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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Midnight Tryst with GST

By N. Niranjan Nikam India will awaken to limitless possibilities as its tryst with GST begins at midnight, said Union Finance Minister Arun Jaitley, in his opening remarks. The implementation of Goods…

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Published July 1, 2017 · 4 min read
midnight tryst with gst

By N. Niranjan Nikam

India will awaken to limitless possibilities as its tryst with GST begins at midnight, said Union Finance Minister Arun Jaitley, in his opening remarks. The implementation of Goods and Services Tax is a historic occasion and watching it unfold on television channels, as the length and breadth of country will be united, was indeed a heart-warming experience. Jaitley, who began his remarks in English then switched over to Hindi. He gave a gist of what GST was all about and acknowledged the presence of former Finance Minister Yashwant Sinha during the NDA Government of Vajpayee, who of late has been vocal in his criticism of the Government. Declaring GST as a game-changer, he said that while old India was economically fragmented, the new India is a one nation, one tax country. He spoke for about 20 minutes and every time he spoke something important there was thumping of desks (an old British Parliament practice!). Then it was the turn of Prime Minister Narendra Modi, who as usual spoke in Hindi, recalled the tryst with destiny’s first date when the first meeting of the Constituent Assembly took place in the very Constitution Hall on December 9, 1946. The second meeting was on the midnight of August 14-15, 1947 when the first Prime Minister Jawaharlal Nehru’s famous “Tryst with Destiny,” speech was made. The third meeting Modi recalled was of November 26, 1949 when the Constitution was adopted. Modi also recalled the debate and discussions that went on during the making of the Constitution in which the ‘best brains’ with different ideologies participated and framed the Constitution. Invoking the Bhagavad Gita, Modi said that just as Gita had 18 chapters the GST Council had held 18 meetings. Even as the Prime Minister was speaking, India Today channel had the footage of the first Prime Minister Jawaharlal Nehru entering the Constitution Hall to deliver his famous speech on August 15, 1947, alongside.

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