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Rajya Sabha logged 80% productivity, Lok Sabha 78% this session
13 August 2017, 02:32 | Darnell Patrick
Mr P Chidambaram asked if RBI will reveal the cost of printing new notes and destroying old ones
According to the data provided by the secretariats of the two houses, the Lok Sabha's productivity was 77.94 per cent, significantly down from 114 per cent during the Budget Session.
The Rajya Sabha passed nine bills and conducted debates on a number of crucial issues like lynchings and the agrarian crisis facing the country.
Parliamentary Affairs Minister Ananth Kumar said that the government was happy with the session's outcome.
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During the monsoon session, the House passed nine government Bills including the Footwear Design and Development Institute Bill; the Admiralty (Jurisdiction and Settlement of Maritime Claims) Bill; the Collection of Statistics (Amendment) Bill; and the National Institutes of Technology and Science Education and Research (Amendment) Bill. The lower House, however, passed more bills as compared to the upper House which spent more time on non-legislative business. In between, there were holidays, there was the Presidential election, obituary references, and there was also a day dedicated to discussion on the Quit India movement. Both Houses tried to make up for lost time by sitting beyond their scheduled hours, but still fell short.
While the Lok Sabha spent more time debating these Bills, Rajya Sabha undertook discussions on various topics including India's foreign policy, recent floods in the country and incidents of mob violence and lynching. As a result, a lesser number of questions could be answered orally. After Question Hour and papers were laid, the Speaker adjourned the house sine die. The Lok Sabha was non-functional for two days for Vinod Khanna and Sanwar Lal Jat.
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During the session, only the Financial Resolution and Deposit Insurance Bill, 2017 was introduced and referred to a joint committee of parliament. She said during these period, the House passed Supplementary Demands for Grants (General) and Demands for Excess Grants (General). It was also pointed out that with the repeated formation of joint committees to examine Bills, the system of Department Related Standing Committees was being subverted and weakened.
Kumar said the Jammu and Kashmir Assembly passing the Goods and Services Tax was a historic achievement.
These Bills were sent to the Rajya Sabha on August 2, but could not be taken up for consideration but were not returned to the Lok Sabha.
This session saw eight discussions in total being taken up in both Houses.
Introducing the bill in the Rajya Sabha, Union Finance Minister Arun Jaitley said the delay in the legislation to empower the Reserve Bank of India (RBI) to direct lenders to act against big defaulters was hindering the banks' capacity to support growth.
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In the eastern city of Biratnagar, the airport was closed after the runway was submerged in half a metre of water. Monsoon rains from June to September are important for farm-dependent Nepal, but they also cause havoc each year.
US, France pledged to work to denuclearize North Korea
The influence of China in Pyongyang seems to be greatly reduced since Kim Jong Un became the North Korean leader in December 2011. Professor Lucas said: "The Chinese and the USA have been talking behind the scenes for months about what to do".
Markets slide, dollar slumps as North Korea fears spike
Crude oil futures are slipping USD0.10 to USD48.49 a barrel after tumbling USD0.97 to USD48.59 a barrel on Thursday. The dollar index .DXY, which tracks the greenback against six rival currencies, was down 0.17 percent to 93.391.
Gold buoyed by North Korea tensions, U.S. inflation data
Against the greenback, the Swiss franc eased about 0.1 percent to 0.9645 per dollar, having surged about 1.1 percent on Wednesday. President Trump says North Korea has "disrespected our country greatly", adding his "fire & fury" warning "wasn't tough enough".