Thu Sep 04 18:00:48 UTC 2025: Okay, here’s a summary and a news article based on the provided text:
**Summary:**
Former Finance Minister P. Chidambaram of the Congress party stated that recent GST rationalization efforts are positive but should have been implemented eight years ago.
**News Article:**
**Chidambaram: GST Rationalization ‘Welcome, But Eight Years Too Late’**
New Delhi: Former Union Finance Minister P. Chidambaram of the Congress party has criticized the timing of the Goods and Services Tax (GST) rationalization, calling it “welcome” but lamenting that it is “eight years too late.” Chidambaram, who previously oversaw the finance portfolio, made the statement today. While he acknowledged the positive aspects of the GST reform, he suggested that the benefits could have been realized much earlier with more timely implementation. The Congress party has been a vocal critic of the government’s handling of the economy and GST implementation.
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