Banking, pension Bills will be taken up in Budget session: Pranab
New Delhi, March 19:
The Finance Minister, Mr Pranab Mukherjee, said that crucial
pieces of legislation such as the Direct Taxes Code, the Bill for creating a
pensions regulator and banking reforms are likely to be taken up for
consideration and passage during the second leg of the current Budget session.
Mr Mukherjee also hinted at hiking diesel and cooking gas (LPG)
prices after the Budget session
Addressing newspersons after the post-Budget board meeting of the
Reserve Bank of India, Mr Mukherjee said, “After the Budget session of
Parliament is over, I shall discuss with various State governments, Chief
Ministers, leaders of political parties and try to work out an overall mechanism
through which we will be able to deal with some of the crucial issues for which
the collective support of all stakeholders are called for.”
He was replying in response to a query on what steps were being
taken to contain fuel subsidy, following hardening global oil prices.
Mr Mukherjee also said that the Government aims to bring those
pieces of legislation where the Standing Committee on Finance has given its
reports, for consideration and passage during the second leg of the Budget
session starting April 24.
The Committee has given its report on, among others, the Direct
Taxes Code, the Pension Bill, the Insurance Bill and the Banking Bill.
He has also requested the Chairman of the Standing Committee, Mr
Yashwant Sinha, to give a report on the Constitutional Amendment for the
introduction of the Goods and Services Tax during the monsoon session.
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