The Lok Sabha passed the Appropriation Bill 2020-21, authorising the government to draw funds from the Consolidated Fund of India for its working as well as implementation of its programmes and schemes.
The house passed the bill after the Speaker applied 'guillotine' on demands of grants for various ministries.
Once the speaker applies the guillotine, all the outstanding demands for grants, whether discussed or not, are put to vote at once. After this, appropriation bill is taken into consideration.
Biren Singh Announces CMAST and CMAT Schemes for Welfare of Sportspersons and Artistes
Manipur Chief Minister Nongthombam (N) Biren Singh announced the Chief Minister's AkhannabaSanaroisingiTengbang (CMAST) and Chief Ministergi Artiste SinggiTengbang (CMAT) to provide benefits to sports persons and artistes who have brought laurels to the State and country.
CMAST Scheme (for sportspersons)
This project is estimated to cost around Rs. 7.36 crore.
Under this scheme the government provides suitable employment in government services to sportspersons winning medals in the notified categories of international events based on the criteria set by the state government.
It will support athletes to purchase expensive sports items such as cycle, bow, rifle, pistol etc.
Enhanced cash awards to Olympians winners who receive gold, silver, bronze and Olympic participants will also receive Rs. 1 crore, Rs. 75 lakh, Rs. 50 lakh and Rs. 10 lakh respectively.
CMAT Scheme (for artistes)
The project is estimated around Rs. 5.7 crore.
This scheme is designed to recognise the renowned artistes and to encourage the artistes in performing arts, literary arts, visual arts & their associated institutions. It targets to benefit about 4000 artistes a year.
Pension to be extended to around 1000 artistes who are 60 years and above.
It will provide financial assistance to cultural groups or organizations for training and production in various fields, to students of Government Dance college to develop the state's talented emerging artists and to award winners in the national competition and festivals.
Mar 15, 2020
Vivad se Vishwas' Bill Gets Upper House Nod
The Rajya Sabha passed the Direct Tax 'Vivad Se Vishwas' (dispute to trust) Bill that aims to resolve more than 483,000 legacy disputes stuck in various tribunals involving direct taxes amounting to Rs. 9.32 lakh crore. The scheme, however, excludes litigations above Rs. 5 crore to check evasion.
Replying to the debate on the bill in the House, Finance Minister Nirmala Sitharaman said that taxpayers can avail the full benefit of the scheme by March 31 and till June 30 by paying some additional amount. The government will notify the last date for the scheme later.
Mar 13, 2020
Parliament Passes Amendments to Insolvency and Bankruptcy Code Bill, 2020
Parliament passed amendments to the insolvency law that will help ring-fence successful bidders of insolvent companies from risk of criminal proceedings for offences committed by previous promoters.
The Insolvency and Bankruptcy Code (Amendment) Bill, 2020 was passed by voice vote in Rajya Sabha. It was approved by Lok Sabha earlier this month.
The Bill replaces an ordinance.
Replying to a short debate on the Bill, Finance Minister Nirmala Sitharaman said amendments are sync with time and also adhere to a Supreme Court order in "letter and spirit."
Mar 07, 2020
Lok Sabha Passes Mines and Mineral Laws (Amendment) Bill
The Lok Sabha gave its nod to the Mines and Mineral Laws (Amendment) Bill amid sloganeering by Opposition members over the Delhi violence and other issues.
The Bill proposes to remove end-use restrictions for participating in coal mine auctions, and it will open up the coal sector fully for commercial mining for all domestic and global companies. It would also pave the way for auctioning of iron ore mining leases which expire this month.
Lok Sabha Passes Insolvency and Bankruptcy Code Bill
Lok Sabha passed the Insolvency and Bankruptcy Code (Second Amendment) Bill amid noisy protests.
The bill seeks to amend the Insolvency and Bankruptcy Code (IBC) so that successful bidders of insolvent companies are ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of the companies concerned.
Finance Minister Nirmala Sitharaman sought the cooperation of the members to pass the Bill in the House.
The Bill was declared passed by Rajendra Agarwal, who was in the chair, amidst continuous protests by Congress members, who have been demanding a discussion on the riots in Delhi.
The amendments in the law seek to remove bottlenecks and streamline the corporate insolvency resolution process, wherein successful bidders will be ring-fenced from any risk of criminal proceedings for offences committed by previous promoters of companies concerned.
Mar 04, 2020
Tamil Nadu CM Launches Health System Reform Programme
Tamil Nadu Chief Minister K. Palaniswami launched the Rs. 2,857 crore Tamil Nadu Health System Reform Programme (TNHSRP) in Chennai. The health scheme will be implemented with funding support from the World Bank.
The five-year programme focusses on three key areas, including improved quality of care, management of non-communicable diseases & injuries, and reduced equity gaps in reproductive and child health.
Under the new scheme, quality certification of the government hospitals will also be undertaken, which will help improve the medical service. It will focus on diagnosing non-communicable diseases, like diabetes, cancer, blood pressure, breast cancer, and psychological disorders at an early stage.