The government on Wednesday(Sept. 9, 2015) decided not to hold special session of Parliament to pass the Constitution amendment bill for rolling out Goods and Services Tax (”GST”) bill and will recommend to the President to prorogue the Monsoon Session.
According to Finance minister Arun Jaitley. Government was keen on special session to obtain Parliament's nod for the GST bill but opted against it "for the time being" as talks with the Congress did not yield results. Efforts to reach an agreement on the bill, which it had proposed to roll out from April 1, 2016, would continue.
The GST bill, which has been passed by Lok Sabha, got stuck in political logjam in the Rajya Sabha where the ruling NDA does not have a majority. As per the procedure, after approval by the Rajya Sabha the bill will have to be approved by 50 per cent of the state legislatures.
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