Dr Subramanian Swamy seeks complete stay on GSTN operations
Dr Subramanian Swamy, a member of Parliament (MP) and leader of Bharatiya Janata Party (BJP) has requested Prime Minister Narendra Modi to stay operations of Goods and Service Tax Network (GSTN). 
 
Dr Swamy, in a letter says, "...the GSTN, which is a data processing and tax revenue collection private limited company, which was never security cleared by the Home Ministry, whose clearance is mandatorily required. I strongly urge you to therefore to direct the complete stay of all operations of the presently constituted GSTN and that it remains in operational till it is reconstructed according to our national interest and after security certification by the Home Ministry."
 
The BJP leader also accused certain officials from the Ministry of Finance and the Chairman of GSTN of telling the media that the entity as constituted will continue without hindrance. 
 
Arguing that the department of electronics and the finance ministry are fully capable of handling GST data, Dr Swamy says "...in effect, GSTN (with the current shareholding) is foreign controlled" and hence, needs to be restructured in national interest. 
 
The central government holds 24.5% stake in GSTN while state governments together hold another 24.5%. The balance 51% equity is with non-government financial institutions like HDFC Bank, HDFC Ltd, ICICI Bank, NSE Strategic Investment Corp and LIC Housing Finance Ltd.
 
Here is the letter sent by Dr Swamy to the Prime Minister...
 
 
 
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    COMMENTS

    Suketu Shah

    4 years ago

    It seems what we know is a small fraction of what we donot know of GSTN.The determination of Dr Swamy on this matter and his tweets clearly indicate this was possibly the biggest scam ever which would have sold our country in 5 yrs time economically.On this point alone,Dr Swamy urgently needs to replace current FM.GSTN is much more serious than it seems.How shocking it is to see Infosys involved in this as well.

    R Balakrishnan

    4 years ago

    Privatisation is a better option than trusting government babus to do this work. As regards ownership, the GOI can always put conditions. And yes, CAG is a good suggestion, on the presumption that the CAG has the capabilities to delve in to all this. The problem with being govt run is that it will be corrupt. Interesting debate, but I do not see any national security or secrets in this- GST should be a publicly available data .

    REPLY

    Nilesh KAMERKAR

    In Reply to R Balakrishnan 4 years ago

    Sir, Inside every HDFC, a Satyam is dormant, no?

    R Balakrishnan

    4 years ago

    Privatisation is a better option than trusting government babus to do this work. As regards ownership, the GOI can always put conditions. And yes, CAG is a good suggestion, on the presumption that the CAG has the capabilities to delve in to all this. The problem with being govt run is that it will be corrupt. Interesting debate, but I do not see any national security or secrets in this- GST should be a publicly available data .

    Nilesh KAMERKAR

    4 years ago

    Those who were against Dr. Swamy when he spoke/wrote against RRR . . . will surely start liking Dr. Swamy for what he is doing.

    It is just amazing how much single handedly he can achieve. . .

    Suketu Shah

    4 years ago

    During Dr Swamy's recent visit to USA,Boston community explained to him how via GSTN to private companies they were going to thoroughly expkoit India stock market.This speaks about hos intensely seriously this GSTN issue is and no one except Dr Swamy has highlighted this.What is the FM doing -he wasnt even aware of this?

    Suketu Shah

    4 years ago

    If it wasnt for Dr Swamy India would have been sold to Goldman Sachs via GST.What is our FM doing-he didnot even know this about GSTN?No wodner since Dr Swamy has become MP,things have improved drastically at the top political level.

    Simple Indian

    4 years ago

    While the issues raised by Dr. Swamy in his alleged letter to PM Modi are genuine concerns which many Indians would share, the typos and bad grammar in the letter indicates it may be a fake letter. Moreover, it is surprising that much of media is silent on this issue, perhaps due to the all-powerful FM Arun Jaitley being at the helm of affairs on GST project of GoI. Will PM Modi take cognizance of such letters and act ?

    Parimal Shah

    4 years ago

    Though this man may have been responsible for many unusual comments this one is certainly important and the Finance Minister MUST take note of it and act accordingly to put things in proper order.

    MG Warrier

    4 years ago

    One wonders whether Swamy doesn't have any access to BJP forums or PMO to share his brilliant ideas on current issues. Shooting out letters to PM and sharing the same with media doesn't make much sense, because if Swamy is not able to convince his own men, what we can do by reading his letters?

    SRINIVAS SHENOY

    4 years ago

    What do you think?... Write your comments. I am of the opinion that the objections to the implementation of GSTN, if any should normally have been made at the initial stages.

    REPLY

    MG Warrier

    In Reply to SRINIVAS SHENOY 4 years ago

    That is the "Swamy way" of doing things. Poor Swamy isjusttrying to get some media space...

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