Top Industrialists urge Opposition not to block Economic Reforms

As the Parliament blockade continues unabated, the India Inc. is completely worried. Top Industrialists of India signed an online petition and urged the MPs to allow the Parliament to run so that key reforms, including GST Bill are passed. “It is necessary that both Houses be allowed to “function, debate and legislate” on proposals like the Goods and Services Tax (GST),” said the petition.

“Street demonstrations against the Chair of the Lower House are of unprecedented scale. The Lower house is without some opposition members. The upper house is perpetually adjourned,” the petition says.

Over 15,000 people, including industry captains like Sunil Munjal, Adi Godrej, Kiran Mazumdar-Shaw, Rahul Bajaj, Anu Aga, Ajay Sriram, Sumit Mazumder and Kris Gopalakrishnan. signed the petition. Congress, JD(U) and Left leaders have opposed the move, saying it’s a pressure tactic by the industry to help the Government and malign the Opposition.