26.2 C
New Delhi
Monday 18 November 2019
Economy Business Gadkari defends Sitharaman: Ola-Uber comment 'misunderstood'

Gadkari defends Sitharaman: Ola-Uber comment ‘misunderstood’

Gadkari, defending Sitharaman's statement on the automobile slowdown, said that the finance minister's statement was misunderstood

-

- Advertisment -

Subscribe to our newsletter

You will get all our latest news and articles via email when you subscribe

The email despatches will be non-commercial in nature
Disputes, if any, subject to jurisdiction in New Delhi

New Delhi: Union Transport Minister Nitin Gadkari on 11 September defended the statement made by Finance Minister Nirmala Sitharaman on the slowdown in the automobile sector. Nitin Gadkari, defending her, said at an event that Sitharaman’s statement was misunderstood.

Earlier, Nirmala Sitharaman had said on Tuesday that the new generation preferred to use services like Ola and Uber instead of paying EMIs for new cars.

The transport minister said, “There have been many reasons for the continuous decline in the automobile industry in the last few months. For example, the growth in sales of e-rickshaws has led to lower sales of general auto-rickshaws.” Apart from this, the minister said that the improvement in public transport across the country had been a reason for the slowdown.

The automobile sector had sought help from the central government to overcome the recession in recent times. The automobile industry demands that GST be reduced from 28% to 18%. On this, Gadkari said that any decision on GST would be taken by the GST Council.

The transport minister said, “I am confident that Sitharaman ji will talk to the states to reduce GST. The ball is in the court of the Finance Ministry.” Earlier, Nirmala Sitharaman had declined to comment on a question on GST at the conference yesterday. She just said that she alone could not decide on GST.

The finance minister had given the media details of the government’s work on completion of 100 days of the second term of the Narendra Modi government. She had assured the people through the media that the central government would consider the demands of the automobile sector facing the biggest recession in two decades. Nirmala Sitharaman said that the Finance Ministry had already considered some suggestions in the automobile sector. Some other suggestions would be discussed further, she had said.

1 COMMENT

Leave a Reply

Opinion

Anil Ambani: From Status Of Tycoon To Insolvency

Study the career of Anil Ambani, and you will get a classic case of decisions you ought not take as a businessman and time you better utilise

तवलीन सिंह, यह कैसा स्वाभिमान?

‘जिस मोदी सरकार का पांच साल सपोर्ट किया उसी ने मेरे बेटे को देश निकाला दे दिया,’ तवलीन सिंह ने लिखा। क्या आपने किसी क़ीमत के बदले समर्थन किया?

Rafale: One Embarrassment, One Snub For Opposition

Supreme Court accepts Rahul Gandhi's apology for attributing to it his allegation, rejects the review petition challenging the Rafale verdict

Guru Nanak Jayanti: What First Sikh Guru Taught

While Guru Nanak urged people to 'nām japo, kirat karo, vand chhako', he stood for several values while he also fought various social evils

Muhammed Who Inconvenienced Muslims

Archaeologist KK Muhammed had earlier got on the nerves of the leftist intelligentsia for exposing their nexus with Islamic extremists
- Advertisement -

Elsewhere

Anil Ambani: From Status Of Tycoon To Insolvency

Study the career of Anil Ambani, and you will get a classic case of decisions you ought not take as a businessman and time you better utilise

Agni II hits target in the dark of the night for the first time

The trajectory of Agni II was monitored with state-of-the-art radars, telemetry monitors, electro-optic equipment and two naval vessels

Citizenship Amendment Bill in Parliament on Monday?

With the citizenship amendment bill, the government wishes to rectify the errors and omissions of the NRC that excluded nearly 20 lakh people in Assam

Elephants endangering humans, biz of Chhattisgarh discom

While elephants kill 2 people on an average in Chhattisgarh every week, the herds have also cost the State discom Rs 1,674 crore in 18 years

Dalit worker in Punjab succumbs to barbaric attack

The attackers thrashed Jagmel Singh, a construction worker and Dalit, with rods, plucked his flesh with pliers and forced him to drink urine

You might also likeRELATED
Recommended to you

For fearless journalism

%d bloggers like this: