Opposition objects to 'identical' insurance bill in Rajya Sabha


Posted on 14th Mar 2015 10:15 am by mohit kumar

New Delhi, March 12 (IANS) Contending that an identical bill is pending with the house, the opposition in the Rajya Sabha questioned the tabling of a bill on Thursday to allow 49 percent FDI in insurance sector, even as Deputy Chairman P.J. Kurien noted that there was no rule preventing the government from doing so.

The Insurance Laws (Amendment) Bill, 2015, which has already been passed by the Lok Sabha and seeks to replace an ordinance, was tabled in the upper house on Thursday.

As soon as the bill was tabled, Communist Party of India-Marxist leader P. Rajeeve said a select committee of the upper house has already given a report on an older version of the bill and the new bill that has been brought is identical in nature.

"If we take up the bill, what happens to the select committee report? Are we ready to dilute the powers of the council of states," he asked.

Kurien, however, ruled that there was nothing in the rule book or the constitution that could prevent the government from bringing the bill but added that the situation was "unprecedented".

"Going through procedure of the constitution, I have come to conclusion though it may be unusual and unprecedented... one bill is our property, other sent by the other house... this is certainly unusual but there is no constitutional provision or rule which prohibits the listing of a bill passed by the Lok Sabha in the Rajya Sabha, even if it is substantially identical to a bill already pending as long as it meets the requirement set out in the constitution and rules of procedure," he said.

"The insurance bill has been listed today... house has procedural options open to it. The house can allow the bill to be withdrawn, can reject, or pass it. You are supreme... you can take decision," he said.

Parliamentary Affairs Minister M. Venkaiah Naidu also said that the bill should be taken up as the ordinance was brought because the bill could not be passed in the previous session.

When the opposition members remained unconvinced and continued with their objections, the chairman adjourned the house briefly for ten minutes -- and subsequently for half an hour.

0 Like 0 Dislike
Previous news Next news
Other news

Haryana Election: The exam is over... now wait for one day; anything can happen in the 30 seats where the contest is tough

After the voting on 90 seats of Haryana was over, the countdown started for the formation of a ne

India-China clash in Sikkim: 20 Chinese soldiers injured, 4 Indian soldiers also injured; China tried to infiltrate

The tensions between India and China have once again led to clashes between the soldiers of the t

Rajiv Gandhi Death Anniversary: Today, the 31st death anniversary of former Prime Minister Rajiv Gandhi, PM Modi and Sonia Gandhi paid tribute

Former Prime Minister Rajiv Gandhi's 31st death anniversary is on Saturday. On this occasion, Con

Kolkata restaurants rustle up French delicacies for global fest

Kolkata, March 20 (IANS) Nine restaurants in Kolkata rustled up an array of exquisite French go

Haifa Port: Adani Group won the Haifa Port deal, and will remain in control till 2054

Asia's richest businessman Gautam Adani is now in the process of giving a new identity to his bus

Petrol Diesel Price Today: Oil companies have released the prices of petrol and diesel, know how much the prices are in your city

Petrol Diesel Price: Oil companies have released the prices of petrol and diesel for today. Today

Devara: Junior NTR had the idea of ​​casting Saif as a villain in Devara, which will be released on September 27

There is always some medium to reach a character. Junior NTR became that medium for actor Saif Al

Trump gives another blow to China on the go, Xiaomi banned in America

US President Donald Trump may be leaving power on January 20 but is not showing any reduction in

Women's Day: Domestic gas cylinder becomes cheaper by Rs 100, PM Modi announced; Government gave gift on Women's Day

On the occasion of International Women's Day, Prime Minister Narendra Modi has given a big gift t

Russia Ukraine War: Putin, desperate to win the war at any cost, gave the responsibility of the Ukraine War to the 'Butcher'

General Sergei Surovikin known as Butcher of Syria: The Russia-Ukraine war that has been going on

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