of serving in the body.

“As a chairman of the group, we would prefer somebody more experienced in handling intricacies of party politics,” said one of the members of the body.

This stance goes against the view in some quarters that Mr. Mitra is a favourite to replace Mr. Dasgupta.

“Mitra, if he is allocated the finance portfolio, would have his hands full with affairs back in West Bengal. He should be focusing on that,” the member said.

The new chairman will have a tough task of bringing a consensus among states and the central government on the GST.

“At this moment it is premature to speculate about who the chairman of the Empowered Group would be. Not only West Bengal, but two other very important states —— Tamil Nadu and Kerala —— have witnessed change in governments and would be having new faces as finance ministers,” Madhya Pradesh Finance Minister Raghavji said.

He said any decision in this regard has to be unanimous.

“A decision would be reached only on the basis of consensus among state governments, besides taking on board the view of the central government. This will also mean consensus between the Congress and the BJP, who are two major political parties in India,” Mr. Raghavji said.

“Dasgupta worked very hard during his tenure as chairman of the Empowered Group. Whoever becomes the new chairman will have a big task before him, especially in taking ahead the matter of GST” he added.

In the Budget Session last year, the Government had introduced the Constitution Amendment Bill in the Lok Sabha which seeks to pave the way for the Goods and Services Tax.

The Hindu presents the all-new Young World

AP banks on another Naidu vision
With Hyderabad lost to Telangana, the new State has great expectations of its CM and his new capital.

‘Within a year, Hyderabad will rock’
Telangana looks set to restore its glory

We have to build from scratch: Naidu
‘I have to fight for funds for Capital, special status’.

An act that triggered a World War

A century ago this day, a double murder carried out by a group of Bosnian assassins became a historic event. »  







Recent Article in News

Saina Nehwal

Happy for Sania, but what about my award, asks Saina

The ace shuttler was hurt over erstwhile Andhra Pradesh Government not keeping its promise of awarding cash prize to her on winning the Olympic medal »