Bills Current Affairs, GK & News
The Rajya Sabha have cleared The Jammu and Kashmir Reorganisation (Amendment) Bill, 2021 by voice vote on February 8, 2021. Highlights The bill seeks to replace the ordinance to merge the Jammu and Kashmir (J&K) cadre and the Arunachal Pradesh, Goa, Mizoram Union Territory (AGMUT) cadre of civil services officer. This Bill was recently introduced ..
Category: Legal & Constitution Current Affairs
The government is considering to introduce a new bill “National Bank for Financing Infrastructure and Development Bill, 2021” in the ongoing budget session of the parliament. This bill will be passed with the objective of setting up a new development finance institution (DFI) so as to finance the infrastructure projects. What is Development Finance Institution (DFI)? The ..
Topics: Bills • Development Finance Institution (DFI) • National Bank for Financing Infrastructure and Development Bill • National Infrastructure Pipeline • Parliament of India • Sessions of the Parliament
The Central Government of India has issued a new notification which stated the changes which have been made in the Prevention of Money Laundering Act (PMLA). What is the Prevention of Money Laundering Act, 2002? The Prevention of Money Laundering Act, 2002 was an Act passed in the Indian Parliament. It was the first enacted ..
While the Rajya Sabha has passed the Wage Code Bill which aims to enforce a strict minimum wage limit for both the informal and formal sectors, the concerned Ministry (the Labour Ministry) has informed the house that the government to yet to decide on a minimum wage for all. What is happening? The bill new ..
Category: Economy & Banking Current Affairs - 2022
To remove illegal squatters and occupants from government properties and the land, the Indian Government has decided to bring the Public Premises (Eviction of Unauthorised Occupants), Amendment Bill, 2019 to provide more power to the evicting officials. ?What happens? The Government has a lot of land and property in prime locations, all of which can ..
The Union Cabinet has approved the introduction of the Chit Funds (Amendment) Bill, 2019 in Parliament. If passed and made into a law, the bill aims to substantially lower the compliance requirements on the registered legal chit funds of India.? This will be beneficial to both the organizers and the subscribers of the chit fund. ..