Bill & Acts Current Affairs

Amendment of Companies Act to promote ease of doing business

The Lok Sabha passed the Companies Act (Amendment) Bill, 2020, which decriminalises a number of technical and filing-related corporate offences. It also allows direct listing of Indian companies on foreign stock exchanges and revokes the criminal provisions added to the Companies Act for violations of provisions of corporate social responsibility rules. Daily Current Affairs Quiz […]

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Lok Sabha passed the Essential Commodities (Amendment) Bill, 2020

Lok Sabha passed the Essential Commodities (Amendment) Bill, 2020 which seeks to deregulate food items, including cereals, pulses and onion, a move aimed at transforming the farm sector and raising farmers’ income. Daily Current Affairs Quiz 2020 Key-Points The Bill seeks to amend the Essential Commodities Act, 1955 and empowers the central government in terms

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National Commission for Homoeopathy Bill 2020

Parliament has passed the National Commission for Homoeopathy Bill, 2020 and the National Commission for Indian System of Medicine Bill, 2020 with the Lok Sabha approving them. Daily Current Affairs Quiz 2020 Key-Points The National Commission for Homoeopathy Bill, 2020 seeks to repeal the Homoeopathy Central Council Act, 1973 and to set up a National

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National Food Security Act 2013

The Department of Food and Public Distribution under Ministry of Consumer Affairs, Food & Public Distribution has sent letters to States Governments/UTs to include all eligible disabled persons under the National Food Security Act 2013. Daily Current Affairs Quiz 2020 Key-Points Section 38 of the Act mandates that the Central Government may from time to

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Insolvency and Bankruptcy Board of India Regulations, 2016

The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Third Amendment) Regulations, 2020. Daily Current Affairs Quiz 2020 Key-Points The Regulations require the committee of creditors to fix the fee payable to the liquidator. Where the fee has not been fixed by the committee of creditors,

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About 82% decline in triple talaq cases since law passed in 2019

The month of August is recognised as a “Month of Revolution, Rights & Reforms” in the Indian history; 08th August Quit India Movement, 15th August Independence Day, 19th August “World Humanitarian Day”, 20th August “Sadbhavana Diwas”, 370 was abolished on 5th August, these days have been written in golden pages of the Indian History. Daily

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Consumer Protection Act, 2019 comes into force

The Consumer Protection Act, 2019 comes in to force from 20th July 2020. The Act includes establishment of the Central Consumer Protection Authority (CCPA) to promote, protect and enforce the rights of consumers. Daily Current Affairs Quiz 2020 Key-Points The Act will also be empowered to conduct investigations into violations of consumer rights and institute

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Rajya Sabha passed 2020 JK Appropriation Bills

The Rajya Sabha has approved a bill for the budget of Rs 1-lakh crore for the Union Territory of Jammu and Kashmir for 2020-21. After approval, the bill was returned to the Lok Sabha. Only 10 per cent of the funds will be spent for security purposes in the union territory and the remaining have

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Lok Sabha passed the Finance Bill 2020 without discussion

The Lok Sabha has passed the Finance Bill by voice vote without discussion, amid ruckus in the House with opposition parties seeking a fiscal stimulus package in the wake of the Coronavirus outbreak. In the Union Budget 2020-2021, the government proposed to spend Rs 30,42,230 crore in the next financial year, 12.7% higher than the

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Central Sanskrit Universities Bill, 2020

The Central Sanskrit Universities Bill, 2020 has been passed by the Parliament after it was passed by Rajya Sabha. This bill will convert (i) Rashtriya Sanskrit Sansthan, New Delhi, (ii) Shri Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeeth, New Delhi, and (iii) Rashtriya Sanskrit Vidyapeeth, Tirupati into Central Sanskrit Universities. Daily Current Affairs Quiz 2020 Sanskrit

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