August 3, 2021
1 min read

LS passes General Insurance Business Amendment Bill amid ruckus

The amendments were introduced by Sitharaman after negating the amendments moved by RSP MP N.K. Premachandran….reports Asian Lite News

The Lok Sabha on Monday passed the General Insurance Business (Nationalisation) Amendment Bill, 2021 amid ruckus by the Opposition which demanded discussion on the snooping row and the three Central farm laws.

Soon after the House resumed its session at 3.30 p.m., Deputy Speaker Rama Devi asked Finance Minister Nirmala Sitharaman to introduce the proposed amendments to the Bill.

The amendments were introduced by Sitharaman after negating the amendments moved by RSP MP N.K. Premachandran.

Opposing the Bill, the Leader of Opposition, Adhir Ranjan Chowdhury, termed it as anti-people and anti-national which has been brought with an aim to benefit certain private players.

Union Minister of Finance Nirmala Sitharaman. (File Photo: IANS)

Dismissing Chowdhury’s claims, Sitharaman said that his allegations are not correct and many private insurance companies are providing insurance facilities on very low premium rates.

She also said that if the Opposition wants to discuss this BIll, she would explain why it is not anti- people.

The Bill was passed by the House amid ruckus, following which the Deputy Speaker adjourned the proceedings for the day.

Earlier, the Lok Sabha was disrupted thrice on Monday as the Opposition was adamant on having discussions on the Pegasus snoopgate and the three farm laws.

The House was adjourned at 11:40 am, at around 12 noon and 2:20 pm.

ALSO READ: FSSAI urged to scrap food fortification plan
Previous Story

FSSAI urged to scrap food fortification plan

Next Story

Over 1 lakh crore allocated to DRDO for modernization of defence

Latest from -Top News

KCF Festival Unites Karnataka Talent in UAE 

Enthusiastic participants displayed Karnataka’s cultural legacy through various artistic performances, making the event a grand celebration of talent.   The 6th edition of the KCF UAE National Level Talent Festival, Prathibhotsava 25, was

Jaishankar, Greek FM Discuss Boosting India-Greece Ties

EAM Jaishankar stressed that the India-Middle East Economic Corridor (IMEC) and the India-Mediterranean Connect would be the major focus of the next phase of India-Greece relations…reports Asian Lite News External Affairs Minister
Go toTop

Don't Miss

Recalled Indian envoy denies allegations by Canada

Ambassador Verma denied allegations of directing or coercing individuals to

Indian Students Bear Brunt of Canada’s Doubled Visa Amount

To get a study visa to Canada, a student currently