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Parliamentary Standing Committee on Finance to meet today; discuss Bankruptcy

The panel has on its agenda to discuss the oral evidence of the representatives of the Reserve Bank of India (RBI) on the subject 'Review of working of Insolvency and Bankruptcy Code and Emerging Issues'. The standing committee on Finance will also discuss the consideration and adoption of draft Action Taken Reports on 1 to 5 and 8 to 13 reports of the committee.

ANI Jul 29, 2025 12:00 IST googleads

Old Parliament House (Sanvidhan Sadan). (File Photo/ANI)

New Delhi [India], July 29 (ANI): The Parliamentary Standing Committee on Finance will hold a meeting on Tuesday afternoon to discuss Bankruptcy
The panel will discuss the oral evidence of the representatives of the Reserve Bank of India (RBI) on the subject 'Review of working of Insolvency and Bankruptcy Code and Emerging Issues'.
The Panel will also discuss the consideration and adoption of draft Action Taken Reports on 1 to 5 and 8 to 13 reports of the committee.
Proceedings of Lok Sabha began on Tuesday morning to continue discussion on Operation Sindoor for the second day with Union Home Minister Amit Shah set to address the Lower House today.According to government source, Home Minister Amit Shah will address the Lok Sabha between 12:00 and 1:00 PM.
This is the seventh day of the ongoing monsoon session. Minutes after it was convened at 11 am, Rajya Sabha got adjourned till 2 PM.Prime Minister Narendra Modi is expected to deliver his speech in the evening, according to a government source.Meanwhile, the upper house plans to hold a 16-hour-long discussion on Op Sindoor today.
According to sources, Rajnath Singh and S Jaishankar will be among the ministers participating in the discussion in the Rajya Sabha. PM Modi is also expected to intervene in the debate.
The largest opposition party, Congress, has been allotted approximately two hours for discussion. Party president Mallikarjun Kharge will open the debate for them.
The Lok Sabha on Monday afternoon began discussion on 'India's strong, successful and decisive Operation Sindoor', launched in response to the recent terrorist attack in Pahalgam. The debate was initiated by Defence Minister Rajnath Singh.
The lower house held a discussion on india's military response, amid the opposition's demand for the same. The discussion concluded around 1 am, with the opposition and ruling party leaders at loggerheads with each other.
Defence Minister Rajnath Singh took a swipe at the opposition during discussion on Operation Sindoor in Lok Sabha, stating that focus must not remain on small issues when aiming to achieve a higher feat, since it can divert attention from national security."When the aim is to go higher, we should not pay attention to small issues because focusing on issues that remain comparatively small can divert attention from national security," Singh said while addressing the lower house of Parliament on Operation Sindoor.
Meanwhile, Deputy Leader Lok Sabha Gaurav Gogai hit out at the BJP-led government on Monday over the Pahalgam terror attack in Jammu and Kashmir and said it has been over 100 days since the horrendous April 22 incident, but the government "hasn't been able to catch those five terrorists" who carried out the terror attack in which 26 people, mostly tourists, were killed.
Participating in the debate on 'India's strong, successful and decisive Operation Sindoor in response to terrorist attack in Pahalgam' in Lok Sabha, Gogoi slammed the government for stopping Operation Sindoor after Pakistan capitulated and asked why it did not go further and reclaim the territory illegally occupied by the neighbouring country. Gogoi spoke immediately after Defence Minister Rajnath Singh, who initiated the debate.
Opposition parties have been demanding a discussion on the Pahalgam terror attack and Operation Sindoor and have sought the government's clarification over US President Donald Trump's repeated claims that he brokered a ceasefire between India and Pakistan.
Prime Minister Narendra Modi is expected to address the Lok Sabha between 5:00 and 6:00 PM. Home Minister Amit Shah is scheduled to speak at 12:00 PM, while Defence Minister Rajnath Singh will open the Rajya Sabha debate at 2:00 PM. (ANI)

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