VISA | GST & Octroi

27 Jul 2020 02:05 AM By P B



Europe implemented one Visa policy, Schengen Visa, to improve business & employment across Europe. India as a country was always there with free movement of people which helped people get employment.

Will any company send an employee for business or setting up new factory to other state if there is fear of he/she getting quarantined blindly, 14 days? It’s business cost.

Hurdle to goods movement was corrected by GST & Octroi (removal).

By removing article 370, the same benefit got extended to J&K.

Focus on ease of doing business at state level, willingness to attract manufacturing to states, & linking same with additional loan limit of state are some good steps.

We all understand that communication, roads, transportation, & travel are important part of economy.

We halted running “economy” engine to educate people, improve health supply & prepare nation for new habits. The direction changed from highest level in the country & that’s why it was understood quickly.

Now, it’s time to change direction again to save economy & employment. It can happen by similar bold statements from central & state leadership.

Else, one part of Govt will try to revive, support industry by moratorium & the other part of Govt will take actions which suffocate-kill industry.