Rajya Sabha Clears 5 Bills in a Day to set a Record

Banking Finance News News

Business Mantra: Faridabad

On 11th of May, 2016, the Rajya Sabha in a record time, even sitting late up to 8pm under the Chairmanship of Mr. J. P. Kurien cleared five important bills, which were already passed by the Lok Sabha. The Bills are as follows:

  1. The Finance Bill, 2016
  2. The Appropriation (No.2) Bill, 2016
  3. The Insolvency & Bankruptcy Code, 2016
  4. The Rajendra Central Agricultural University Bill, 2015
  5. The Indian Trusts (Amendment) Bill, 2015

The Minister for Parliamentary Affairs, Mr. Mukhtar Abbas Naqvi thanked all the members of the upper house (Rajya Sabha) for their support, who sat patiently till 8 pm to clear all the above mentioned bills. The above bills shall now go to the President, His Excellency, Mr. Pranab Mukherjee, for his approval and shall be become Acts under the Constitution of India.

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