The Lok Sabha on Tuesday (December 3) debated and passed the Banking Laws (Amendment) Bill, 2024 through a voice note after a week-long logjam concluded. Proposed by Union Finance Minister Nirmala Sitharaman, the bill presents significant changes to augment governance in the banking sector and improve customer convenience. The bill was introduced on August 9, 2024, in a move to improve banking regulations in the current financial landscape. While moving the bill, Sitharaman emphasised on the successive or simultaneous nomination facility for the depositors, streamlining inheritance process, whereas locker holders will only have successive nomination. The bill seeks to bring…
Author: Abhiruchi Saran
Union Minister of Parliamentary Affairs Kiren Rijiju stated that the central government and the opposition parties will hold a debate in both the houses of Parliament to commemorate 75 historic years since the adoption of the Constitution.The discussions on ‘Constitution at 75’ will be held on December 13-14 in Lok Sabha and December 15-17 in Rajya Sabha. The Constitution of India was adopted on November 26, 1949, and came into effect on January 26,1950.The Minister expressed mutual agreement between all the parties and expected smooth functioning of the Parliament from Tuesday. Parliament Logjam There has been a week-long ruckus as both…
Farmer groups across the country are carrying out protests, demanding compensation and benefits under the agricultural reforms. The Bharatiya Kisan Parishad (BKP) along with allied farmer groups Kisan Mazdoor Morcha (KMM) and Samyukt Kisan Morcha (SKM) is holding a ‘Dilli Chalo’ 2.0 protest march. Led by BKP leader Sukhbir Khalifa, the protest is scheduled to commence on Monday in Noida.
