Deccan Chronicle

Row over anti-chit fund bill

- SANTANU CHOWDHURY | DC KOLKATA, APRIL 29

A day before Mamata Banerjee government is set to propose a new bill that aims to curb the ponzi scheme menace across the state, Opposition parties voiced their displeasur­e over the rejection of the old bill without any proper justificat­ion.

Leader of the Opposition Surya Kanta Mishra on Monday questioned the state government’s decision to introduce a new bill to monitor the activities of ponzi scheme companies, which was extremely similar to the bill that the Left Front had passed in the Assembly way back in 2009.

“There are 90 per cent similariti­es between the proposed bill and the old bill. Then what is the need for the new bill?” he asked.

Mr Mishra also demanded that the government should clarify the reasons why it had withdrawn the old bill. He claimed that in the constituti­on there was no provision to call back a bill which had been passed by the Assembly.

Echoing Surya Kanta Mishra, Congress leader Manas Bhuinya said, “Around 98 per cent of the contents of the proposed bill have provisions of the previous bill tabled by the Left Front. If implemente­d the bill would have no power to punish the fraudulent companies.”

However, state commerce and industries minister and deputy leader of the House Partha Chatterjee said that the Left Front had failed to get the Presidenti­al assent after the bill was passed in the Assembly in 2009.

 ??  ?? A Congress activist shows her shoe to police personnel after being detained in front of Writers Building, while protesting against chit fund scam in Kolkata on Monday.
A Congress activist shows her shoe to police personnel after being detained in front of Writers Building, while protesting against chit fund scam in Kolkata on Monday.

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