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Parliament adjourned sine die. Here's a list of major bills passed

The Rajya Sabha passed the Banking Regulation (Amendment) Bill 2020 through a voice vote on September 22


BS Web Team New Delhi
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The Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020, was promulgated in March, however, received parliamentary approval on September 22, 2020.

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Parliament approved the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020 on September 21, to protect Covid-19-stressed companies from being pushed into insolvency under the code.

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The two Bills — Farmers Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020, and the Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020 — allow farm trade outside mandis and contract farming. Along with the Essential Commodities Act amendment, these Bills are expected to pave the way for investment in the agriculture sector and increase farmer engagement.

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The Rajya Sabha passed the Banking Regulation (Amendment) Bill 2020 through a voice vote on September 22. It allows RBI to undertake amalgamation or reconstruction of a bank without placing it under moratorium.

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The Bill seeks amendment to the Epidemic Diseases Act, 1897 and will replace the Epidemic Diseases (Amendment) ordinance, 2020 which was promulgated by the President on April 22 this year in order to provide protection to health care service personnel, their living premises as well as their workplaces against any violence during the course of a pandemic.

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The Salary, Allowances and Pension of Members of Parliament (Amendment) Bill, 2020 aims to reduce the salaries of MPs by 30 per cent, while the Salaries and Allowances of Ministers (Amendment) Bill, 2020. The bill reduces the sumptuary allowance of Ministers by 30 per cent.

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The Essential Commodities (Amendment) Bill, which was approved by the lower house on September 15, was approved by a voice vote in Rajya Sabha.

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Amid Opposition boycott of proceedings over suspension of eight MPs, Rajya Sabha unanimously passed The Foreign Contribution (Regulation) Amendment Bill, 2020.

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First Published: Sep 24 2020 | 1:46 PM IST

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