23 April, 2021

One Year Of GST: Too Much Grind For The Motors

Coimbatore, the hub of small industries, continues to reel under GST’s impact

Shaken Up
A Coimbatore pump manufacturer in his workshop
Photograph by G.C. Shekhar
One Year Of GST: Too Much Grind For The Motors
outlookindia.com
2018-06-22T16:39:20+05:30

Going by PM Modi’s yardstick, selling pakodas is a job and S. Krishnakumar should easily qualify as employed: he runs a roadside eatery in Coimba­tore, Tamil Nadu. But the eatery has been a demotion of sorts for Krishnakumar. He used to run a lathe workshop that manufactured parts for motor pumps. It also emp­loyed six people. But he had to send them away as his unit folded up. He has only one villain to blame for his present travails—GST.

READ ALSO: One Year Of GST: GST Or GSTN’T?

“Before GST, we had steady orders of parts from pump makers. But they started dwindling after the tax came into place,” Krishnakumar tells ­Outlook. “Unless we get job orders for a minimum of Rs 2,000 a day, we cannot pay our workers. The orders came down to a trickle before dying down. Almost all small industries are in the doldrums,” he...

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