Lok Sabha Current Affairs - 2020

Steps taken by Government to protect Protected Species in India

There are 909 entries of taxa (including species, families, genus, orders and classes) of animals, birds and plants in the various Schedules of the Wild Life (Protection) Act, 1972. Various steps have taken by the Union Ministry of Environment, Forest and Climate Change (MoEFCC) to protect these species. This information was given by Minister of Read More…

Lok Sabha passes Employee’s Compensation (Amendment) Bill, 2016

The Lok Sabha has unanimously passed the Employee’s Compensation (Amendment) Bill, 2016 to reduce litigation in cases of disputes arising over compensation to workers. The Bill seeks to amend the Employee’s Compensation Act, 1923. This law provides payment of compensation to employees and their dependents in the case of injury by industrial accidents, including occupational Read More…

Lok Sabha passes Benami Transactions (Prohibition) Amendment Bill, 2015

The Lok Sabha has passed comprehensive Benami Transactions (Prohibition) Amendment Bill, 2015 to curb domestic black money. The comprehensive amendment bill seeks to amend and strengthen Benami Transaction (Prohibition) Act, 1988 in terms of legal and administrative procedure. Key Features of Bill The Bill seeks to (i) Amend the definition of benami transactions to widen Read More…

Lok Sabha passes Lokpal and Lokayukta (Amendment) Bill, 2016

The Lok Sabha passed the Lokpal and Lokayukta (Amendment) Bill, 2016 without discussion. The bill seeks to amend the Lokpal and Lokayukta Act, 2013 which provides Lokpal (at Centre) and Lokayukta (at States) statutory backing to inquire into allegations of corruption against certain public functionaries and for related matters. Key Provisions Enable the leader of Read More…

Lok Sabha passes Insolvency and Bankruptcy Code, 2015

The Lok Sabha has unanimously passed Insolvency and Bankruptcy Code, 2015 by a voice vote. The code seeks to ensure time-bound settlement of insolvency, faster turnaround of businesses and create a unified data base of serial defaulters. Highlights of the Code The Code creates time-bound processes for resolution of the insolvency of companies and individuals. Read More…