The General Insurance Business (Nationalisation) Amendment Bill 2021: The General Insurance Business (Nationalisation) Amendment Bill 2021 was introduced in Lok Sabha by Finance Minister Nirmala Sitharaman. The Bill will amend the General Insurance Business (Nationalisation) Act, 1972. The Bill proposes three amendments. The first aims to omit the proviso to Section 10B of the Act […]
Category: Polity Current Affairs
Commission For Air Quality Management In National Capital Region And Adjoining Areas Bill 2021
The Commission For Air Quality Management In National Capital Region And Adjoining Areas Bill 2021: The Commission for Air Quality Management in National Capital Region and Adjoining Areas Bill 2021 was introduced in the Lok Sabha by Minister of Environment, Forest and Climate Change. The bill aims for the constitution of a commission for better […]
Factoring Regulation (Amendment) Bill, 2021
Factoring Regulation (Amendment) Bill, 2021: Rajya Sabha has passed the Factoring Regulation (Amendment) Bill, 2021 to bring changes in the legislation aimed at helping the Micro, Small and Medium Enterprises (MSME) sector. It has incorporated many suggestions from the UK Sinha Committee. Key Provisions of the Bill: Change in the Definitions: It amends the definitions […]
AERA Amendment Bill, 2021
AERA Amendment Bill, 2021: The Lok Sabha passed the Airports Economic Regulatory Authority of India (AERA) Amendment Bill, 2021. It was first introduced in March 2021 and subsequently referred to a parliamentary standing committee on transport, tourism and culture, which approved it without any changes. It seeks to amend the Airports Economic Regulatory Authority of […]
The Inland Vessels Bill 2021
The Inland Vessels Bill 2021: The Inland Vessels Bill 2021 was passed in Lok Sabha. It replaces the Inland Vessels Act, 1917. The Bill seeks to introduce a uniform regulatory framework for inland vessel navigation across the country. Mechanically propelled inland vessels: The Bill defines such vessels to include ships, boats, sailing vessels, container vessels, […]
Commissions Of Inquiry Act, 1952
The Commissions Of Inquiry Act, 1952: The West Bengal government has set up a Commission of Inquiry (Lokur Commission), under the 1952 Act, to look into the alleged surveillance of phones using the Pegasus spyware developed by the Israeli cyber-intelligence company NSO Group. The Commission will look into the alleged breach of privacy of several […]
All India Quota Scheme For UG And PG Medical / Dental Courses
All India Quota (AIQ) Scheme For Undergraduate And Postgraduate Medical / Dental Courses: Ministry of Health and Family Welfare has taken a decision for providing 27% reservation for OBCs and 10% reservation for Economically Weaker Section (EWS) in the All India Quota (AIQ) Scheme for undergraduate and postgraduate medical / dental courses (MBBS / MD […]
The Insolvency And Bankruptcy Code (Amendment) Bill, 2021
The Insolvency And Bankruptcy Code (Amendment) Bill, 2021: The Insolvency and Bankruptcy Code (Amendment) Bill, 2021, passed by Lok Sabha has proposed ‘pre-packs’ or Pre-packaged Insolvency Resolution Process (PIRP) as an insolvency resolution mechanism for Micro, Small and Medium Enterprises (MSMEs). A pre-pack envisages the resolution of the debt of a distressed company through a […]
Juvenile Justice Amendment Bill, 2021
Juvenile Justice Amendment Bill, 2021: The Juvenile Justice (Care and Protection of Children) Amendment Bill, 2021, was passed in the Rajya Sabha. The bill seeks to amend the Juvenile Justice Act, 2015. The National Commission for Protection of Child Rights (NCPCR) audit of Child Care Institutions (CCIs) in 2020, 90% of which are run by […]
Supreme Court on Vandalism in Parliament
Vandalism: The Supreme Court held that lawmakers cannot indulge in criminal acts on the Parliament or Assembly floors and then take cover behind the right to free speech. The court refused the Kerala government’s plea to withdraw prosecution of top Left Democratic Front (LDF)leaders accused of vandalism and wanton destruction of public property on the […]
