NEW DELHI: Parliament is set for a packed agenda today, with several significant bills including Banking Laws Bill, slated for introduction, consideration, and passing in both the Lok Sabha and Rajya Sabha.
Union Finance Minister Nirmala Sitharaman will move the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha. The Bill seeks to amend key legislations, including the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, and the Banking Companies (Acquisition and Transfer of Undertakings) Acts of 1970 and 1980.
Union Railways Minister Ashwini Vaishnaw will present a Bill to amend the Railways Act, 1989, while Sarbananda Sonowal, Union Minister of Ports, Shipping & Waterways, will introduce the Coastal Shipping Bill, 2024.
This legislation aims to regulate coastal shipping, promote coasting trade, and enhance domestic participation to build a coastal fleet owned and operated by Indian citizens for national security and commercial needs.
External Affairs Minister
Union External Affairs Minister S. Jaishankar is expected to address “Recent Developments in India’s Relations with China,” while Jayant Chaudhary will update the House on the implementation of recommendations from the Standing Committee on Labour, Textiles, and Skill Development regarding the SANKALP Project.
Meanwhile, in the Rajya Sabha, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri will move the Oilfields (Regulation and Development) Amendment Bill, 2024, for consideration and passing. Civil Aviation Minister Kinjarapu Rammohan Naidu is expected to move the Bharatiya Vayuyan Vidheyak, 2024, addressing regulation and control over the design, manufacture, and operation of aircraft.
The winter session of Parliament, which began on November 25 and runs until December 20, has faced disruptions over opposition demands for discussions on Adani-related issues. However, today’s proceedings are expected to focus on the legislative agenda, with multiple ministers also set to table papers and correct past statements in both houses.