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Parliament Updates: Lok Sabha clears Banking Regulation (Amendment) Bill; House adjourned until three pm tomorrow – Politics News , Firstpost


Parliament LIVE Updates: The AIMIM chief questioned authorities’s selective intervention within the Yes Bank disaster however not for PMC. ‘SBI instantly flowed funds in Yes financial institution case, however not into PMC financial institution. What was RBI doing when Yes Bank occurred?’, he requested

Parliament LATEST Updates: The banking sector has confronted many giant scale frauds, BSP MP Sangeeta Azad advised the Lower House, however welcomed the Bill. Shiv Sena, too, supported the Bill saying they’re searching for a fast decision for PMC financial institution rip-off.

Congress chief’s tweet was a dig at Amit Shah who had earlier used the phrase “understand the chronology” for CAA and NRC implementation in India

Finance Minister Nirmala Sitharaman on Wednesday mentioned that previously two years, depositors of co-operative and small banks have been put to hardships, the modification is being introduced to guard the curiosity of depositors.

BJP MP from Karnataka accused ministers in Kerala govt of nepotism and alleged police brutality on protesters, together with girls, in Kannur.

Agriculture Minister Narendra Singh Tomar will even transfer two payments — The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020

DMK’s Tiruchi Siva, Samajwadi Party’s Ravi Prakash Verma and TMC’s Derek O’Brien had been among the many members from the Opposition Benches who mentioned that the response to COVID-19 was hampered as a consequence of Donald Trump’s go to to India.

O’Brien identified two contrasting photos from the pandemic – one of many solely girl Chief Minister marking social distancing circles in a bazaar and the second of a backyard and a peacock.

Citing a information report, Congress MP KC Venugopal mentioned {that a} tech firm with hyperlinks to Chinese authorities is monitoring over 10,000 Indians in its world database of overseas targets.

Congress MP Digvijaya Singh raised considerations over rising costs of oxygen in the course of the COVID-19 pandemic and absence of oxygen.

Leader of Opposition Ghulam Nabi Azad mentioned Jammu and Kashmir has seen no tourism, employment alternatives and financial actions for the reason that Abrogation of Article 370 in August 2019.

On the third day of the Parliament’s Monsoon Session, the Rajya Sabha will debate the The Salaries and Allowances of Ministers (Amendment) Bill, 2020. The Bill, which was handed by the Lok Sabha on Tuesday, lists a 30 p.c minimize within the salaries of members of Parliament for this yr in view of the coronavirus pandemic.

Health minister Harsh Vardhan will even introduce The Institute of Teaching and Research in Ayurveda Bill, 2020 and The Homoeopathy Central Council (Amendment) Bill, 2020. The Indian Medicine Central Council (Amendment) Bill, 2020 will even be taken up for consideration and passing.

Finance minister Nirmala Sitharaman will introduce The Banking Regulation (Amendment) Bill, 2020,which might carry cooperative banks beneath RBI’s ambit, within the Lok Sabha. The Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 will even be launched for consideration and passing.

Defence minister Rajnath Singh mentioned within the Lok Sabha that India is “very serious about issues of sovereignty” and the nation is ready for “all contingencies” to make sure that it’s maintained, in what was seen as a robust warning to China amid repeated transgressions on the Line of Actual Control.

The Essential Commodities (Amendment) Bill, 2020 – was additionally handed within the Lower House on Tuesday. While the Essential Commodities (Amendment) Bill 2020 seeks to decontrol meals objects, together with cereals, pulses and onion, a transfer geared toward remodeling the farm sector and elevating farmers’ earnings, the Congress described it as a direct and deliberate assault by the Centre on the farmers’ pursuits.

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