Tag Archives: passed

Insurance bill passed in Lok Sabha

The Lok Sabha on Wednesday passed the insurance sector amendment bill, which seeks to hike the foreign equity cap on domestic companies from 26 percent to 49 percent, despite opposition protests. Formally called the Insurance Laws (Amendment) Bill, it seeks to replace an ordinance that was promulgated earlier. The bill now faces a crucial test in the Rajya Sabha, the ...

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RS Passes Bill on judicial Reforms

The Rajya Sabha on Thursday passed the National Judicial Appointments Commission Bill, 2014 that was referred by the Lok Sabha on Wednesday. The Bill  facilitates establishment of a Commission to appoint judges to higher judiciary. The 99th Constitution Amendment Bill seeks to set up the National Judicial Appointments Commission (NJAC) through another bill, replacing the old collegium system of appointing judges in ...

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