Hindustan Times (Lucknow)

RS starts on a promising note, passes two bills

- HT Correspond­ent letters@hindustant­imes.com

NEW DELHI: The Rajya Sabha overcame an initial spell of disruption­s to pass two bills and transacted a full question hour on Wednesday, the opening day of the Monsoon session.

One of the bills is about the merger of six subsidiary banks with the State Bank of India (SBI) and another allows the central government to requisitio­n immovable property (or land) for any public purpose.

In the last two sessions, the Upper House took up Question Hour only on six days. It managed to conduct Question Hour on only one day in the Budget session.

The prospect of House’s performanc­e looks brighter this session. Senior officials revealed that during the allparty meeting on Tuesday, Rajya Sabha chairman Venkaiah Naidu almost had an altercatio­n with Telugu Desam Party (TDP) member YS Chowdury when the latter spoke about the rights of a member to protest.

“(Venkaiah) Naidu gave a stern warning and told Chowdhury that he would take tough measure if Chowdhury or any of his party leaders tries to disrupt proceeding­s. That message was received,” said an official familiar with the matter on the condition of anonymity.

On Wednesday, the lawmakers belonging to the TDP, however, insisted that the discussion on special package for Andhra Pradesh should happen immediatel­y.

The chair responded by saying that for a discussion to take place, the minister concerned has to be ready.

Still, this did result in a small disruption and the house had to be adjourned.

Naidu quickly called another meeting in his chamber and there the opposition leaders and the government agreed on a detailed discussion next week on implementa­tion of the Andhra Pradesh Reorganisa­tion Act and the promises made to the State.

In the afternoon many members in the Upper House expressed concern over bad loans and “political influence” in the banking system while discussing the merger.

Responding to the almost two-hour debate, Minister of State (MoS) for Finance Shiv Pratap Shukla said the merger would make the State Bank of India profitable, improve its working capital and enable it to offer better services to its customers.

Initiating the debate, Congress’ Jairam Ramesh said “I would like the minister of state to give an authoritat­ive statement on the behalf of the government that privatisat­ion of banks or denational­isation of banks is not on government’s agenda.”

ONE OF THE BILLS IS ABOUT THE MERGER OF SIX SUBSIDIARY BANKS WITH THE SBI AND ANOTHER ALLOWS THE CENTRE TO REQUISITIO­N IMMOVABLE PROPERTY (OR LAND) FOR ANY PUBLIC PURPOSE

Newspapers in English

Newspapers from India