Parliament is set to witness yet another logjam over the Manipur violence. After adjournment for consecutive days over Manipur viral video, NDA govt is hoping the Opposition will allow smooth functioning of Lok Sabha and Rajya Sabha.
The Monsoon Session of Parliament is gearing up to be a significant event, with an extensive agenda of 31 bills slated for discussion. Covering a wide range of topics and issues, these bills hold the potential to shape India's legislative landscape and impact various aspects of governance and public welfare. Among the notable bills is the Insurance (Amendment) Bill, which seeks to raise the foreign direct investment (FDI) limit in the insurance sector from 49% to 74%. This move aims to attract more foreign investment into the insurance industry, ultimately boosting its overall growth and stability.
Additionally, the Coal Bearing Areas (Acquisition and Development) Amendment Bill is on the agenda. This bill aims to amend the existing law to expedite the process of acquiring land for coal-bearing areas. The proposed amendments are anticipated to streamline the land acquisition process and facilitate coal production, thus aiding India's energy needs.
The Factoring Regulation (Amendment) Bill is another crucial legislation set for discussion. It proposes amendments to the Factoring Regulation Act of 2011, with the objective of promoting and regulating the factoring business in India. By strengthening the framework for invoice financing, the bill endeavors to support small businesses and enhance their access to credit.
In the realm of health, the National Commission for Allied and Healthcare Professions Bill is set to be discussed. This bill seeks to regulate and standardize the education, training, and practice of allied and healthcare professionals in the country. By ensuring uniform standards and competency levels, the bill aims to enhance the quality of healthcare services across India.
Furthermore, the Indian Marine Fisheries Bill is an essential legislative proposal concerning the fishing industry. The bill aims to replace the existing archaic law governing marine fisheries and provide a more comprehensive regulatory framework. It seeks to safeguard the interests of fishing communities, conserve marine resources, and promote sustainable fishing practices.
The Monsoon Session will also see discussions on bills related to various other sectors, such as agriculture, education, finance, and transportation. Each bill represents the government's commitment to addressing the evolving needs and challenges of India's diverse population.
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