Business Standard

TRADERS PROTEST NEW TAX REGIME

- ARCHIS MOHAN For full report, visit www.business-standard.com

Even as the Prime Minister Narendra Modi-led government at the Centre rolls out the goods and services tax (GST) on Friday midnight, it will be greeted by protests and strikes across the country.

The Bharatiya Udyog Vyapar Mandal, which claims to represent 17,000 traders’ associatio­ns and small and medium enterprise­s, said it would observe a day-long Bharat Bandh (countrywid­e strike) on Friday, demanding changes in the GST regime.

Over the past week, its affiliate associatio­ns, especially in the textile sector, have been protesting against some provisions in the GST. Traders, small and medium entreprene­urs, and farmers have planned a series of protests through July and August.

“We have several issues with the GST system and rates. The tax on some of the items will be fatal for SMEs,” Bharatiya Udyog Vyapar Mandal Secretary General Vijay Prakash Jain said. If its protests do not get a satisfacto­ry response from the government, the associatio­n’s core committee will meet on July 6 to decide on the course of action.

Not all traders’ organisati­ons, however, are on the protest path. For instance, the Confederat­ion of All India Traders (CAIT) has decided to undertake consultati­on with the government.

“The GST is a new system. There is scope for amendments in the next six months. But the government should take cognisance of the issues being raised by other traders’ bodies,” CAIT chief Praveen Khandelwal said.

Protests of farmers’ and traders’ unions are likely to be more intense than any the Bharatiya Janata Party-led National Democratic Alliance government at the Centre has faced since being voted into power in 2014. These could reach a crescendo in the runup to the general elections in 2019. Over a hundred farmer organisati­ons will stage protests and take out marches from Mandsaur in Madhya Pradesh, where six farmers were killed in police firing on June 6, to New Delhi and other parts of the country.

Farmers’ outfits have decided to mark August 9, the anniversar­y of the Quit India Movement of 1942, with protests in state capitals and New Delhi. The monsoon session of Parliament, which starts on July 17, will be on then.

A march, supported by 130odd farmer organisati­ons, to highlight agrarian distress will begin from Mandsaur on July 3 and reach New Delhi on July 18. A farmer leader, who did not want to be identified, said tillers’ outfits of all political hues, including those associated with the Rashtriya Swayamseva­k Sangh, were coming together for these protests and to demand the implementa­tion of the Swaminatha­n commission’s recommenda­tions.

 ?? PHOTO: PTI ?? Textile shops in Kolkata closed for the third day on Thursday as traders protest against the GST
PHOTO: PTI Textile shops in Kolkata closed for the third day on Thursday as traders protest against the GST

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