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Thursday, December 02, 2021

Parliament Highlights: Lok Sabha passes Banking Regulation (Amendment)Bill, 2020

Lok Sabha, which will start at 3 pm, will see Finance Minister Nirmala Sitharaman moving The Banking Regulation (Amendment) Bill, 2020, to be taken into consideration.

By: Express Web Desk | New Delhi |
Updated: September 17, 2020 8:46:28 am
Parliament had a long peaceful debate that day. The BJP gave up its own time to accommodate others who wanted to speak on the Bills — 33 members from all parties spoke. (File)

The Banking Regulation (Amendment) Bill, 2020 was passed in the Lok Sabha on Wednesday. The bill, moved by Finance Minister Nirmala Sitharaman, seeks to bring cooperative banks under the supervision of the Reserve Bank of India (RBI). It replaces an ordinance the Union Cabinet had approved in June. “We are trying to bring this amendment to protect the depositors. As in some unfortunate situation in banks, depositors are put to hardship,” said Sitharaman.

Earlier today,  Congress leader Anand Sharma questioned Union health minister Harsh Vardhan’s claim that the lockdown prevented approximately 14 to 29 lakh COVID-19 cases and 37,000-78,000 deaths in the country and asked the government to explain the basis of the claim. “Yesterday, the health minister said that this decision (lockdown) prevented approximately 14 to 29 lakh COVID-19 cases & 37,000-78,000 deaths. The house must be informed what is the scientific basis on which we’ve reached this conclusion,” Sharma said in Rajya Sabha.

Parliament Wednesday passed a bill to accord the status of an institution of national importance to a Jamnagar-based cluster of Ayurveda institutes. The Bill – ‘The Institute of Teaching and Research in Ayurveda Bill, 2020′ – was passed by a voice vote in Rajya Sabha.

Lok Sabha, will see Agriculture Minister Narendra Singh Tomar will move two bills — 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.

On Tuesday, Defence Minister Rajnath Singh addressed the Lok Sabha on the border tensions between India and China, during which he said till now, there has been no mutually acceptable solution between the two countries. “China doesn’t recognise the traditional and customary alignment of the boundary. We consider that this alignment is based on well established geographical principals,” he said.

This time, the Parliament session is being held amid strict social distancing protocols due to the coronavirus pandemic.

Live Blog

Parliament Monsoon Session LIVE updates: Bills for consideration in Lok Sabha today: The Banking Regulation (Amendment) Bill, 2020, 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.

19:31 (IST)16 Sep 2020
Lok Sabha Adjourned till 3 PM tomorrow

The Lok Sabha has been adjourned till 3 PM tomorrow 

19:30 (IST)16 Sep 2020
The Banking Regulation (Amendment) Bill, 2020 passed by Lok Sabha

The Lower House on Wednesday passed the The Banking Regulation (Amendment) Bill, 2020.

19:27 (IST)16 Sep 2020
Changes in Banking Regulation Law for Improving Governance in Cooperative Banks

Finance Minister Nirmala Sitharaman said amendments to the banking regulation law seeking to extend the supervision of RBI to cooperative banks are aimed at improving their governance and protecting depositors' money. Moving the Banking Regulation (Amendment) Bill, 2020 in the Lok Sabha, Sitharaman said the government was compelled to come out with an ordinance during the lockdown period as the condition of the cooperative banks was "grave".

18:59 (IST)16 Sep 2020
Rajnath Singh to Address RS on China Issue Tomorrow

Defence Minister Rajnath Singh will address the Rajya tomorrow, issuing a statement on the border tussle with China at 12 noon.

16:04 (IST)16 Sep 2020
Nirmala Sitharaman moves Banking Regulation (Amendment) Bill, 2020 in LS

Finance Minister Nirmala Sitharaman moves 'The Banking Regulation (Amendment) Bill, 2020,' for consideration. Sitharaman said that this bill is being brought in to protect the depositors interest.  

16:00 (IST)16 Sep 2020
Release fishermen held in Pakistan: BJP MP Lalubhai Patel

During the zero hour, BJP MP from Daman and Diu Lalubhai Patel raised the issue of Indian fishermen held in Pakistan. He urged the Mininstry of External Affairs to speak with Pakistan to start the process to bring back these fishermen. " Today, 270 Indian fishermen & around 1200 boats belonging to Gujarat, Maharashtra, Daman and Diu, are held by Pakistan. I request EAM to speak to Pakistan to start the process to bring back these fishermen," he said. 

15:43 (IST)16 Sep 2020
Leadership in Kerala like North Korea: Tejasvi Surya

BJP's Tejasvi Surya mentioned the gold smuggling scam in Kerala and accused ministers in the government of nepotism. He further alleges police brutality on protesters, including women, in Kannur. Surya also compared the leadership in Kerala with that of North Korea. 

15:02 (IST)16 Sep 2020
Lok Sabha proceedings resume

Lok Sabha proceedings resume. Speaker Om Birla in the Chair. 

14:56 (IST)16 Sep 2020
Assam Congress MPs stage protestto save two paper mills of the state
14:15 (IST)16 Sep 2020
No infiltration along Sino-Indian border in last 6 months: Govt tells RS

The government on Wednesday said there has been no infiltration along the Sino-Indian border in the last six months, while 47 infiltration bids have been reported along the Indo-Pak border during the period. The Union Home Ministry also informed the Rajya Sabha that 594 attempts of infiltration into Jammu and Kashmir by Pakistani militants have been reported in the last three years, of which 312 were successful.

"No infiltration has been reported along Indo-China border during last six months," Union Minister of State for Home Nityanad Rai said in a written response to a question.

Replying a separate question, Union Minister of State for Home G Kishan Reddy said 582 terrorists were killed in Jammu and Kashmir by security forces in last three years, while 46 terrorists were arrested during the period. As many as 76 army personnel were also killed in Jammu and Kashmir from 2018 till September 8 this year, he said. (PTI)

13:13 (IST)16 Sep 2020
Rajya Sabha adjourned till 9 am tomorrow

Rajya Sabha has been adjourned till 9 am tomorrow. Now the Lok Sabha will convene at 3 pm. Stay tuned to our LIVE blog.

13:11 (IST)16 Sep 2020
All three farm sector bills brought by Modi govt far-sighted: Nadda

BJP president J P Nadda says, "All three farm sector bills brought by Modi govt far-sighted, will boost agricultural production, bring investment. These farm sector bills will help farmers get better prices for their produce through a transparent system. Congress' opposition to bills nothing but politics, its manifesto had promised to do what Modi govt is doing through these bills. We have spoken to Akali Dal, addressed its concerns on farm sector bills."

13:09 (IST)16 Sep 2020
Three Bills will help increase investment in the agriculture sector: Nadda

BJP national president JP Nadda says, "Three Bills before Parliament, keeping in mind farmers' welfare - Essential Commodities (Amendment) Bill, Farmers' Produce Trade & Commerce (Promotion and Facilitation) Ordinance & Farmers (Empowerment and Protection) Agreement on Price Assurance Ordinance. These Bills are very far-sighted. They are in the process of being passed as Acts in the Parliament. These Bills will rapidly increase the price of produce of the farmers. These Bills will also help increase investment in the agriculture sector."

12:43 (IST)16 Sep 2020
Congress members raise in RS reports of data mining by Chinese firm

Congress members in Rajya Sabha on Wednesday expressed concern over The Indian Express report that suggested tracking of over 10,000 prominent Indian individuals and organisations by a Chinese technology company and asked the government whether it has taken note of the matter.

After the issue was raised by two Congress members, K C Venugopal and Rajiv Satav, during the Zero Hour, Rajya Sabha Chairman M Venkaiah Naidu asked the Minister of Parliamentary Affairs to take note of it and inform the minister concerned. "I would like to invite the attention of this House through you Chairman, a shocking news which is related to national security and privacy of Indian citizens," Venugopal said.

He said the Indian Express has reported that a Shenzen-based technology company with links to the Chinese government, and the Chinese Communist Party, is tracking over 10,000 Indian individuals and organisations in its global data base of foreign targets. "This includes...very shocking, the President of India also you the Vice President of India, the Prime Minister of India and the opposition leaders, including Congress President, Chief Ministers, MPs, army chief, and industrialists," Venugopal said.

12:42 (IST)16 Sep 2020
No central data on death, injury to people during lockdown enforcement: Govt in RS

The Centre on Wednesday said it has no data on death or injury caused to people in enforcing the countrywide lockdown to contain the spread of coronavirus. Union Minister of State for Home G Kishan Reddy's written reply in Rajya Sabha came in response to Congress leader Mallikarjun Kharge's question in this regard.

"Data pertaining to complaints and cases registered, First Information Report (FIR) regarding harassment, injury, death of individuals in enforcing the COVID-19 lockdown across the country is not maintained centrally," Reddy said.

The minister also said police and public order are State subjects as per 7th schedule of the Constitution of India. Hence, the actions are taken by the respective State governments, he said.

12:41 (IST)16 Sep 2020
Shiv Sena backs Jaya Bachchan for standing up for Bollywood

Meanwhile, the Shiv Sena on Wednesday came out in support of Rajya Sabha MP and veteran actor Jaya Bachchan for slamming those who claimed there was a problem of drug addiction in the film industry. "Those who make such claims are hypocrites and their statements smack of double standards," the Shiv Sena said in an editorial in party mouthpiece 'Saamana'.

Bachchan on Tuesday criticised those tarnishing the image of the film industry. Her remarks came a day after BJP's Lok Sabha MP and Bhojpuri actor Ravi Kishan said there was a problem of drug addiction in the film industry. Supporting Bachchan's stand, the Marathi daily said, "A doping test should be conducted on those who claim that all artists and technicians in the film industry are under the influence of drugs."

12:03 (IST)16 Sep 2020
Over 30 vaccine candidates supported, 3 in advance trials, 4 in advanced pre-clinical stage: Govt

The government on Wednesday said more than 30 vaccine candidates for coronavirus have been supported, and three of them are in advance stages of trials now, while four are in advanced pre-clinical development stage. Union Minister of State for Home Nityanand Rai also told the Rajya Sabha that 13 clinical trials of repurposed drugs have been undertaken to build a portfolio of therapeutic options for COVID-19 patients. "More than 30 vaccine candidates have been supported which are in different stages of development, 3 candidates are in advanced stage of Phase I, II, III trials and more than 4 are in advanced pre-clinical development stage," he said. Rai said a national expert group on vaccine administration for COVID-19 was constituted on August 7, under the NITI Aayog.

11:55 (IST)16 Sep 2020
BJP responds to Congress, says states were consulted numerous times, none opposed lockdown

Responding to Sharma's remark, BJP MP Vinay Sahasrabuddhe says he was hoping Anand Sharma would give some policy suggestions since the Congress is in power in over three States. On the implementation of lockdown remark by Sharma, Sahasrabuddhe says that the Chief Ministers of States were consulted numerous times during the decision-making process.

"None of the Chief Ministers in about 15 meetings with the PM and other Ministers ever said the lockdown shouldn't be opposed. This double-faced behaviour of the Opposition should be avoided."

11:53 (IST)16 Sep 2020
Govt should speak to States about improving public health system: Anand Sharma

Anand Sharma asks the government to speak to the States about improving the public health system. "70% of ICU beds are in the private sector. The government should have coordinated with the States before announcing the lockdown. We can't deny the image of India that was seen abroad of migrant workers in distress. Also, if quarantine centres were set up in advance, the disease may not have reached villages," Sharma says.

11:51 (IST)16 Sep 2020
Venkaiah Naidu clarifies on time given to members

Chairman Venkaiah Naidu provides clarity to the discussion-time confusion, says 3.5 hours will be allocated for discussion as requested by the MPs. Anand Sharma resumes speaking.

parliament, parliament live, parliament live updates, parliament monsoon session, parliament monsoon session 2020 live, parliament today, parliament today live, parliament live news, parliament news, rajya sabha, india china, rajya sabha today live, lok sabha, lok sabha live, lok sabha live news, lok sabha live news updates, coronavirus Parliament Monsoon Session LIVE updates: Prime Minister Narendra Modi, Defence Minister Rajnath Singh, Finance Minister Nirmala Sitharaman and others pay tribute to ex-President Pranab Mukherjee, legendary Indian classical vocalist Pandit Jasraj and others who passed away this year, during the opening day of Parliament's Monsoon Session amid the ongoing coronavirus pandemic, at Parliament House in New Delhi, Monday. (PTI)

Parliament Monsoon Session LIVE updates:

On the second day of the Monsoon Session of the Parliament, Union Defence Minister Rajnath Singh briefed the Lok Sabha on the situation along the India-China border even as Congress MPs staged a walkout and held a protest in the Parliament House complex after they were not allowed to speak on the issue. While Singh admitted the border issue in eastern Ladakh with China remained unsolved, he said the armed forces were determined to protect India’s sovereignty and territorial integrity.

The Lok Sabha passed the Salary, Allowances and Pension of Members of Parliament (Amendment) Bill, 2020, to reduce for one year the salaries of MPs by 30 per cent “to meet the exigencies” arising out of the Covid-19 pandemic. Besides, the Lower House saw intense discussions a host of other issues, ranging from the drug probe in film industry to farm schemes.

In Rajya Sabha, the Aircraft (Amendment) Bill, 2020 was passed. The Bill seeks to improve India’s aviation safety ratings and provide statutory status to regulatory institutions, including the Directorate General of Civil Aviation (DGCA). Besides, the Upper House also saw Union Health Minister Harsh Vardhan introducing ‘The Institute of Teaching and Research in Ayurveda Bill, 2020, and making a statement on the Covid-19 situation in the country.

Can’t discuss China; Covid can be taken up with related Bills: Govt

The government on Tuesday rejected the Opposition’s demands to raise several contentious issues, including Chinese aggression at the LAC, saying the issue is sensitive and a threadbare debate in Parliament would put the lives of the soldiers there in danger.

Sources said Opposition leaders wanted to have short-duration discussions on the tension at LAC, the pandemic situation, migrant workers’ issues and the rising unemployment in the Business Advisory Committee (BAC) meeting held at 2 pm Tuesday. But the treasury benches are learnt to have suggested that the pandemic could be discussed during the debate on Epidemic Diseases (Amendment) Bill and for the economy issues, Lok Sabha will have a debate on supplementary demands for grants and other financial bills such as Banking Regulation (Amendment) Bill.

MPs want MPLADS restored, suggest use of Central Vista funds in Covid fight

On a day when the Lok Sabha unanimously backed the government’s move to slash salaries of MPs by 30 per cent to meet the exigencies arising out of the pandemic, a united Opposition asked the government to restore the Members of Parliament Local Area Development Scheme (MPLADS), funding for which has been suspended for two years.

The Opposition also suggested that the Rs 20,000-crore Central Vista project should be cancelled to put in that money for the country’s fight against Covid pandemic.


Also Read:

Monsoon session: MPs want MPLADS restored, suggest use of Central Vista funds in Covid fight

Standoff along LAC with China: Government says no debate in House, may brief Oppn

Panic due to fake news caused migrants to walk home: Govt

Lok Sabha: Essential commodities Bill cleared amid objections from Oppn, SAD

Jaya Bachchan defends Bollywood in Rajya Sabha: ‘To divert attention, film industry being flogged on social media’


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