Mere innovative restructuring of indirect taxes will not lead to enhanced GDP of the Indian economy in the wake of the failed performance of the farm sector. In fact, unless the agriculture sector registers a growth rate to the tune of not less than 4% per annum, the growth rate of GDP of the Indian economy can never be stable and permanent. After the introduction of GST, it is estimated that GDP growth rate will come down from 7.1% to 6.1%. The pattern of sectoral contributions to the economy is topsy-turvy. Agriculture accounts for 17% of the total contribution to GDP, industry accounts for 25% while for the service sector, it is 52%. Unless these policy errors in structural contributions are rectified, GDP growth rate cannot be increased in a stable and secure manner. Finally, reconstruction and rehabilitation as far as the farm sector is concerned is the need of the hour.
V. Sivaprakasam,
Chennai
GST has become a handy tool for unscrupulous hoteliers, small ‘tiffin centre’ owners and traders to fleece their customers. So far, the experience so far for a customer has been unpleasant and he often ends up without being issued a detailed printed bill or receipt. Many seem to be unaware of the GST Council’s rates. There should be a working toll-free number to register complaints and the government should have surprise checks. Customers must demand bills if anything extra is charged in the name of GST.
S.Vaithianathan,
Madurai
