New Delhi, April 06, 2017: Dr. Subhash Chandra, Member of Parliament, Rajya Sabha and Chairman – Essel Group today welcomed the GST Bill while addressing the Rajya Sabha for the first time.
Compilation of his tweets on GST are as follows:
- Today, I gave my maiden speech in Rajya Sabha and participated in the GST Bill debate. Here’s the video link: https://www.youtube.com/watch?v=G-cYQ5DLGxU
- I congratulate the govt, Prime Minister Shri @narendramodi ji and FM Shri @arunjaitley ji for bringing this historic GST bill
- Since independence we’ve been hearing from almost everyone that we need to work for welfare of common man and uplift the poor class
- 2000 years ago, India’s contribution to the world GDP was 32%, which came down to 4.2% in 1950
- In 1950 India’s share in world manufacturing went to as low as 1.7% & international trade during British regime fell from 20% to 1.4%
- We understand why this happened, because British wanted to rule us for a longer time and take our wealth to their country
- But 70 years after their exit have our economic conditions improved at the same rate as that of global standards?
- GDP in 1950 was 4.2% was reduced to 3.2% in 1980 and now in 2017 it has reached around 7.5%
- Manufacturing in 1950 was 1.7%, 3.2% in 1980, in 2015 it was 4% while global trade was 1.3% = 1950, 0.5% = 1980 & now 1.7%
- If we compare these statistics with the growth in India’s population then we see that since 1950 our growth has been negative
- From 2000-2015 India earned income of 2.23 trillion dollars, of which 81% wealth went to 10% of the population & 19% to the rest 90%
- Astonishingly, 58% wealth of the 154 lakh crore went to the top 1%, this clearly shows that poor became poorer and rich became richer
- GST is of course a great measure but it is just the first step, we need to do lot more to eradicate poverty from our country
- I also quoted Shri Rajiv Gandhi ji’s speech, which he made on 28 Dec 1985 during Congress Centenary celebrations
- राजीव जी में कहा था की इंदिरा जी ने ही उन्हें स्वयं कहा था की ओछापन और स्वार्थीपन ने समाज के मूल ढाँचे में दरार डाल दी है
- Smt. Indira Gandhi ji’s Bees Sutri karyakram was also a phenomenon as great as GST but the system failed her and also the revolutionary step
- We need to reduce the tax structure that will further motivate people in paying the taxes and govt can then do away with penal provisions
- Due to lack of Ease of Doing Business in our country there is lot of indirect tax that is born out of corruption, we should also address it
- In the time to come we need to think beyond GST, start a new taxation system & not just replicate the global ones
- Many leaders in the opposition candidly told me “मोदी काम तो ठीक कर रहा है, अगर वो कामयाब नहीं हुए तो कोई भी नहीं हो सकता”
- I’m thankful to Shri @naqvimukhtar and other parliamentarians for their encouragement in my first speech in Rajya Sabha
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Notes to Editors:
Dr. Subhash Chandra (DSC), Member of Parliament, Rajya Sabha and Chairman – ZEE & Essel Group
Dr. Subhash Chandra (DSC) is an independent Member of the Upper House of Parliament from the state of Haryana. He is also the Chairman of the Essel Group of Companies and is amongst the leading lights of the global media & entertainment industry. A self-made man, and a true visionary, DSC has consistently demonstrated his ability to identify new businesses and lead them on the path of success.
DSC is rightly referred to as the Media Moghul. With his pioneering vision and entrepreneurial mindset to achieve growth, he revolutionized the television industry by launching the country’s first satellite television channel – Zee TV in 1992 and later the first private news channel, Zee News. ZEE as a brand today, has achieved a global recognition, reaching over 1 billion viewers in 171 countries offering a rich bouquet of channels in India and internationally in general entertainment, lifestyle, movies, English and regional genres and alternative lifestyles. Aiming to achieve five times viewership growth and four times growth in content consumption by the year 2020, ZEE strives to be ranked amongst the top global media brands.
DSC also shares his rich experience on the Dr. Subhash Chandra (DSC) Show, which is watched by millions of viewers across the country. With this popular show, he is now a guiding force for the youth of the nation, enriching and empowering their lives.
For his contributions to the industry, DSC has been awarded the 2011 International Emmy Directorate Award at their 39th International Emmy Awards night in New York. DSC became the first Indian ever to receive a Directorate Award recognizing excellence in television programming outside the United States. For DSC’s immense contribution to the socio–economic wellbeing, the Canada India Foundation recognized him with the Global Indian Award.
DSC has made his mark as an influential philanthropist in India. He has set up TALEEM (Transnational Alternate Learning for Emancipation and Empowerment through Multimedia) to provide access to quality education. He is also the Chairman of Ekal Global — a movement to eradicate illiteracy from rural and tribal India. The Foundation provides free education to over 1.4 million tribal children across more than 54,000 villages through one-teacher schools. He is the moving force behind the Global Vipassana Foundation — a trust set up to help people raise their spiritual quotient. DSC is also the Founder Chairman of Global Foundation for Civilization Harmony (India) (GFCH), an Eastern initiative for conflict avoidance and a partner of the United Nations Alliance of Civilization (UNAOC). The founder patrons of GFCH include His Holiness Dalai Lama and late former President of India Dr. A.P.J. Abdul Kalam, among others.
(Official Twitter Handle – @subhashchandra)
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