It was a great error to support GST, Mamata

Mamata Banerjee, the chief minister of West Bengal, said on Tuesday that her party had made a serious error in supporting the adoption of the Goods and Services Tax (GST).

"With the introduction of the GST, the Center has been stealing all the money. Supporting it was a grave error. We believed that the states would gain from this. But, all of the central monies have now been blocked, she said.

The Finance Commission's formula is used by the Centre to determine how much money to provide to each state. The panel concluded that 41% of the taxes that the Center collects would go to the states.

Banerjee was speaking during a function held to kick off the Pathashree-Rastashree project, which intends to repair and build more than 12,000 km of rural roads spanning 30,000 villages in 22 districts over the course of the next five months.

The state's key panchayat election, which is seen as a litmus test for all political parties before the 2024 Lok Sabha election, is anticipated to take place in the coming months. Poor village roads account for a substantial portion of the complaints that the office of the chief minister and the Trinamool Congress party receive.

On March 29 at noon to March 30 at dusk, Banerjee will stage a sit-in protest next to the statue of BR Ambedkar in Kolkata to call for the disbursement of federal funding for different social programs.

I'm going to start doing sit-in protests tomorrow. The Centre must make money available. They must also explain why democracy is being suppressed, the woman said.

GST went into effect on July 1, 2017. The TMC had backed the implementation of the new tax system.

"The panchayat election is coming up, and the TMC, which has lost support from the general populace, remains silent. She says things like this for that reason. She is one of the largest GST beneficiaries, according to BJP spokesman Samik Bhattacharya.