GST rollout: Here is the minute-to-minute schedule of the launch event

GST rollout: There are nearly 600 people who have been invited for the event, including all members of Parliament and GST officials.

By: Express Web Desk | New Delhi | Published:June 30, 2017 8:56 pm
gst rollout, gst launch, midnight session of parliament, how to watch gst launch, where to watch gst launch, india news, indian express GST rollout: The GST will be launched in the Parliament’s Central Hall, in the presence of President Pranab Mukherjee, Vice President Hamid Ansari, chief ministers of all states, Speaker Sumitra Mahajan and MPs of both houses of Parliament. (File Photo)

The Goods and Services Tax (GST), which comes into effect from midnight, will be launched at 12.00 am by Prime Minister Narendra Modi in the presence of President Pranab Mukherjee, Vice President Hamid Ansari, chief ministers of all states, Speaker Sumitra Mahajan and MPs of both houses of Parliament. It will be launched in the Parliament’s Central Hall. The tax regime, which was initiated by the UPA government, will replace the current indirect taxation system and unify the country’s $2 trillion economy into one single market.

There are nearly 600 people who have been invited for the event, including all members of Parliament and GST officials. However, many Opposition leaders have decided to boycott the event, given its hasty implementation. While former prime minister HD Deva Gowda is expected to attend the event, Manmohan Singh, who was specially invited for the launch, has decided to give it a skip. Opposition parties like the Congress and its ally DMK, the Left, TMC and RJD are all boycotting the event. The JD(U), which supports the tax reform, has left the decision up to its MPs.

Here is the minute-to-minute programme leading up to the launch of the GST:

2300 hrs: President Pranab Mukherjee will arrive in the Parliament’s Central Hall.

2301 hrs: National Anthem to be played for one minute.

2302 hrs: Finance Minister Arun Jaitley to make introductory remarks in the Parliament.

2305 hrs: A 10-minute presentation film on GST.

2315 hrs: A 23-minute address by Prime Minister Narendra Modi.

2338 hrs: A 22-minute address by President Pranab Mukherjee.

0000 hrs: Launch of GST.

0003 hrs: Minister of Parliamentary Affairs Ananth Kumar to announce the closure of event.

0004 hrs: National Anthem to be played for one minute.

0005 hrs: President Pranab Mukherjee leaves signifying the conclusion of function.

Meanwhile, Samajwadi Party has agreed to attend the special midnight meeting on GST. Keeping reservations about the GST law that is set to come into effect at midnight, SP leader Naresh Agrawal on Friday said, “We oppose GST, it’s a black law but since President will attend launch we will go as we do not want to create controversy.”

On the other hand, India Inc has hailed the rollout of the GST, saying it will give huge momentum to the country’s economy and tempt global businesses to invest in India.

“The medium-term impact of GST on macroeconomic indicators is expected to be extremely positive. Inflation will be reduced as cascading of taxes will be eliminated. Tax revenues of the government would go up with expanded tax net, and fiscal deficit would remain under control. Further, exports would emerge as more competitive in global markets, while FDI is likely to be encouraged,” CII Director General Chandrajit Banerjee was quoted as saying by PTI.

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  1. R
    Rai Sahib
    Jul 1, 2017 at 2:30 am
    Gst launch is a biggest reform in taxation regime and it will help the nation flourish its economy, but at the same time there is some great need to make gst tax rates reduced on items of common man's consumption and simplification clarification of charglng of tax. Myself being in profession of book keeping and having interaction directly with general public have noticed a lot of confusion in the most nds of general public fearing that will be hike in rates goods and services. At the same time, I congratulate the honorable Prime Minister and his team of experts and wish success of this biggest ever regime since independence. I hope the general public will accept it whole heartedly to excel the never ending success of the nation. I salute the great nation. Jai Hind. Jai Bharat.
    Reply
  2. S
    S. S. Tiwary
    Jul 1, 2017 at 12:50 am
    From the outlines as gathered from different sources such as leading news articles on GST which rolled out in the midnight tonight, and open discussions on the tv channels economy indicators bring the audiences to the right perception that the country and its consumers ' lot will have one tax, one market, and for one country slowing down the inflation and enhancing increased FDI is an assured advantage, thus ' the Growth' in the life of the country. S. S. Tiwary
    Reply
  3. H
    Harshal korde
    Jul 1, 2017 at 12:35 am
    GST से देश मजबूत जोगा.
    Reply
  4. Y
    yoginath
    Jun 30, 2017 at 10:06 pm
    till 2014 BJP and Pradhan sewak and Mr Jaitly was opposing the GST and celebrating? Waw, what a heart full of change :-(
    Reply
  5. T
    Titu Das
    Jun 30, 2017 at 9:26 pm
    I support the GST bill.this will be the best bill for our country.....
    Reply
  6. P
    Pritam Patil
    Jun 30, 2017 at 9:16 pm
    Dear Arun Jaitley, please invite me..i ll surely come
    Reply
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