-Outlook Raipur: Chhattisgarh Legislative Assembly today passed the Food Security Bill aimed at providing food and nutritional security to around 50 lakh families in the state. Chief Minister Raman Singh told the House that the provisions of the bill ensured that adequate quantity of quality food will be available at affordable prices to nearly 50 lakh families. The new provisions will add a burden of Rs 2,311 crore on the state exchequer. Hailing Chhattisgarh...
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Lok Sabha paves way for setting up more banks
-PTI Parliament on Thursday paved the way for corporate houses to enter the banking sector by approving the banking bill, a key reform Legislation pending for long. Parliament also passed the amendments to the debt recovery laws or Sarfesi law after a reply by finance minister P Chidambaram on the combined discussion on the two bills in Rajya Sabha. These two Bills -- Banking Laws (Amendment) Bill, 2012, and Enforcement of Security Interest...
More »Insurance Bill deferred to budget session
-The Hindu After having managed to push through the major reforms Legislations such as the Banking and Companies Bills and also getting through with the 51 per cent foreign direct investment (FDI) in multi-brand retail, the UPA II dispensation will have to wait till the budget session of Parliament to get the Insurance Bill passed which seeks to raise the FDI cap in the insurance sector to 45 per cent. With the...
More »De-notified tribes to get a better deal in 12th Plan -Aarti Dhar
-The Hindu Nationwide survey will be conducted to introduce a suitable shelter programme The government proposes to create an enabling environment for the social empowerment of the de-notified tribes so that they could utilise reservation benefits in education and employment. A nation-wide survey of de-notified tribes’ settlements is to be conducted to form the basis for introducing a suitable shelter programme for them. They could be entitled to free or subsidised housing under...
More »Lok Sabha passes companies, banking Bills-Asit Ranjan Mishra, Liz Mathew and Surabhi Agarwal
-Live Mint Consideration of land acquisition Bill deferred after opposition seeks more time to study new clauses India’s Parliament got down to business on Tuesday with the Lok Sabha passing two critical Bills, the Companies Bill, 2011, and the Banking Laws (Amendment) Bill, 2011, although it deferred consideration of the land acquisition Bill. The new Companies Bill, when it is enacted, is expected to improve the quality of corporate governance by strengthening...
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