India’s Congress would back tax reform if in opposition: minister

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If India’s ruling Congress party is pushed into opposition after a general election, it would give its backing to a major tax reform it tried to bring in during 10 years in office, a government minister and party strategist said on Thursday.Jairam Ramesh, a senior adviser to the Nehru-Gandhi dynasty controlling the party, criticized opposition leader Narendra Modi for blocking the general services tax (GST), which is aimed at easing doing business, raising revenues and boosting growth.”If the people of India want us to be in the opposition, we will not do what Mr Modi did to us on GST, he single-handedly derailed the most important economic initiative of (our government),” Ramesh said in an interview as the world’s biggest election reaches the final stage.Results are due on May 16.

For full report read …. http://www.reuters.com/article/2014/05/01/us-india-election-idUSBREA400JN20140501

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