Insurance Bill On Government Agenda For Parliament Session


NEW DELHI: The government has an ambitious legislative agenda for the winter session with a slew of bills slated to be tabled. The following are some of the important bills expected to be taken up for passage.

* The Insurance (Laws) Amendment Bill, 2008: This bill raises the limit of foreign holding in insurance companies to 49 percent from the current 26 percent.

* Coal Mines Special Provision Bill, 2014: It outlines the procedure for auction of coal blocks that were cancelled by the Supreme Court in September 2014 and will replace the ordinance issued by the government.

* Textile Undertakings (Nationalisation) Laws (Amendment and Validation) Bill, 2014: This allows the National Textile Corporation (NTC) to continue with the leasehold rights vested with it, even after the completion of the leasehold tenure. It will replace the ordinance on the subject.

* Merchant Shipping (Amendment) Bill, 2014: This bill seeks to add new provisions to the Merchant Shipping Act, 1958 to comply with the International Convention for the Control of Harmful Anti-Fouling Systems on Ships.

* School of Planning and Architecture Bill, 2014: The bill proposes to bring all three existing schools of planning and architecture under one law.

* The Medical Termination of Pregnancy (Amendment) Bill, 2014: The proposed bill allows for termination of pregnancy for up to 24 weeks.

READ MORE: 10 of the Most Visited Attractions in the World

U.S. Court Seeks Response To Challenge To Modi Immunity

Source: IANS