Lawmaking procedure in India Current Affairs, GK & News

Power of President of India to withhold assent

In India the President can hold his assent to a bill in the following circumstances: If it is an ordinary Bill In case of an ordinary bill or a bill got introduced by a private member and passed by both houses, the president can just withhold assent. It is similar to the Pocket Veto in ..

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SBI Subsidiary Banks Bill passed by the Parliament

Parliament passed a Bill that attempt to shift powers to the Central Government from the RBI w.r.t. to State Bank of Hyderabad (a SBI subsidiary) The Lok Sabha accepted the amendment made by the Rajya Sabha and passed the Bill Albeit Lok Sabha had already passed the SBI, Subsidiary Banks Laws, Amendment Bill and sent it ..

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