After over four years of work, rounds of deliberation, and multiple iterations, a dedicated law to ensure the data privacy of Indians will be presented for Parliament’s consideration on Thursday. If cleared, the Bill may bring in heavy penalties for digital platforms for failing to protect user data. The Digital Personal Data Protection… Continue reading Data protection bill to be tabled in parliament, experts ask for discussion
Tag: bill
Cut-off yield on 364-day Treasury bill up 7 bps as traders resist to invest
The cut-off yield on the 364-day Treasury bill has been set 7 basis points higher than the previous week. This shift occurs as traders show reluctance towards investing in short-term papers, due to uncertainty surrounding the domestic rate trajectory. The Reserve Bank of India has fixed the cut off yield on the 91-day,… Continue reading Cut-off yield on 364-day Treasury bill up 7 bps as traders resist to invest
Parliament passes Jan Vishwas Bill to promote ease of doing business
The Jan Vishwas (Amendment of Provisions) Bill, 2023 was passed by Rajya Sabha by a voice vote. (Photo: PTI) Parliament on Wednesday passed a bill which seeks to promote ease of business by decriminalising minor offences through amendments in 183 provisions of 42 Acts. The Jan Vishwas (Amendment of Provisions) Bill, 2023 was… Continue reading Parliament passes Jan Vishwas Bill to promote ease of doing business
Mines and Minerals Bill passed in RS, special focus on critical minerals
The Rajya Sabha has passed the Mines and Minerals (Development and Regulation) Amendment Bill, 2023. The Bill aims to make amendments to the Mines and Minerals (Development and Regulation) Act, of 1957. The bill has been already passed in the lower house of the parliament on July 28, 2023, and since the bill… Continue reading Mines and Minerals Bill passed in RS, special focus on critical minerals
Parliament passes amendment Bill to decriminalise biodiversity offences
Parliament on Tuesday passed the Biological Diversity (Amendment) Bill, 2023, which entails provisions for sharing benefits of biodiversity commerce with locals and also decriminalises biodiversity offences. The bill, which amends the Biological Diversity Act, 2002, was passed in Rajya Sabha with a voice vote. The Lok Sabha had cleared the legislation on July… Continue reading Parliament passes amendment Bill to decriminalise biodiversity offences
Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill
Rajya Sabha on Tuesday passed the Multi-State Cooperative Societies (Amendment) Bill 2023 which seeks to strengthen cooperatives by making their functioning more transparent, introducing a system of regular elections and prohibiting appointment of related persons. Minister of State Cooperation B L Verma moved the Multi-State Cooperative Societies (Amendment) Bill, 2023 for consideration and… Continue reading Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill
LS passes bill for fixed 50-year production lease for offshore minerals
A bill to provide a fixed 50-year production lease for offshore minerals was passed by Lok Sabha on Tuesday amid protests by the opposition over the situation in ethnic-violence hit Manipur. Replying to a brief discussion in the House, Coal and Mines Minister Pralhad Joshi said under the Offshore Areas Minerals (Development and… Continue reading LS passes bill for fixed 50-year production lease for offshore minerals
Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill
The Rajya Sabha, the Upper House of Parliament, on Tuesday approved the Multi-State Cooperative Societies (Amendment) Bill 2023. This bill introduces significant amendments to the Multi-State Cooperative Societies (MSCS) Act. These modifications aim to enhance the transparency and accountability of these cooperatives’ operations and improve their governance structures. The MSCS Act has not… Continue reading Rajya Sabha passes Multi-State Cooperative Societies (Amendment) Bill
No confidence motion from Aug 8; BJD to support govt on Delhi services Bill
The Lok Sabha has scheduled the Opposition’s no-confidence motion for debate from August 8, with Prime Minister Narendra Modi likely to respond on August 10, according to a decision by the Lok Sabha’s Business Advisory Committee (BAC) on Tuesday. This comes after Opposition members staged a walkout from the BAC meeting. On the… Continue reading No confidence motion from Aug 8; BJD to support govt on Delhi services Bill
Rajya Sabha passes Mediation Bill, 2021 to speed up proceedings to 180 days
Rajya Sabha on Tuesday passed the Mediation Bill, 2021, which halves the maximum time for completing mediation proceedings to 180 days. The bill was passed with voice vote amid a walk out by opposition members, demanding a discussion on the Manipur issue and a statement from Prime Minister Narendra Modi in the House.… Continue reading Rajya Sabha passes Mediation Bill, 2021 to speed up proceedings to 180 days