Premium
This is an archive article published on March 4, 2015

Jailtey: Opposition may use land Bill for political battle

The legislations on coal and minerals, he said, will be carried through “relatively easy” because they are “logical and rational”.

An unidentified woman takes a selfie with Arun Jaitley at Columbia University in New York, Monday. An unidentified woman takes a selfie with Arun Jaitley at Columbia University in New York, Monday.

Finance Minister Arun Jaitley has acknowledged that the government may be bracing for a “political battle” on the land Bill in Parliament but is confident that the insurance law will get “through”. The legislations on coal and minerals, he said, will be carried through “relatively easy” because they are “logical and rational”.

With the government facing problem with numbers in the Rajya Sabha, he feels that there is an “obvious obstacle” when it comes to reform measures that require legislative approval.

“While there are not many serious obstacles, one obvious obstacle is that those steps which require legislative approval… some of them will have to go through a procedure while some of the bills will be carried relatively easily because they are rational and logical bills,” he said addressing students and faculty at Columbia University here.

Story continues below this ad

He was replying to a question on what obstacles he sees in implementing economic reforms and measures. On the land Bill, Jaitley said, “I think they may want to use it for a political battle. Therefore, you will have to go through the whole Parliamentary process.”

The government has introduced a Bill to replace an ordinance promulgated last year making changes to the Land Acquisition Act passed during the UPA regime in 2013 ahead of the last year’s Lok Sabha elections. With political parties making clear their opposition, the Prime Minister said the government was ready to make some changes in the interest of farmers.

On the other bills to replace ordinances, Jaitley said some bills, including on coal and minerals, will be carried relatively easy because these are “rational and logical”. No one can oppose auction and say first-come-first-serve basis is the best for distribution of natural resources, he said.

Stay updated with the latest - Click here to follow us on Instagram

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Loading Taboola...
Advertisement