After GST bill, RBI rate cut remains: FICCI

New Delhi, Dec 23: With the tabling of the Goods and Services Tax (GST) Bill in parliament, only a rate cut by the RBI remained for satisfying industry's demands, FICCI president Jyotsna Suri said Tuesday. "The GST bill has been introduced in the Lok Sabha. Now, the cutting of interest rates by the Reserve Bank of India (RBI) remains. Between both these covers lie almost everything major that the Indian industry has been looking at," Suri told IANS here. Suri, who is the chairperson of Bharat Hotels, pointed out that her election was a landmark being only the third woman to head a major industry chamber in "over 200 years of combined history of FICCI (Federation of Indian Chambers of Commerce and Industry) and CII (Confederation of Indian Industry)". Regarding the GST, she pointed to the agenda for industry by Finance Minister Arun Jaitley at the FICCI annual general meeting last week, when he urged building up public opinion in states for passing the law on reforming India's indirect tax system.