September 20, 2024

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Parliament Live Updates: Congress, BJP give Zero Hour notices in RS on LPG value rise, cellphone tapping by state govts

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Union Minister for Road, Transport and Highways Nitin Gadkari throughout a press convention on the problem of scrapping coverage in New Delhi.
Here are some highlights from yesterday’s Parliamentary proceedings:
New scrapping coverage: obligatory health take a look at for autos, incentives for house owners
India will put in place a brand new “ecosystem” of obligatory health testing of autos, and be certain that those who fail are de-registered, in keeping with Union Road Transport and Highways Minister Nitin Gadkari. At the identical time, he mentioned, the federal government will method carmakers to think about a 5 per cent low cost on buy of recent autos for many who hand over their previous autos for scrap — and push for reduction in GST.
Announcing the “Voluntary Vehicle-Fleet Modernisation Programme” in Lok Sabha on Thursday, Gadkari mentioned that industrial autos over 15 years previous and private autos over 20 years previous will likely be marked for scrapping in the event that they fail to cross the take a look at. “They will be seized and destroyed,” he mentioned.
Rajya Sabha clears Bill to boost FDI in insurance coverage sector to 74%
Rajya Sabha on Thursday handed the Insurance (Amendment) Bill, 2021 that seeks to boost the FDI in insurance coverage sector to 74 per cent from the present 49 per cent, regardless of opposition push to refer the Bill to a standing committee.
“The FDI policy is brought in only to supplement domestic capital. This will only supplement what is available in the country because what is now available is not sufficient,” Finance Minister Nirmala Sitharaman instructed the House.
Responding to the opposition’s criticism in opposition to the modification, Sitharaman mentioned the legislation has “enough safeguards” in-built.