Lok Sabha takes up bill to amend warehousing act


Posted on 19th Mar 2015 11:28 am by mohit kumar

New Delhi, March 18 (IANS) The Lok Sabha on Wednesday took up for discussion the warehousing corporations amendment bill which seeks to remove the provision about the central government's responsibility being a financial guarantor to the corporation.

The bill was moved for consideration and passage by Food and Consumer Affairs Minister Ramvilas Paswan. The bill seeks to amend the Warehousing Corporations Act, 1962.

According to the statement of objects and reasons of the bill, the Central Warehousing Corporation has been awarded a mini-ratna status by the department of public enterprises.

It says that one of the criteria to be a mini-ratna enterprise is that there should be no financial support from the government to the enterprise and it should not depend on any budgetary support.

The amendments aims at absolving the central government of its responsibility of being a guarantor.

0 Like 0 Dislike
Previous news Next news
Other news

FIFA World Cup: Not only Messi, but Google also broke a 25-year-old record on Sunday night, Sundar Pichai gave information

FIFA World Cup: Craze was seen all over the world regarding the FIFA World Cup. Google also gave

Mulayam Singh Yadav had kept on becoming Prime Minister twice, knowing which leaders had put obstacles

Mulayam Singh Yadav was called the wrestler of the political arena. He was adept at pinning down

Imran Khan Arrest: PTI will go to Supreme Court today against Imran's arrest, America-UN said a big thing

There has been a ruckus in Pakistan after the arrest of Imran Khan. Imran's supporters are protes

Presidential Election: Voting for the Presidential election today, 4800 MPs and MLAs will participate, Murmu's upper hand

Voting will be held today for the election of the 15th President of the country. 4800 elected MPs

Crisis deepens in Sri Lanka: No diesel left to run ambulance; Speaker said - President left the country and then reversed the statement

The political and economic crisis in Sri Lanka is deepening. Protesters have stormed the Rashtrap

Elections in 2025: Assembly elections in Delhi-Bihar and by-elections in six states, how much will the country's politics change in 2025?

Today's morning was special. Leaving behind old memories, we stepped into the new year. While 202

Microsoft Outage: The turmoil in the world due to the global outage has an impact on the market, CrowdStrike shares fell

Shares of cybersecurity firm CrowdStrike closed with a big drop on Friday. The drop was recorded

India-France: India will set up DRDO's technical office at the Embassy in Paris, what will be the benefit of this; know

Prime Minister Narendra Modi's two-day tour of France has been completed and now he has reached U

India becomes the fastest corona vaccination country, tops the world with more than 100 million doses

New Delhi. Vaccination In India: Corona vaccination campaign is also going on to prevent infectio

IPL 2024: Virat Kohli's stormy innings kept RCB in the playoff race, Punjab Kings' hopes dashed

Royal Challengers Bangalore defeated Punjab Kings by 60 runs in the 58th match of IPL 2024 on Thu

Sign up to write
Sign up now if you have flare of writing..
Login   |   Register
Follow Us
Indyaspeak @ Facebook Indyaspeak @ Twitter Indyaspeak @ Pinterest RSS



Play Free Quiz and Win Cash