New Delhi: Former Union finance minister P Chidambaram has deflected criticism over the opposition boycott of the launch of the Goods and Services Tax (GST), saying the Parliament event is mere "symbolism". The senior Congress leader, who is one of the original architects of the GST, rejected criticism that the boycott is "childish".
Chidambaram is away at his constituency Sivaganga and he and other members of the Congress are not attending the midnight launch event in Parliament because of a boycott by opposition parties.
Asked about the Narendra Modi government's timing on the rollout, the former Union minister said small and medium businesses in the country were not yet ready for the new Goods and Services Tax.
"I think Indian businesses, especially small and medium, are not yet ready for the rollout of GST. They have genuine concerns and apprehensions," he said.
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