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Thursday, February 2, 2023

Stalin urges centre to extend GST compensation period to 2 yrs, seeks Prez assent for NEET

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Chennai: Tamil Nadu Chief Minister M.K.Stalin today reiterated his demand to the Centre to extend the GST compensation period up to two years.

In his address at the 30th Southern Zonal Council Meeting at Thiruvananthapuram chaired by Union Home Minister Amit Shah, he placed some of the key demands pertained to Tamil Nadu to the Centre.

Stalin said after the introduction of GST, the fiscal autonomy of the State governments are largely restricted. Therefore, the compensation period must be extended up to two years. He also said that disaster relief funds and other such funds shall be released immediately.

Stalin also sought Mr Shah’s intervention in getting the Presidential assent for the Bill seeking to exempt TN from the purview of NEET. “I would like to talk about “The Tamil Nadu Admission to Undergraduate Medical Degree Courses Bill” which was passed, unanimously by the Tamil Nadu Legislative Assembly and pending for assent with the union government. I request the Union Home Minister to intervene in the matter to get the assent of the President of India to the above Bill”, he added.

Talking about airports, the Chief Minister said normally, the State Governments acquire and transfer the lands to Central PSUs/Airports Authority of India free of cost for setting up of airports.

“If the Airports Authority of India/Government of India at a later date, transfers the assets to a third party, then the value realized must be proportionately shared with the State Government considering the huge investment made by the State”, he said, adding, alternatively, the value of the lands should be converted as equity of the State Government through a Special Purpose Vehicle.

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