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2nd part of Parliament's Budget session from Monday; curtailment on cards

As of now, the session will conclude on April 8. Sources said parties across the board support curtailing the session in view of polls in Assam, West Bengal, Tamil Nadu, Kerala and Puducherry. However, an official decision is yet to be taken. The main focus of the government in the second part of the session is to get various demands of grants for the financial year 2021-22 passed along with the Finance Bill which carries various tax proposals. Besides these mandatory agendas, the governmen...
Tamil Nadu National Bank Pension Fund Regulatory Development Authority Amendment Union Budget West Bengal

Budget 2021: Sitharaman likely to unveil big-ticket infrastructure financing bank

Express News Service NEW DELHI:  Finance Minister Nirmala Sitharaman’s Budget, to be presented in the Lok Sabha on Monday, is likely to announce a dedicated bank for financing infrastructure development projects.  The proposed bank will be incorporated through a special law, the National Bank for Financing Infrastructure and Development Bill, which Parliament is likely to pass in the Budget session.  The bill describes the dedicated bank as “a provider, enabler and catalyst for infrastru...
Anuradha Shukla Minerals Development National Bank Pension Fund Regulatory Industrial Development Bank Development Authority Amendment

Government to introduce bills to set up DFI, Digital Currency

Government to introduce bills to set up DFI, Digital Currency SECTIONS Share Synopsis “To set up a new DFI as a provider, enabler and catalyst for infrastructure financing,” the NaBFID Bill 2021 purpose of statement noted, adding that NaBFID will be the, “principal financial institution and development bank for building and sustaining a supportive ecosystem across the life cycle of infrastructure projects.” Agencies The government will also introduce the Cryptocurrency and Regulation of...
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Major economic legislations to be considered during Budget Session

The Centre has lined up an intensive legislative agenda with over 20 bills for the Budget Session of Parliament which began on January 29. A major portion of the legislative agenda would include introduction and passage of several economic bills that aim at carrying the reform agenda of the government. Among the bills lined up for consideration during the Budget session of Parliament include legislations covering delicensing of countrys electricity distribution sector, amendments to Competit...
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