Bills & Acts Current Affairs 2020 - Current Affairs Today

Bills & Acts Current Affairs 2020 read all the latest Bills & Acts Current Affairs Updates for 2020 at Fresherslive.com. This is the right place to get quick updates of Latest Bills & Acts Current Affairs 2020 and events not only for the competitive exam but also for the interview.

Last Updated: September 24, 2020

Free Current Affairs to Your Email
  • Monsoon Session 2020 of Parliament Concluded

    25 days ago
    Monsson Session 2020 of Parliament commenced on 14th September 2020. The session was scheduled to culminate on 1 October 2020, but due to COVID-19 pandemic risks, the session was adjourned sine-die on 23 September 2020. During the Session, 22 Bills (6 in Rajya Sabha and 16 in Lok Sabha, were introduced. The Lower House and the Upper House individually passed 25 Bills each. 27 Bills were passed by both the Houses of Parliament. Some of the important Bills are listed below: Covid-19 related Legislations: Salary, Allowance and Pensions of Members of Parliament (Amendment) Bill, 2020 Salaries and Allowances of Ministers (Amendment) Bill, 2020 Epidemic Diseases (Amendment) Bill, 2020  Insolvency & Bankruptcy Code (Second Amendment) Bill, 2020  Agriculture Bills: Farmers’ Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 Farmers (Empowerment and Protection) Agreement on Prices Assurance and Farm Services Bill, 2020  Essential Commodities (Amendment) Bill, 2020  Education Bills: National Forensic Sciences University Bill, 2020 Rashtriya Raksha University Bill, 2020 Health Sector: National Commission for Indian System of Medicine Bill, 2020 National Commission for Homeopathy Bill, 2020 Institute of Teaching and Research in Ayurveda Bill, 2020 Labour Bills: Occupational Safety, Health and Working Conditions Code Bill, 2020 Code on Social Security Bill, 2020 Industrial Relations Code Bill, 2020 Economic Sector Bills: Banking Regulation (Amendment) Bill, 2020 Companies (Amendment) Bill, 2020 Bilateral Netting of Qualified Financial Contracts Bill, 2020 Taxation and Other Laws (Relaxation of Certain Provisions) Bill, 2020

    Parliament passed three Labour Codes to pave way for enactment of Labour Laws

    26 days ago
    Rajya Sabha passed three labour codes namely, (i) Industrial Relations Code, 2020  (ii) Code on Occupational Safety, Health & Working Conditions Code, 2020 (iii) Social Security Code, 2020.  Highlights: ♦ These Labour Codes seeks to enhance the welfare of the workers in the country.  ♦ The Social Security Code provides a framework to include organized and unorganized sector workers under the ambit of comprehensive social security.   ♦ It contains provisions relating to Employees' Provident Fund Organisation (EPFO), Employees' State Insurance (ESIC), building construction workers, maternity benefits, gratuity and social security fund for unorganized sector workers.   ♦ These codes are in line with Centre's Universal Social Security. ♦ Labour Codes will harmonize the needs of workers and industry and will prove an important milestone for the welfare of the workers ♦ The Labour Codes is expected to give a big boost to Sabka Sath, Sabka Vikas with Sabka Vishwas ♦ New Labour Codes will cover over 50 crore workers from organized, unorganized and self-employed for minimum wages, social security ♦ It will enhance the setting up of “Social Security Fund” for 40 crore unorganized workers along with GIG and platform workers. ♦ The Codes will help in widening Universal Social Security coverage. ♦ It will Pay parity to women workers as compared to their male counterparts ♦ Under the Laws, Working journalists definition will include Digital and Electronic Media. ♦ Helpline to redress grievances of Migrant Workers will be established ♦ These Labour Codes will establish answerable, transparent, and simple mechanism reducing to one registration, one license and one return for all codes.

    Rajya Sabha passed 2020 Indian Institutes of Information Technology Laws Amendment Bill

    27 days ago
    Rajya Sabha passed Indian Institutes of Information Technology Laws (Amendment) Bill, 2020 in New Delhi on 22 September. The Indian Institutes of Information Technology Act of 2014 and the Indian Institutes of Information Technology (Public-Private Partnership) Act, 2017 are the unique initiatives of the Government of India. The aim is to impart knowledge in the field of Information Technology to provide solutions to the challenges faced by the country. The IIIT Laws (Amendment) Bill, 2020 was passed in Lok Sabha on 20th March 2020. Highlights: ♦ IIIT Laws (Amendment) Bill, 2020 encourage IIITs to promote the study of information and technology (IT) through their innovative and qualitative methods in the country. ♦ The Bill will amend the principal acts of 2014 and 2017. ♦ The Bill will declare five IIITs in Public-Private Partnership (PPP) mode at Agartala, Bhopal, Bhagalpur, Raichur and Surat as Institutions of National Importance by granting them statutory status under the IIIT (PPP) Act, 2017. Already 15 IIITs are granted the National Status Importance. ♦ With this status and the passed Bill, the institutions will be entitled to use the nomenclature of Bachelor of Technology (http://B.Tech) or Master of Technology (http://M.Tech) or PhD degree like the one issued by a University or Institution of National Importance.  ♦ The Bill will enable the Institutes to attract enough students required to develop a strong research base in the field of Information Technology (IT) in India.

    Parliament passed the 2020 Essential Commodities Amendment Bill

    27 days ago
    Rajya Sabha passed the Essential Commodities (Amendment) Bill 2020 on 22 September. The bill was introduced by the Minister of State (MoS) for Consumer Affairs, Food & Public Distribution Danve Raosaheb Dadarao on 14th September 2020 in the Lok Sabha. The Bill will replace ordinances promulgated on 5th June 2020. The bill was passed by the lower house on 15th September 2020. Highlights: ♦ Under the Bill, with provisions to remove commodities like cereals, pulses, oilseeds, edible oils, potatoes and onions from the list of essential commodities.  ♦ The EC (Amendment) Bill 2020 aims to remove fears of private investors of excessive regulatory interference in their business operations.  ♦ The Bill seeks to produce, distribute and supply to harness the economies of scale and attract private sector/foreign direct investment (FDI) into the agriculture sector.  ♦ The Bill aims to drive up investment in cold storages and modernization of the food supply chain. Background: The Bill was introduced as India has become a surplus in most Agri-commodities. The farmers have been unable to get better prices due to lack of investment in cold storage, warehouses, processing and export due to the Essential Commodities Act. Farmers suffer huge losses, especially of perishable commodities. It is expected that the Bill will drive up the investment in cold storages and modernization of the food supply chain. The Bill is expected to serve both farmers and consumers while bringing in price stability; create a competitive market environment; prevent wastage of agri-produce that happens due to lack of storage facilities.

    RS passed Epidemic Diseases Amendment Bill 2020 to protect healthcare workers

    30 days ago
    Rajya Sabha, the Upper House, passed the Epidemic Diseases Amendment Bill, 2020 on 19 September 2020. The Bill aims to punish the individuals who attack health workers or doctors who are fighting the covid-19 outbreak or during any situation similar to the current pandemic.  Epidemic Diseases Amendment Bill, 2020: ♦ The Bill seeks to make sure that there is an attitude of zero tolerance towards violence against people working in the healthcare sector, especially amid the covid-19 pandemic. ♦ As per the Bill, if any damage is caused to clinical establishments, quarantine & isolation facilities of patients, any other property associated with healthcare personnel or mobile medical units during a pandemic, penal provisions can be provoked. ♦ It approves a penalty ranging from Rs.50,000 to Rs.2,00,000 on any individuals who is involved in the commission or abetment of such acts of violence. ♦ The Bill provides a jail term of up to 5 years for those who attack doctors and health care personnel. Background: Earlier, the GoI implemented the Epidemic Diseases (Amendment) Ordinance 2020 to amend the Epidemic Diseases Act, 1897 with an aim to provide protection to health care service personnel, their living premises, and their workplaces against any violence during the course of a pandemic.

    Lok Sabha passed two Farm reform Bills

    31 days ago
    Lok Sabha passed the Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and The Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020. The Bills were aimed to transform agriculture in the country and raising farmers’ income. The Bills were introduced in Lok Sabha by Union Minister of Agriculture & Farmers’ Welfare, Rural Development & Panchayati Raj Narendra Singh Tomar on 14th September 2020. The Bills will replace ordinances promulgated on 5th June 2020. Farmers' Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020: ♦ The Bill seeks to provide for the creation of an ecosystem where the farmers and traders can sell and purchase of farmers' produce which facilitates remunerative prices through competitive alternative trading channels. ♦ The Bill will promote efficient, transparent and barrier-free inter-State and intra-State trade and commerce of farmers' produce outside physical premises of markets or deemed markets notified under various State agricultural produce market legislations. ♦ The Bill also provides a facilitative framework for electronic trading and for matters connected therewith or incidental thereto. ♦ The Bill open more opportunities for the farmer, reduce marketing costs for the farmers and help them in getting better prices.  ♦ The Bill will help farmers of regions with surplus produce to get better prices and consumers of regions with shortages, lower prices.  ♦ It also proposed an electronic trading in transaction platform for ensuring a seamless trade electronically. Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 ♦ The Bill aims to provide for a national framework on farming agreements that protects and empowers farmers to engage with agri-business firms, processors, wholesalers, exporters or large retailers for farm services. ♦ The Bill will transfer the risk of market unpredictability from the farmer to the sponsor. This will enable the farmers to access modern technology and better inputs.  ♦ It seeks to reduce the cost of marketing and improve income of farmers.

    Parliament passed the Institute of Teaching and Research in Ayurveda Bill

    32 days ago
    Rajya Sabha passed the Institute of Teaching and Research in Ayurveda Bill, 2020 on 16th September 2020. The Bill was passed in Lok Sabha on 19 March 2020. The Bill will establish a state-of-the-art Ayurvedic institution called the Institute of Teaching and Research in Ayurveda (ITRA) at Jamnagar, Gujarat. The Bill also confers the status of Institution of National Importance (INI) to the Institute. institutes at Gujarat Ayurved University campus Jamnagar. This is a cluster of highly reputed institutions. Highlights: ♦ ITRA has been planned to be established by conglomerating the presently existing Ayurveda , namely,  (a) Institute for Post Graduate Teaching and Research in Ayurveda (b) Shree GulabKunverba Ayurveda Mahavidyalaya (c) Institute of Ayurvedic Pharmaceutical sciences (d) Maharshi Patanjali Institute for Yoga Naturopathy Education & Research ♦ The Institute is expected to develop patterns of teaching in undergraduate and postgraduate education in Ayurveda and Pharmacy. ♦ ITRA will demonstrate high standards of education and emerge as a lighthouse institution to the entire AYUSH Sector.  ♦ The institute will provide the highest level of training of personnel in all important branches of Ayurveda including Pharmacy, and research in the field of Ayurveda. ♦ ITRA will be the first institution with INI status in the AYUSH Sector ♦ The INI STatus will enable the institution to be independent and innovative in the matter of deciding course content and pedagogy.

    Banking Regulation Amendment Bill, 2020 Introduced in Parliament

    33 days ago
    The new Banking Regulation (Amendment) Bill, 2020, is tabled on the first day of the Parliament's Monsoon Session. The Bill was introduced by Finance Minister Nirmala Sitharaman ans was withdrawn in March 2020, before the Covid-19 pandemic. Teh amendment comes as the 277 urban cooperative banks have reported losses during the  COvid-19 pandemic. Provisions of the Bill: ♦ The Bill will provide the Reserve Bank of India (RBI) powers to restructure cooperative banks.  ♦ The Bill will bring cooperative banks under the umbrella of RBI and would not affect state cooperative laws. ♦ As per the bill, with prior recommendation of RBI, the co-operative banks will be able to raise the money by public issues and private placements of equity, the preference shares and through unsecured debentures. ♦ The bill recommended to empower RBI for amalgamation of banks in order to remove the cap for the withdrawals by depositors and to smoothen the process of lending operation of the bank. ♦ In general, the Bill proposes to strengthen the co-operative banks by enabling access to capital, increasing professionalism, improving governance and ensuring sound banking through RBI.

    Punjab passed a resolution against Farm Ordinances

    51 days ago
    Punjab State Government passed a resolution against the Centre’s farm ordinances. The resolution was tabled by Chief Minister Amarinder Singh. The resolution termed these ordinances as anti-farmer and against the Minimum Support Price (MSP) regime. Highlights: ♦The ordinances were against the federal structure and the rights of the farmers. ♦The resolution is against: Farmers’ Produce Ordinance, 2020 Farmers Agreement on Price Assurance and Farm Services Ordinance, 2020 Essential Commodities Ordinance, 2020 Electricity Amendment Bill 2020 ♦It is because, as per the Punjab State Government, Agriculture falls under List II of Constitution and hence falls under the State List.  The ordinance promulgated by the Punjab state government is a direct encroachment on the functions of these states.

    President promulgates Banking Regulation Amendment Ordinance 2020 to ensure safety

    114 days ago
    President Ram Nath Kovind promulgated the Banking Regulation (Amendment) Ordinance, 2020. It is in pursuance with the commitment to ensure the safety of depositors across banks. The Ordinance will amend the Banking Regulation Act 1949 as applicable to Cooperative Banks.  Highlights: ♦ The Ordinance will seek to protect the interests of depositors and strengthen cooperative banks by improving governance and oversight. ♦ The ordinance will extend powers that are already available with RBI in respect of other banks to Co-operative Banks and for sound banking regulation, and by ensuring professionalism and enabling their access to capital.  ♦ The amendments do not affect existing powers of the State Registrars of Co-operative Societies under state co-operative laws.  ♦ The amendments do not apply to Primary Agricultural Credit Societies (PACS) or co-operative societies whose primary object and principal business is long-term finance for agricultural development, and which do not use the word “bank” or “banker” or “banking” and do not act as drawees of cheques. ♦ The Ordinance will amend Section 45 of the Banking Regulation Act, to enable the making of a scheme of reconstruction or amalgamation of a banking company for protecting the interest of the public, depositors, and the banking system. ♦ The ordinance will also secure its proper management, even without making an order of moratorium, so as to avoid disruption of the financial system.

    UP passed an ordinance to suspend most labour laws for 3 years

    164 days ago
    Uttar Pradesh State government passed an ordinance 'Uttar Pradesh Temporary Exemption from Certain Labour Laws Ordinance, 2020' to suspend labour laws for the next three years. The move is aimed to boost industrial investment and employ the large number of migrant workers that have come back to their native villages in the state. The Ordinance has been sent to Governor Anandiben Patel for assent. Highlights: ♦ The purpose of the ordinance aims to encourage industries to freely employ the large number of migrant workers that have come back. If industries have to go through the regular process of employing then they will be hesitant. ♦ It provides certain safeguards regarding minimum wages, health, and safety of the workers. Also, it stated that strict action will be taken if anyone is found misusing the ordinance. ♦ The ordinance will apply to all factories and manufacturing facilities and fresh investments. ♦ The state cabinet approved this ordinance in order to revive economic activities in the state that have been hit hard due to the coronavirus-mandated lockdown. ♦ It will encourage new investments and set up the new industrial infrastructure and the benefit of existing industries and factories. ♦ The state has received close to 7 lakh migrant workers from across the country and many more lakhs are expected to arrive in the state.

    RS passed 2020 JK Appropriation Bills

    209 days ago
    The Rajya Sabha approved the Jammu and Kashmir Appropriation Bills 2020 for the budget of Rs. 1 lakh crore for the Union Territory (UT) of Jammu and Kashmir for 2020-21. The bill was passed by the Lok Sabha on 19 March. Bill: ♦ As per the Jammu & Kashmir Appropriation Bills 2020, only 10% of the funds should be spent for security purposes in the UT, and the remaining should be spent for developmental objectives. ♦ The J&K government has made a provision of over Rs.1 lakh crore towards the J&K's budget in 2020-21, as against Rs.88,911 crore in the previous financial year. ♦ The budget aims to cover the entire UT of J&K under the Centre's flagship health scheme Ayushman Bharat.

    Lok Sabha passed 2020 Finance Bill without discussion

    209 days ago
    Lok Sabha passed the Finance Bill 2020 on 23 March. So far, more than 40 amendments were introduced by the government to the Finance Bill, which was moved for consideration and passing by Finance Minister Nirmala Sitharaman. The Bill was passed by voice vote and without discussion. Bill provisions: ♦ The Bill was introduced by the Finance Minister Nirmala Sitharaman. ♦ The Bill gives effect to the financial proposals of the central government for fiscal 2020-21. ♦ So far, more than 40 amendments were introduced by the government to the Finance Bill.

    Lok Sabha passed 2020 Aircraft Amendment Bill

    214 days ago
    Lok Sabha passed the Aircraft (Amendment) Bill, 2020, on 17 March. The Bill was moved by the Union Civil Aviation Minister, Hardeep Singh Puri. The Bill aims to amend the Aircraft Act, 1934. Bill provision: ♦ The Bill aims to convert three existing bodies under the Ministry of Civil Aviation, namely the Directorate General of Civil Aviation (DGCA), the Bureau of Civil Aviation Security (BCAS), and the Aircraft Accidents Investigation Bureau (AAIB), into statutory bodies under the Act.  ♦ Each of the statutory bodies will be headed by a Director-General who will be appointed by the centre. ♦ The Bill empowers the central government to make rules on several matters, including registration of aircraft, regulating air transport services, and prohibition of flight over any specified area.   ♦ The Bill penalty for various offences is imprisonment of up to two years, or a fine of up to Rs 10.lakh, or both.  The offences include carrying arms, explosives, or other dangerous goods aboard aircraft, contravening any rules notified under the Act, and constructing buildings or structures within the specified radius around an aerodrome reference point. ♦ The Bill will add air navigation services to the list for which the central government can make rules. ♦ The Bill empowers the central government to cancel the licences, certificates, or approvals granted to a person under the Act if the person contravenes any provision of the Act.

    Lok Sabha to discuss 2020 Institute of Teaching and Research in Ayurveda Bill

    214 days ago
    Lok Sabha is to take up the Institute of Teaching and Research in Ayurveda Bill, 2020, for consideration on 19 March.  Bill provisions: ♦ The bill aims to provide for the establishment of an Institute of Teaching and Research in Ayurveda by merging three Ayurveda institutes. It seeks to declare the institution as an institution of national importance for the promotion of quality and excellence in education, research, and training in Ayurveda and allied disciplines. ♦ The existing institutes that are to be merged are the Institute of Post Graduate Teaching and Research in Ayurveda, Jamnagar; Shree Gulabkunverba Ayurved Mahavidyalaya, Jamnagar; the Indian Institute of Ayurvedic Pharmaceutical Sciences, Jamnagar.   ♦ The institute will develop patterns of teaching in medical education in Ayurveda and pharmacy. It will bring together educational facilities for training of personnel in all branches of Ayurveda. ♦ The institute will attain self-sufficiency in postgraduate education to meet the need for specialists and medical teachers in Ayurveda. ♦ The Teaching and Research institute will make an in-depth study and research in the field of Ayurveda.

    Ministry of Culture to revisit 1958 Ancient Monuments and Archaeological Sites and Remains Act

    217 days ago
    Ministry of Culture has announced that it is to revisit the Ancient Monuments and Archaeological Sites and Remains Act, 1958. The Act regulates construction around centrally-protected monuments and classify them based on their historical significance.  Policy: ♦ Currently, the Ancient Monuments and Archaeological Sites and Remains Act, 1958, imposed a ban on construction of any kind within a 100m periphery of centrally-protected monuments. It also allows only certain types of regulated construction within the 100-200m perimeter. ♦ The existing provisions hinder much significant development work around these areas.  ♦ Therefore, in 2018, the government moved an amendment to the law in order to remove these restrictions.  ♦ In February 2019, a parliamentary standing committee examined the bill and submitted its report.  ♦ The Committee advocated the need for a law that balanced the preservation of monuments of historical significance and development of infrastructure around the monuments.

    UP promulgates 2020 UP Recovery of Damage to Public and Private Property Ordinance

    217 days ago
    The Uttar Pradesh state government promulgated Uttar Pradesh Recovery of Damage to Public and Private Property Ordinance, 2020 law on 15 March. The ordinance was approved by the State Cabinet under the chairmanship of Chief Minister Yogi Adityanath.   UP Recovery of Damage to Public and Private Property Ordinance, 2020: ♦ Under the new law to recover compensation from those who damage public and private property during protests and riots.  ♦ Compensation Claims will be decided by designated Claims Tribunals. The tribunals will be authorized to investigate complaints and assess the damage. The Claims Tribunal will be headed by a retired district judge, and its members would be of the rank of additional commissioner. It is empowered with all the powers of the Civil Court. ♦ The law states that the owner of any private property may file claims for compensation within three months of the public protests, bandhs, or riots.

    Parliament passed the Vivad Se Vishwas Bill for settlement of Direct Tax disputes

    219 days ago
    Parliament passed the Vivad Se Vishwas Bill for settlement of Direct Tax disputes on 13 March 2020. The Bill was introduced in Lok Sabha (the lower house) by the Minister of Finance Nirmala Sitharaman on 5 February 2020. Lok Sabha passed it on 4 March 2020.   Aim: The Bill aims to extend the scope to cover litigation pending in various debt recovery tribunals (DRTs). It will provide an opportunity to settle direct tax disputes within the current financial year by waiving interest and penalty on their pending taxes. Bill Provision: ♦ The Direct Tax Vivad Se Vishwas Bill provides a method for the resolution of pending tax disputes that are related to income tax and corporation tax that involve Rs.9.32 lakh crore. ♦ It also defines an appellant as the income tax authority, or the person, or both, whose appeal is pending before any appellate forum as on 31 January 2020.  ♦ It will cover tax disputes pending at the level of commissioner (appeals), Income Tax Appellate Tribunals (ITAT), high courts (HCs), and the Supreme Court (SC). ♦ The taxpayers will take advantage of the Vivad Se Vishwas scheme to settle the tax disputes before 31 March 2020, as 10% more will be charged for settlement of disputes after that date. ♦ Also, arrears relate to disputed interest or penalty only, then 25% of disputed penalty or interest will be paid if the payment is made by 31 March 2020, beyond which the same shall be enhanced to 30%.

    Government passed the 2020 Mineral Laws Amendment Bill

    220 days ago
    Parliament passed the Mineral Laws (Amendment) Bill, 2020, on 12 March. The Bill will replace the ordinance passed for the amendment of the Mines & Mineral (Development and Regulation) Act 1957 and the Coal Mines (Special Provisions) Act, 2015. The Bill was already passed by Lok Sabha on 6 March 2020. The Bill was introduced by the Union Minister of Coal & Mines Sh. Pralhad Joshi. Mineral Laws (Amendment) Bill, 2020: ♦ The Mineral Laws (Amendment) Bill will promote Ease of Doing Business and take the coal & mining sector into a new level.  ♦ The Bill aims to transform the mining sector in India and boost coal production and reducing dependence on imports. ♦ As per the amendment, the companies which do not possess any prior coal mining experience in India and/or have mining experience in other minerals or in other countries can participate in an auction of coal/lignite blocks. ♦ The law will increase participation in coal/lignite block auctions and facilitate the implementation of Foreign Direct Investment (FDI) policy in the coal sector. ♦ It also allows prospecting licence-cum-mining lease (PL-cum-ML) for coal/lignite. It increases the availability of coal and lignite blocks, and varying grades of coal blocks in a wide geographical distribution will be available for allocation. ♦ The amendment will augment the exploration of minerals of national interest and the deep-seated minerals by allowing Non-Exclusive Reconnaissance Permit (NERP) holders to apply for composite licence or Mining Lease (PL-cum-ML).

    Major Port Authorities Bill, 2020 introduced in Lok Sabha

    221 days ago
    The Major Port Authorities Bill, 2020, was introduced in the Lok Sabha on 12 March. The Bill was introduced by the Union Shipping Minister Mansukh Mandaviya.  Major Port Authorities Bill, 2020: ♦ The Bill will provide for the regulation, operation, and planning of major ports in India and to provide greater autonomy and flexibility in decision-making.  ♦ The Bill is not aimed at the privatization of government ports. The number of labour trustees will remain the same as earlier.  ♦ The Bill will provide the ports greater autonomy and flexibility to major ports in decision-making as they have to compete with the private sector.  ♦ The Bill proposes to repeal the Major Port Trusts Act, 1963.

    Parliament passed amendments to IBC Amendment Bill

    221 days ago
    Parliament passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2020, on 12 March 2020. It was earlier passed in Lok Sabha on 6 March. The Bill will now replace an ordinance passed in 2019.  Bill Provision: ♦ The amendments will introduce a mechanism to incorporate viable changes in the legislation.  ♦ The Bill will remove bottlenecks and streamline the corporate insolvency resolution process.  ♦ It aims to provide protection to new owners of a loan defaulter company against prosecution for misdeeds of previous owners. ♦ The creditors can initiate an insolvency resolution process if a company defaults on its payments.   ♦ It empowers the resolution professional to require suppliers to continue providing goods and services. ♦ The Bill provides that the company will not be liable for any offence committed prior to the insolvency resolution process if there is a change in the management or control of the company.

    Maharashtra approves a bill on caste validity certificate

    221 days ago
    Maharashtra State Assembly approved a bill on caste validity certificate. The Bill was unanimously passed by the Maharashtra state assembly on 11 March 2020. Provision: ♦ The Bill will allow gram panchayat members to submit their caste validity certificates within a year of winning elections.  ♦ The Bill will ensure that the aspiring candidates are not barred from contesting the elections if they do not have a caste validity certificate. ♦ At present, the candidate will have to submit his/her caste validity certificate at the time of filing of nominations. The social justice and rural development departments were working on a comprehensive policy to expedite the process of providing the validity certificate to those having caste certificates. 

    US President Donald Trump signs USD 8.3B bill to fight coronavirus outbreak

    226 days ago
    US President Donald Trump signed an 8.3 billion US Dollars measure to help tackle the coronavirus outbreak killed 12 people in the US and infected more than 200. About Legislation: The legislation provides federal public health agencies with money for vaccines, tests, and potential treatments and helps state and local governments prepare and respond to the threat.The Senate passed the legislation to help tackle the outbreak in hopes of reassuring a fearful public and accelerating the government's response to the virus. Thursday's sweeping 96-1 vote in the Senate had sent the bill to the White House for President Donald Trump's signature. After receiving the President's name, the plan more than triples the 2.5 billion US Dollars amount outlined by the White House 10 days ago. The impact of the outbreak continues to mount. British Government: The British government is considering suspending Parliament for five months. The legislation would provide federal public health agencies money for vaccines, tests and potential treatments, including USD 300 million to deliver such drugs to those who need it. More than USD 2 billion would go to help federal, state and local governments prepare for and respond to the coronavirus threat. An additional USD 1.3 billion would be used to help fight the virus overseas.

    Lok Sabha passed 2020 Direct Tax Vivad Se Viswas Bill

    227 days ago
    Lok Sabha passed the amendment of the Direct Tax Vivad Se Vishwas Bill, 2020, on 4 March. The Bill was introduced in Lok Sabha by the Minister of Finance Nirmala Sitharaman on 5 February 2020.  Aim: The amendment will extend the scope to cover litigation pending in various debt recovery tribunals (DRTs). It also provides an opportunity to settle direct tax disputes within the current financial year by waiving interest and penalty on their pending taxes. Bill Provision: ♦ The Direct Tax Vivad Se Vishwas Bill provides a method for the resolution of pending tax disputes that are related to income tax and corporation tax that involve Rs.9.32 lakh crore. ♦ It also defines an appellant as the income tax authority, or the person, or both, whose appeal is pending before any appellate forum as on 31 January 2020.  ♦ It will cover tax disputes pending at the level of commissioner (appeals), Income Tax Appellate Tribunals (ITAT), high courts (HCs), and the Supreme Court (SC). ♦ The taxpayers will take advantage of the Vivad Se Vishwas scheme to settle the tax disputes before 31 March 2020, as 10% more will be charged for settlement of disputes after that date. ♦ Also, arrears relate to disputed interest or penalty only, then 25% of disputed penalty or interest will be paid if the payment is made by 31 March 2020, beyond which the same shall be enhanced to 30%.

    Cabinet approves 2019 Companies Second Amendment Bill

    228 days ago
    The Union Cabinet chaired by Prime Minister Narendra Modi approved the Companies (Second Amendment) Bill, 2019 on 4 March 2020. The Bill will amend the Companies Act, 2013.  Bill Provisions: ♦ The Bill will make 72 changes in the Companies Act. ♦ The Bill will remove criminality under the Act in case of defaults which can be determined objectively and which, otherwise, lack the element of fraud or do not involve larger public interest.   ♦ The Bill will lead to further de-clogging of the criminal justice system in the country.   ♦ It would also further ease of living for law-abiding corporates. ♦ Previously, the Companies Act was amended by the Companies (Amendment) Act, 2015. The Bill removed certain difficulties faced in the implementation of various provisions of the Act.

    Cabinet approved the 2020 Surrogacy Regulation Bill

    235 days ago
    The Union Cabinet approved the Surrogacy (Regulation) Bill, 2020, on 26 February. The Bill will allow widows and divorced women to be surrogate mothers. The Bill has incorporated all recommendations made by the Rajya Sabha Select Committee. The amended Bill is the reformed version of the draft legislation, which was passed by Lok Sabha in August 2019. Aim: The Bill aims to ensure effective regulation of the surrogacy service. It bans commercial surrogacy and allow altruistic surrogacy. Bill provisions: ♦ The Bill aims to ensure effective regulation of the surrogacy service.  ♦ The Bill has now proposed that the surrogate mother should be a "willing" woman. Earlier it was termed and instructed as "close relative." The Bill has recommended that not only close relatives but any woman, whether she is a widow or divorcee, who is "willing" should be allowed to act as a surrogate mother.  ♦ The Bill stated that only Indian couples (both partners being of Indian origins) could opt for surrogacy in the country. ♦ The Cabinet decided that the insurance cover of the surrogate mother, which was proposed for 16 months, should be increased to 36 months. ♦ As per the Bill, National Surrogacy Board at the central level and State Surrogacy Board and appropriate authorities in states and Union Territories (UT) respectively, will be established to regulate surrogacy. ♦ The commercial surrogacy, including sale and purchase of human embryo and gametes, ethical surrogacy to Indian married couples, will be prohibited.

    Cabinet approved 2020 Assisted Reproductive Technology Regulation Bill

    242 days ago
    The Union Cabinet chaired by Prime Minister Narendra Modi approved the Assisted Reproductive Technology Regulation Bill 2020 on 19 February 2020. The move comes after the introduction of the Surrogacy Regulation Bill 2020  in Parliament and the approval of the Medical Termination of Pregnancy Amendment Bill 2020.  Aim: The bill was aimed at the welfare of women in the Country. These legislative measures are a step to protect women's reproductive rights.  Provisions of the Bill: ♦ After the Bill is approved by Parliament, a National Board will be constituted.  ♦ The board will create a code of conduct that should be observed by people who work at clinics. It will also set the minimum standards of physical infrastructure, laboratory and diagnostic equipment. ♦ The States and Union Territories (UT) will also constitute State Boards and State Authorities. The State boards will follow the plans and policies that are introduced by the National Board for clinics and Banks in the State.  ♦ As per the Bill, the National Registry and Registration Authority will maintain a Central database and assist the National Board in its functioning. ♦ Severe punishment will be given to people who practise sex selection, sale of human embryos, running agencies or organizations for such unlawful practices. ♦ The Bill will also regulate the Assisted Reproductive Technology services in the country.  This will ensure infertile couples' ethical practices in Assisted reproductive technology (ART).     Background: India has one of the highest growths in the ART centers and the number of ART cycles performed every year. Assisted Reproductive Technology (ART), including In-Vitro Fertilization (IVF), is a way for a multitude of persons suffering from infertility. It has caused legal, ethical and social issues in the country. Standardization of protocols and reporting is very inadequate. To regulation of the ART services are needed mainly to protect the affected Women and the Children from exploitation.

    Odisha passed the Odisha State Backward Classes Amendment Bill

    244 days ago
    The Odisha assembly passed the Odisha State Backward Classes (Amendment) Bill on 17 Monday. The new Bill will amend the Odisha State Commission for Backward Classes Act, 1993. The amendment will empower the Backward Class Commission to conduct a survey to identify socially and economically backward classes in the state. It will conduct the survey on the basis of their socio-educational status. The Bill was passed unanimously. Bill provision: ♦ The Odisha state assembly passed a resolution to take up the survey of the social and educational conditions of people of backward classes (BC). ♦ The amendment was necessary to conduct a survey of the households of backward classes. ♦ So far, over 209 communities identified as socially and educationally backward classes (SEBC). ♦ Also, on 12 February, Odisha state government constituted the Odisha State Commission for Backward Classes headed by Retired Justice Raghunath Biswal as its chairperson.

    Cabinet approved amendment of the 2020 Direct Tax Vivad se Vishwas Bill

    249 days ago
    The Union Cabinet approved the amendment of the Direct Tax Vivad se Vishwas Bill, 2020 on 12 February. The Bill was introduced by Finance Minister Nirmala Sitharaman in the Union Budget 2020. The Bill seeks to provide resolution for disputed tax cases that involve Rs.9.32 lakh crore. Aim: The amendment will widen the scope to cover litigation pending in various debt recovery tribunals (DRTs).  Bill Amendment: ♦ The Bill was introduced with an aim to reduce litigation related to direct taxes. ♦ It will cover tax disputes pending at the level of commissioner (appeals), Income Tax Appellate Tribunals (ITAT), high courts (HCs) and the Supreme Court (SC). ♦ It is expected that the people will take advantage of the Vivad se Vishwas scheme to settle the tax disputes before 31 March 2020, as 10% more will be charged for settlement of disputes after that date.

    Cabinet approves 2020 Pesticides Management Bill

    249 days ago
    The Union Cabinet approved Pesticides Management Bill, 2020 on 12 February. The move comes as the pesticide business is regulated by 1968 rules which have become age-old and need immediate rewriting. Bill provision: ♦ The Bill aims to regulate the business of pesticides and compensate farmers in case of losses from the usage of spurious agro-chemicals. ♦ The Bill will protect the interest of farmers and ensure they get safe and effective pesticides. ♦ As per the Bill, the farmer will not get spurious pesticides.  ♦ It will empower farmers to get all information as the data would be in open source and in all languages.  ♦ The bill aims to promote organic pesticides. ♦ The farmers will know about the strength and weaknesses of pesticides, the risk, and alternatives and this will be open data in digital format also. ♦ The farmers will essentially get the information from the dealers selling pesticides.

    Cabinet approved the Major Ports Authority Bill to replace existing law

    249 days ago
    The Union Cabinet chaired by Prime Minister Narendra Modi approved the "Major Ports Authority Bill" on 12 February. It will replace the existing 1963 law (Major Port Trusts Act, 1963) that governs the country's 12 major ports. The announcement was made by Union Minister Mansukh Lal Mandaviya.  Provisions of the Bill: ♦ The proposed law will enhance the overall efficiencies of the ports. ♦ The 12 major ports of India are Cochin, Chennai, Deendayal, Mumbai, JNPT, Marmugao, New Mangalore, Kamarajar, VO Chidambarnar, Visakhapatnam, Paradip, and Kolkata.  ♦ The 12 ports together had handled 699.04 million tonnes of cargo during 2018-19.

    UP government approves 2020 Ground Water Act

    250 days ago
    Uttar Pradesh Chief Minister Yogi Adityanath chaired a state cabinet approved the Ground Water Act, 2020. It aims to improve the falling groundwater level.  Ground Water Act, 2020: ♦ Under the Ground Water Act, 2020, registration is mandatory to install submersible pumps.  ♦ Online registration facility will also be available. ♦ The domestic users and farmers need not pay any fee. ♦ Rainwater harvesting system has been made mandatory in all private and government schools and colleges.  ♦ In the urban areas, if a landlord installs a submersible pump to build a house larger than 300 sqm area, then it will be necessary to install the rainwater harvesting system.  ♦ If someone pollutes groundwater through boring pipes, then there will be punishment and penalty against him.  ♦ Boring companies must get their registration done. The companies should give all the information every three months.  ♦ The map of government and private buildings will be cleared only when they have a provision to install a rainwater harvesting system. Punishments and Penalties: ♦ If a person is caught for the first time while polluting the groundwater level, he will receive punishment from 6 months up to 1 year and a penalty of Rs 2.lakhs to Rs.5 lakhs.  ♦ If caught for the second time, there will be a penalty of Rs.5 lakhs to Rs.10 lakhs and punishment from 2 years to 5 years ♦ If a person is caught for the third time, then he will face punishment from 5 years to 7 years and penalty from Rs.10 lakhs to Rs.20 lakhs.

    Cabinet approved 2020 IIIT Laws Amendment Bill

    256 days ago
    The Union Cabinet chaired by PM Narendra Modi approved the Indian Institutes of Information Technology Laws (Amendment) Bill, 2020. The Bill will approve the formalization of IIITs at Agartala, Bhagalpur, Bhopal, Raichur, and Surat. The institutions will now be covered under the IIIT (PPP) Act, 2017.  Provisions of the Bill: ♦ The Bill aims to promote higher education and research in the field of Information Technology. ♦ The Bill declares the remaining 5 IIITs-PPP (IIITs at Agartala, Bhagalpur, Bhopal, Raichur, and Surat) as Institutions of National Importance along with the other 15 IIITs established under the scheme in PPP mode.  ♦ The Bill empowers the institutes to award degrees.  ♦ It will entitle the Institutes to use the nomenclature of Bachelor of Technology (B.Tech) or Master of Technology (M.Tech) or Ph.D. degree as issued by an Institution/University of National Importance.

    CBDT issues clarification on the new provision in Finance Bill 2020

    259 days ago
    Central Board of Direct Taxes confirms the Finance Bill, 2020 proposed that an Indian citizen deemed to be a resident in India. The new provision in Finance Bill, 2020, intended to include in the tax were Indian citizens who are bonafide workers in other countries.  Central Board of Direct Taxes CBDT issued a clarification on the new provision where some Indian citizens shift their stay in low or no tax jurisdiction countries to avoid payment of tax in India. The interpretation by some section of the media that Indians who are bonafide workers in other countries, including in the Middle East. An Indian citizen who becomes deemed resident of India under this proposed provision, income earned outside India shall not be taxed in India unless it is derived from an Indian business or profession.

    Today Current Affairs: Union Cabinet approves official amendments in the National Commission for Homoeopathy Bill

    264 days ago
    The Union Cabinet chaired by Prime Minister Shri Narendra Modi got its approval to the official amendments in the National Commission for Homoeopathy Bill 2019 for amending the Homoeopathy Central Council (HCC) Act, 1973. The Bill is pending in Rajya Sabha. The amendments will: Ensure necessary regulatory reforms in the field of Homoeopathy education. Enable transparency and accountability  The Commission will promote the availability of affordable healthcare services in all parts of the country.   History of the Act          The Homoeopathy Central Council (HCC) Act 1973 was enacted for the constitution of a Central Council of Homoeopathy for the regulation of education and practice of Homoeopathy for maintenance of the Central Register of Homoeopathy. This Act modeled on the pattern of the Indian Medical Council Act, 1956. The broad functions constitution, regulation-making powers are identical to those of the Medical Council of India. While the Act provides a solid foundation for the growth of medical education and practice in Homoeopathy, but various bottlenecks in the functioning of the Council have been experienced, which has resulted in severe detrimental effects on the medical school as well as delivery of quality Homoeopathy healthcare services.

    AP passed bills for three capital system in the State

    270 days ago
    The Andhra Pradesh State Legislative assembly passed the Capital Region Development Authority Repeal Bill 2020 and the Andhra Pradesh Decentralisation and Inclusive Development of all Regions Bill 2020 on 20 January. The bills were aimed to decentralize the state's capital between Amaravati, Visakhapatnam, and Kurnool.  The Decentralization Bill provides the provision to divided the state into various zones and establishing zonal planning and development boards. 3 Capitals: ♦ The three capitals are Amaravati, Visakhapatnam, and Kurnool Amaravati will remain as the legislative capital Vishakhapatnam will remain as the executive capital  Kurnool will remain as the judicial capital.  ♦ Andhra Pradesh state government adopted the three-capital system in order to ensure equal development throughout the state.  Background: The AP state government approved a High Power Committee that reported about decentralizing the capital during a cabinet meeting chaired by chief minister Y. S. Jagan Mohan Reddy in Amaravati.

    Maharashtra to make Marathi mandate in all schools in the state

    271 days ago
    The Maharashtra government is to make it mandatory to teach the Marathi language in all schools in the state irrespective of mediums of instructions. The announcement was made by the Industries Minister Subhash Desai on 21 January during an interaction organized by the 'Mumbai Marathi Patrakar Sangh'. The government will enact a law during the next Assembly session in February 2020. The draft bill in this connection is being prepared.  Marathi language-Mandatory: ♦ The Maharashtra government is to frame a law in next month's Assembly session. ♦ The state is to make it mandatory to teach the Marathi language from Class 1 to Class 10 in all schools irrespective of media of all instructions. ♦ There are 25,000 English medium schools in the state and the number is increasing.  ♦ The government aims to carry out all its business in Marathi. ♦ It also stated that files without notings in the state language will not be accepted.

    Centre promulgated Ordinance to amend coal mining laws

    280 days ago
    The Central government announced the promulgation of the ordinance for amendment in the Mines and Minerals (Development and Regulation) (MMDR) Act, 1957 and the Coal Mines (Special Provisions) Act, 2015.  Ordinance: On 11 January 2019, the Union Cabinet approved the promulgation of Mineral Laws (Amendment) Ordinance 2020. The ordinance aims to ease the auction of coal mines, allow Foreign direct investment (FDI) and enhance ease of doing business. Provisions of the Ordinance: ♦ The amendments Coal Mines (Special Provisions) Act, 2015 will offer unexplored and partially explored coal blocks for mining through prospecting license-cum-mining lease (PL-cum-ML). ♦ It will enable any India-registered company to invest in the coal mining sector and develop coal blocks. The companies must have prior experience of mining in India to bid for the blocks. ♦ It will allow FDI in the coal mining sector by removing the restrictions and eligibility criteria for participation. ♦ Easing restrictions on end-user is expected to open up the coal sector for commercial mining for all local and global firms. ♦ GoI expects to attract investments from Indian and global corporates as Coal India has been tasked to produce one billion tonnes by 2023-24.

    Shri Mansukh Mandaviya hands over Citizenship certificates issued by Government of India to 7 Pakistani Refugees in Kutch

    303 days ago
    Union Minister of State for Shipping (IC) and Chemical & Fertilizers Shri Mansukh Mandaviya handed over the Citizenship certificates issued by the Government of India to 07 Pakistani refugees in Kutch, Gujarat. He met the Pakistani refugees who have taken shelter in Gujarat’s Morbi and Kutch districts of Gujarat. Citizenship Amendment Act The Citizenship Amendment Act will provide a new opportunity in life to the minorities who faced religious persecution in Pakistan, Bangladesh, and Afghanistan. The Government efforts to offer them a dignified life in India after they faced extreme harassment for so many years in those countries. The Refugee families gathered on the occasion celebrated the event and Union Minister of State Shri Mansukh Mandavia had a meal with the refugee Sodha family in Kidana village. Importance of Bill The Bill amends the Citizenship Act of 1955 to give eligibility for Indian citizenship to illegal migrants who are Hindus, Sikhs, Buddhists, Jains, Parsis and Christians from Afghanistan, Bangladesh and Pakistan, and who entered India on or before 31 December 2014.

    Andhra Assembly passed Bills to set up separate commissions for SCs, STs

    308 days ago
    The Andhra Pradesh Legislative Assembly passed two Bills, namely Andhra Pradesh State Commission for Schedule Tribes Bill and Andhra Pradesh State Commission for Scheduled Castes Bill on 16 December 2019. The two bills were passed by voice note. Provision of the Bill: ♦ The Bills will enable to set up the separate Commissions for Scheduled Castes (SCs) and Scheduled Tribes (STs).  ♦ The Andhra Pradesh State Commission for ST Bill was tabled by the State Minister for Tribal Welfare Pushpa Srivani. It will allow setting up of separate Commissions to safeguard the interests of STs.  ♦ The Andhra Pradesh State Commission for SC Bill was tabled by Social Welfare Minister P Viswarup.  ♦ The Bill was needed as the State has decided to bifurcate the existing Andhra Pradesh State Commission for SCs and STs into two separate commissions.

    Cabinet approved the 2019 Aircraft Amendment Bill

    310 days ago
    The Cabinet chaired by Prime Minister Narendra Modi approved the introduction of the Aircraft (Amendment) Bill, 2019. The Bill amend the Aircraft Act, 1934 (XXII of 1934). Provisions: ♦ The bill will enhance the maximum limit of fine from the existing Rs.10 lakh to Rs.1 crore.  ♦ It will include the regulation of all areas of air navigation to the Aircraft Act, 1934. ♦ It will fulfill the requirements of the International Civil Aviation Organisation (ICAO) by enabling the three regulatory bodies in the Civil Aviation sector in India to become more effective. This will lead to enhancement in the level of safety and security of aircraft operations in the country. The 3 regulatory bodies are Directorate General of Civil Aviation (DGCA), Bureau of Civil Aviation Security (BCAS) and Aircraft Accident Investigation Bureau (AAIB).

    Rajya Sabha passed the 2019 International Financial Services Authority Bill

    310 days ago
    Rajya Sabha passed the International Financial Services Authority Bill, 2019. The Lok Sabha passed the Bill on 11 December. It is expected that IFSCs will provide Indian companies easier access to global financial markets and also enable the development of financial markets in India. Provisions of the Bill: ♦ The bill aims to set up world-class unified regulator for international financial services combining powers and functions of Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDAI) And Pension Fund Regulatory and Development Authority (PFRDA). ♦ The authority comprises a chairperson and one member each nominated by the RBI, SEBI, IRDAI, and PFRDA. ♦ There will also be two members of the central government and full-time or part-time members. ♦ It will regulate all the financial services and products ♦ The authority can recommend any other financial products to the central government as the development of financial services and products in IFSCs requires focused and dedicated regulatory interventions.

    AP approved the draft Disha Act

    310 days ago
    The Andhra Pradesh Cabinet approved the draft Disha Act to ensure rape verdicts in 21 days. Chief Minister YS Jagan Mohan Reddy announced that the State government will make amendments to the AP Criminal Law Act to hand out harsh punishments after a swift process. Provisions: ♦ The act provides harsher punishments, including the death sentence, to those guilty of heinous crimes against women.  ♦ The Bill called for completion of trial in 21 days and awarding death sentences in rape cases.  ♦ The Act covers sexual offences against women and children, harassment of women and acid attacks.  ♦ The state government is to set up special courts in districts to try the cases related to attacks, sexual offences on children and women. ♦ Sexual abuse and attacks on children would attract 354(F), with punishments ranging from 14 years in jail to life term.  ♦ It also decided to slap cases on people who slander women in social media. First-time offenders could face a two-year jail term, while a repeat offence could attract double the punishment.

    Lok Sabha passed the 2019 Sanskrit Central Universities Bill

    311 days ago
    Lok Sabha passed the Sanskrit Central Universities Bill, 2019 on 12 December 2019. The  Bill was initiated by the Human Resource Development Minister Ramesh Pokhriyal 'Nishank'. Provisions: ♦ The bill seeks to set up central Sanskrit universities. ♦ The Bill also seeks to convert three deemed Sanskrit universities into central universities. The three universities are Rashtriya Sanskrit Sansthan, the Shri Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeeth in New Delhi and the Rashtriya Sanskrit Vidyapeeth in Tirupati. ♦ The approval will grant power to the universities to affiliate to colleges and attract more students from within India and abroad. Note: The Sansthan was established in 1970. Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeeth was set up in 1962. The Rashtriya Sanskrit Vidyapeeth in Tirupati was established in 1961. Later, all three universities were granted deemed university status by the UGC.

    Rajya Sabha passed the bill to extend the reservation for SC, ST by 10 more years

    311 days ago
    Rajya Sabha passed a Constitution amendment bill to extend reservation to SCs and STs in Lok Sabha and state assemblies by another 10 years. The bill was passed by Lok Sabha on 10 December. The bill will now be sent to the states for ratification by 50% of the assemblies before it comes into force. Provisions: Reservation for members of Scheduled Castes (SCs) and Scheduled Tribes (STs) was given for the past 70 years in Lok Sabha and state assemblies. The reservation is due to end on 25 January 2020.  All those who do not come from the SC/ST communities have also extended help for their welfare. Note: During India's Independence, the population of SC and ST were 5.13 crore and 1.91 crores respectively. As per the 2011 Census data, the SC and population were 20.13 crore and 10.45 crore respectively. In Parliament, there are 84 members from the Scheduled Caste and 47 from the Scheduled Tribe communities. There are 614 SC members and 554 ST members in the state assemblies across India. 

    President gave his assent to the 2019 Citizenship Amendment Bill

    311 days ago
    President Ram Nath Kovind gave his assent to the Citizenship (Amendment) Bill, 2019 on 12 December 2019. The bill amends the Citizenship Act, 1955. The Bill was passed in Lok Sabha in January 2019 but lapsed without being cleared in Rajya Sabha. The law came into effect on 12 December. Provisions: ♦ As per the Act, the members of Hindu, Christian, Sikh, Buddhist, Jain, and Parsi communities who have come from Pakistan, Bangladesh and Afghanistan till 31 December 2014 will not be treated as illegal immigrants. ♦ The Bill will grant citizenship to non-Muslims from Afghanistan, Bangladesh, and Pakistan who came to India before 31 December 2014.   ♦ The Bill will provide citizenship to six communities namely Hindus, Christians, Sikhs, Jains, Buddhists, and Parsis. ♦ It will help the minority communities who face religious persecution. ♦ The government said that the new law will be followed by a National Register of Citizens. Hence, the Muslims must prove they were original residents of India and not refugees from these three countries.

    Lok Sabha passed the 2019 International Financial Services Centres Authority Bill

    312 days ago
    The Lok Sabha passed International Financial Services Centres Authority Bill, 2019 on 11 December 2019. The bill aims to set up a unified authority to regulate all financial activities in international financial services centres (IFSCs) in India. The bill was withdrawn in Rajya Sabha. Provisions of the Bill: ♦ The bill will amend 14 Acts, including the SEBI Act, the Insurance Regulatory and Development Authority (IRDA) Act and the Pension Fund Regulatory and Development Authority (PFRDA) Act.  ♦ The bill will bring several regulators together as one unit (an authority) to deal with various institutions that are present in the IFSC ♦ The unified authority will regulate various financial activities in the IFSC ♦ The authority will follow all that processes that are applicable to such financial services, financial products, and financial institutions ♦ All the laws of the land and the unified authority will be subject to audit by the Central Vigilance Commission (CVC) and the Comptroller and Auditor General of India (CAG).  ♦ The bill defines various financial products including IT-enabled services in the financial sector.  ♦ As per the bill, there will be a tax holiday only for 10 years in the IFSC after which it will not become a tax haven. ♦ The first IFSC was set up at Gujarat International Finance Tec-City (GIFT) in Gandhinagar, Gujarat.

    Anti-Maritime Piracy Bill was tabled in Lok Sabha

    313 days ago
    External affairs minister S. Jaishankar introduced the Anti-Maritime Piracy Bill 2019 at Lok Sabha. The bill seeks to provide for stringent punishment, including death penalty or life imprisonment, to those involved in piracy at sea.  Reason: The Bill was introduced after 18 Indians aboard a crude oil carrier were kidnapped off the coast of Nigeria. India is still negotiating to release the kidnapped nationals. Aim: The Bill was introduced with an aim to promote the safety and security of India's maritime trade, and the safety of the crew members. Anti-Maritime Piracy Bill Provision: ♦ The Bill includes a provision of automatic death penalty was against the law. ♦ The Bill said that any person who commits any act of piracy shall be punished with imprisonment for life or with death if such person in committing the act of piracy causes death or an attempt thereof. ♦ The Bill was drafted to keep up with India's commitment to the United Nations Convention on the Law of the Sea (UNCLOS), which concluded in 1982. India had ratified the UNCLOS in 1995. UNCLOS: UNCLOS was signed on 10 December 1982 at Montego Bay, Jamaica. It is the result of the third edition of the United Nations Conference on the Law of the Sea (UNCLOS III) international agreement. It happened between the year 1973 and 1982. This agreement replaced the quad-treaty 1958 Convention on the High Seas. 157 signatories signed the agreement. The law came into force in 1994.

    Lok Sabha passed the 2019 Recycling of Ships Bill

    320 days ago
    Lok Sabha passed the Recycling of Ships Bill, 2019 on 3 December 2019. The Bill was introduced by the Minister of State for Shipping, Mansukh Mandaviya in the lower house. It seeks the restriction of the use of hazardous material on ships and regulates the recycling of ships by establishing a National Authority. Provision: ♦ The Bill seeks to regulate the recycling of ships as per international standards.  ♦ The Bill will help the ship recycling industry and generate more jobs in the country ♦ The Bill prohibits the use of hazardous materials of recycled ships. Use hazardous materials in a ship will be punishable with imprisonment of up to three months or a fine of up to Rs.5 lakh or both. ♦ The National Authority will be the nodal agency to administer, supervise and monitor the recycling operations. ♦ The Bill states that every Ship Recycler must prepare a ship recycling plan which should be approved by the Competent Authority. Only after getting the recycling certificate can the ship be recycled ♦ The Bill is applicable to: ⇒ any new or existing ship which is registered in India,  ⇒ the ships entering a port or terminal in India or the territorial waters of India ​​​​​​​⇒ other ship owned and operated by an administration or any warships that are used on government non-commercial service  ​​​​​​​⇒ ship recycling facilities operating in India.

    Rajya Sabha passed a bill to merge Dadra and Nagar Haveli, Daman and Diu

    320 days ago
    Rajya Sabha passed the Dadra & Nagar Haveli and Daman & Diu (Merger of Union Territories) Bill, 2019 on 3 December 2019. The Bill aims to merge two Union territories Daman & Diu, and Dadra & Nagar Haveli into one unit. The Bill was passed in Lok Sabha on 27 November 2019. Provisions of the Bill: ♦ The Bill aims to strengthen the administrative efficiency and the development of the two union territories. ♦ The merger will reduce the administrative cost of the two Union Territories. ♦ The merged Union Territories of Dadra & Nagar Haveli and Daman & Diu will be named as Dadra and Nagar Haveli and Daman and Diu.

Subscribe to Current Affairs

Enter your email to get daily Current Affairs
Current Affairs PDF

Current Affairs 2020 October

October 19
News Quiz
October 17
News Quiz
October 16
News Quiz
October 15
News Quiz

Current Affairs 2020 September

September 30
News Quiz
September 29
News Quiz
September 28
News Quiz
September 25
News Quiz

Current Affairs 2020 August

August 31
News Quiz
August 29
News Quiz
August 28
News Quiz
August 27
News Quiz