English rendering of the Preliminary text of PM’s address at the launch Goods & Service Tax from Central Hall of Parliament

English rendering of the Preliminary text of PM’s address at the launch Goods & Service Tax from Central Hall of Parliament
GST
Dated:- 1-7-2017

Honourable President, Respected Vice President, Madam Speaker of Lok Sabha, our Former Prime Minister Shri Devegowdaji, Members of the Council of Ministers, all the other members of the House, and the esteemed conglomerate gathered here representing diverse sectors.
In the process of nation building, we often arrive at a moment which leads us to a path breaking juncture and opens up a plethora of opportunities imploring us to aspire for new dreams. At the stroke of the midnight hour today, together we shall ensure a pioneering future of the nation.
Within a few moments from now, our nation will embark upon a new economic regime. The entire 1.25 billion citizens of the country are a witness to this historical event. I do not believe that this process of GST is restricted to the scope of economy only. This momentous occasion st

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

ber, 1946 when this same Central Hall witnessed the first meeting to discuss the country's Constitution. Today we share the same place of pride. The front seats of this hall were ordained by the iconic national heroes like Pandit Jawaharlal Nehru, Maulana Abul Kalam Azad, Sardar Vallabh Bhai Patel, Baba Saheb Bhimrao Ambedkar, Acharya Kripalani, Dr. Rajendra Prasad, Sarojini Naidu.
The same House which once on 14 August, 1947, at the stroke of the midnight hour, witnessed the most pious moment of the nation attaining freedom! On 26th November, 1949, this House stands as a testimony to the historical event when the Constitution was accepted by the nation.
Several years later, this House shall once again go down in the annals of history as there couldn't have been a more anointed venue than this for the launch of one of the biggest strength of Federal structure, the GST Reform.
Between many a great debates, agreements and disagreements, chalking a new path, adopting the middle path wh

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

unanimously contributed to ensure welfare of the poor class. Arun ji has acknowledged the contribution of all of them who walked the talk along with the government. My hearty congratulations to all who led this movement towards this milestone!
All states are slated to gain immensely as they shall now get equal opportunities of development.
GST is in a way is like our railways with state and Centre playing equal role in its operations. While it receives regional support at the state level, yet it is representative of the “Indian Railways”. The Central Service officers are deputed all over the states and they align the state with the vision of the Centre.
GST is the first of its kind system in the country when both Centre and State shall be putting consolidated efforts in the same direction. We shall be proud of this wonderful system for generations to come as GST is a landmark achievement which is bound to take the nation towards exponential growth.
Today, GST Council had its 18th

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

nce and hard work. Can we imagine, when we became independent there were more than 500 Princely states. If it was not for Sardar Vallabh Bhai Patel to integrate these Princely states, what would have been the political map of India today? Just as Sardar Vallabh Bhai Patel unified India by helping several princely states subsume into a common entity, the GST will bring economic unification. If we take into consideration the 29 states, the 7 Union Territories, the 7 taxes of the Centre and the 8 taxes of the states, and several different taxes for different commodities, the number of taxes sum up to a figure of 500! Today all those taxes will be shred off to have ONE NATION, ONE TAX right from Ganganagar to Itanagar and from Leh to Lakshadweep.
Once Albert Einstein, an eminent scientist had said that the most complex thing to understand in this world is Income tax. I was wondering if he was present here then how he would have reacted looking at the plethora of taxes. And we have seen th

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

at causes damage to the environment as well. Now we will be free from of all those troubles as the entire country will have a similar tax structure. Sometimes certain items, especially the perishable ones that were supposed to reach their destination in time, were delayed because of the time taken for processing; and it resulted in losses at both ends. Today we are getting rid of all that. The country is moving a step forward towards a modern taxation system. This is a system that is simpler, more transparent. It will help us curbing black money and corruption and reward honesty. It will generate interest and enthusiasm to do business honestly. It will bring in a new culture of governance. We have all lived tax terrorism and inspector raj. Today, due to the transparency of GST, due to technologically proven trial, grey areas are ending. GST has an inherent strength of eliminating the possibility of ordinary businessmen being harassed by the officers. Traders with a turnover up to &#837

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

t starting anything new, whether it will work out or not. For example when for the first time class 10th and 12th results went online, the system hung. The next day the focus of the news was this very issue. Even today we hear about such issues.
It is true that everyone is not tech-savvy. However, if any household has a class 10th-12th student, he would definitely know about technology. GST is so simple that a class 12 student can help merchants file returns.
I request those who have fears to dismiss them. You get your eye check-up done by your regular doctor. He gives you power for your eyes. You get the spectacles made. When you get those spectacles, it takes 2-3 days to get adjusted. The crux of the story is that even then the eyes need to adjust to new spectacles. Similarly, if we try to adjust to the new system we will definitely be able to integrate ourselves with it. It is time to stop the rumour bazaar. It is a time we concentrated on the development and for the betterment of

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

, the central and the state governments will work together towards the same direction. This is an example of – 'Ek Bharat Sreshtha Bharat'. Its impact will be appreciated by the forthcoming generations with a great pride.
In 2022, India will celebrate the Diamond Jubilee year of achieving Freedom. We have embarked upon a journey to create a New India. The New India which is the dream of our 1.25 billions Indians!
Therefore Ladies and Gentlemen, GST shall play a key role in helping us build the India of our dreams. The last verse of Lokmanya Tilak's “Gita Rahsaya” ideally encapsulates the essence of the way the GST team has strived to achieve it.
The verse from the Rigveda continues to inspire us till today. It says
सवाणिवाह: आकृति: समाना रुदयनिवाह:
समान वस्‍तु &#23

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

f taxation, Simple because it is uniformly implemented pan India. There will be “one nation, one tax” and tax system shall be executed in a standard manner in all the states. I am sure that we all will be able to take it forward in a unified manner.
On this momentous occasion, I wish to acknowledge the role of the Honourable President who anchored the project concomitantly. He has astutely engaged himself at every stage of the designing of this taxation reform and steered the team with his invaluable contribution towards this historical day. His inspiration kept everyone enthused throughout the journey. I am deeply indebted to him for his guidance and his august presence during the launch event of GST. With new vigour and fervour we shall take the nation towards exemplary economic development.
With these feelings, I once again extend my gratefulness to all who were a part of this initiative and request the Honourable President to guide us further from here.
News – Press release –

= = = = = = = =

Plain text (Extract) only
For full text:-Visit the Source

= = = = = = = =

Leave a Reply