Nirmala Sitharaman Finance Minister said that the Central government was not reneging from its responsibility on GST compensation and the issue will be discussed in Goods and Services Tax (GST) council meeting.
Replying to the debate on the supplementary demands for grants for 2020-21 in the Lok Sabha, Sitharaman accused the opposition of trying to manpulate her ‘Act of God’ remark.
The finance minister presented the The Supplementary Demands for Grants for 2020-21 and The Demands for Excess Grants for 2016-17 bills which were passed by the Lok Sabha.
She said the Centre has taken many steps to protect the interest of states and India’s forex reserves have surged to a high of USD 537 billion, which is 19-month equivalent of imports.
She said, “Many people spoke on the GST compensation issue and my statement of Act of God was referred several times. I am happy about that. People like using Latin expression like force majeure, for expressing extraordinary situations. But a simple woman finance minister saying the Act of God is taken sarcastically. What is this sir?”
She further added, “I like this condescension.”