Ordinance Current Affairs - 2020

Facts Box: Banking Regulation (Amendment) Bill, 2020

On September 16, 2020, Lok Sabha passed the Banking Regulation (Amendment) bill, 2020. The bill aims to bring cooperative banks under the supervision of Reserve Bank of India. Highlights The bill replaced the Banking Regulation (Amendment) Ordinance, 2020. The ordinance was promulgated in June 2020. It amends the Banking Regulation Act, 1949. It will regulate Read More…

Punjab passes resolution against farm ordinances

On August 28, 2020, the Punjab Government passed a resolution against the farm ordinances of the central government. Ordinances In June 2020, the Union Government of India had issued three ordinances as follows Farmers’ Produce Ordinance, 2020 Farmers Agreement on Price Assurance and Farm Services Ordinance, 2020 Essential Commodities Ordinance, 2020 Farmer Produce Ordinance, 2020 Read More…

Government to bring 11 ordinances during Monsoon Session of Parliament

The Government of India is to bring 11 ordinances in Parliament during Monsoon session that is to commence in September 14, 2020. The Parliament is to have several preventive measures to stop COVID-19 infection during the session. Highlights The Monsoon session is to continue till October 1, 2020. In all 18 sittings are to be Read More…

Haryana to Reserve 75 percent Jobs with Less than Rs 50,000 Salary in the Private Sector of the State for Locals

In order to address the growing rate of unemployment in the state on a priority basis, under the chairmanship of the Chief Minister of Haryana Manohar Lal Khattar, the Haryana Cabinet on 6th July 2020 has approved a proposal for drafting an Ordinance under which 75 percent of the jobs with a salary of less Read More…

Ordinance passed by UP to suspend labour laws

On May 7, 2020, the Uttar Pradesh Government passed an ordinance to suspend labour laws in the state for three years. The ordinance is being passed to boost industrial investment and also help the migrants who have returned back to the state. Around 7 lakh migrant workers from all over the country have returned back Read More…