The current Bill proposes to simplify the legal framework by incorporating the proposals of the Indian Railway Board Act, 1905 in the Railways Act, 1989. This will reduce the need to refer to two laws. Instead reference will be required only to one law.
The bill provides for amending the Reserve Bank of India Act, 1934, Banking Regulation Act 1949, State Bank of India Act, 1955, Banking Companies (Acquisition and Transfer of Undertakings) Act 1970, and Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980.
As the Parliament convenes for the ongoing Budget Session on Friday, Union Finance Minister Nirmala Sitharaman will introduce new Bills including the Banking Laws (Amendment) Bill, 2024 to amend the Reserve Bank of India Act, the Banking Regulation Act and the State Bank of India Act among o
Olympic gold medalist Abhinav Bindra heaped praise on Neeraj Chopra for clinching the silver medal at the ongoing Paris Olympics and said that the Indian javelin thrower carried the hopes of a billion hearts.
As the Waqf (Amendment) Bill, 2024 was tabled in the Lok Sabha by the Union government today, the Congress denounced the bill as "draconian" and an "attack on the Constitution," adding that "this is a draconian law and a fundamental attack on the Constitution."
Congress MP Gaurav Gogoi on Thursday criticized the BJP for introducing the Waqf (Amendment) Bill and said that religious matters are very sensitive and government should not make decisions in a hurry.
Earlier, AIMIM Chief and Hyderabad MP, Asaduddin Owaisi said on Tuesday that there are a lot of dangerous sections and it is not legislation but something to bulldoze Waqf and finish Muslims.
The Waqf (Amendment) Bill, which seeks to "effectively address" issues related to the powers of the State Waqf Boards, registration and survey of waqf properties and removal of encroachments, was introduced in Lok Sabha.
Pulling a thread from where Finance Minister Nirmala Sitharaman left yesterday during her discussion on Finance Bill 2024-25 in the Lok Sabha, she said on Thursday fitment committee that looks after GST related proposals have members from all states, including from the Opposition ruled state
Union Commerce Minister Piyush Goyal, speaking at the India International Footwear Fair (IIFF) 2024 on Thursday, asked the footwear manufacturers to aim USD 50 billion export target by 2030.