New Bills to be Introduced in Parliament by Nirmala Sitharaman, Sarbananda Sonowal, and Other Ministers
New Delhi, India – On August 9, 2024, during the ongoing Budget Session, several new Bills will be introduced in the Lok Sabha by various Union Ministers.
Finance Minister Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman will introduce the Banking Laws (Amendment) Bill, 2024. This Bill aims to amend the Reserve Bank of India Act, the Banking Regulation Act, and the State Bank of India Act. Additionally, she will introduce Bills to amend the Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980.
Minister of Ports, Shipping and Waterways Sarbananda Sonowal
Union Minister Sarbananda Sonowal will introduce a Bill to outline the responsibilities, liabilities, rights, and immunities related to the carriage of goods by sea. Another Bill will address the transfer of rights and liabilities to the consignee named in a bill of lading.
Railway Minister Ashwini Vaishnaw
Union Railway Minister Ashwini Vaishnaw will introduce a Bill to amend the Railways Act of 1989.
Civil Aviation Minister Rammohan Naidu Kinjarapu
Union Minister for Civil Aviation Rammohan Naidu Kinjarapu will introduce a Bill to regulate the design, manufacture, maintenance, and other aspects of aircraft.
Minister Arjun Ram Meghwal
Union Minister Arjun Ram Meghwal will move a Bill to enable the reservation of seats for Scheduled Tribes in the Legislative Assembly of Goa, following the inclusion of certain communities in the Scheduled Tribes list.
Other Parliamentary Activities
Union Minister of Parliamentary Affairs Kiren Rijiju and Congress MP will move a motion to agree with the Third Report of the Business Advisory Committee. Additionally, various ministers including Prataprao Jadhav, Pankaj Chaudhary, Anupriya Patel, Shantanu Thakur, and Savitri Thakur will lay papers on the Table.
Doubts Revealed
Parliament -: Parliament is a place where important people called Members of Parliament (MPs) meet to make laws for the country. It is like a big meeting room for the government.
Nirmala Sitharaman -: Nirmala Sitharaman is the Finance Minister of India. She is responsible for managing the country’s money and economy.
Sarbananda Sonowal -: Sarbananda Sonowal is a Union Minister in India. He looks after things related to shipping and waterways.
Bills -: Bills are ideas for new laws. They are discussed in Parliament, and if everyone agrees, they become laws.
Lok Sabha -: Lok Sabha is one part of the Indian Parliament. It is where elected representatives discuss and make decisions about new laws.
Budget Session -: The Budget Session is a special time when Parliament meets to discuss the country’s budget and other important issues.
Banking Laws (Amendment) Bill, 2024 -: This is a proposed change to the existing banking laws. It will be discussed to see if it should become a new rule for banks.
Maritime responsibilities and liabilities -: These are rules about how ships and boats should behave and who is responsible if something goes wrong at sea.
Railways Act -: The Railways Act is a set of rules that govern how trains and railways should operate in India.
Scheduled Tribes -: Scheduled Tribes are groups of people in India who are given special help by the government to improve their living conditions.
Goa -: Goa is a small state in India known for its beautiful beaches and tourist attractions.
