Parliament session alert winter session 2017

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Parliament Session Alert Winter Session: December 15, 2017 – January 05, 2018 Highlights  The Winter Session of Parliament is to be held between December 15, 2017 and January 05,

2018. There will be a total of 14 sittings.  The agenda for legislation includes 25 Bills for consideration and passing. 14 Bills are listed for introduction, consideration and passing. One Bill is listed for withdrawal. We list these below:

Bills listed for consideration and passage Key Objectives

Introduced on

Status

The Financial Resolution and Deposit Insurance Bill, 2017

Establishes a Resolution Corporation to monitor financial firms, anticipate risk of failure, take corrective action, and resolve them in case of such failure.

10 Aug 2017 Lok Sabha

Referred to JPC to submit report by first week of the Winter Session

The Companies (Amendment) Bill, 2016

Amends various provisions of the 2013 Act in relation to subsidiaries, remuneration of management, and independent directors.

16 Mar 2016 Lok Sabha

Standing Committee Report on 7 Dec 2016. Passed by Lok Sabha on 27 July 2017

The National Bank for Agriculture and Rural Development (Amendment) Bill, 2017

Empowers the government to increase authorised capital of NABARD from Rs 5,000 crore to Rs 30,000 crore and transfers RBI’s equity in NABARD to the government.

5 Apr 2017 Lok Sabha

Passed by Lok Sabha on 3 Aug 2017

The State Banks (Repeal and Amendment) Bill, 2017

Repeals the State Bank of India (Subsidiary Banks) Act, 1959, and State Bank of Hyderabad Act, 1956 after the acquisition of the five subsidiary banks by the State Bank of India.

21 Jul 2017 Lok Sabha

Passed by Lok Sabha on 10 Aug 2017

The Right of Children to Free and Compulsory Education (Second Amendment) Bill, 2017

Empowers the government to detain a child in class 5, 8, or both, and provides an opportunity for re-examination to the child before being detained.

11 Aug 2017 Lok Sabha

Standing Committee granted time upto 21 Feb 2018

The Indian Institutes of Management Bill, 2017

Declares the Indian Institutes of Management as institutions of national importance and allows grant of degrees.

9 Feb 2017 Lok Sabha

Passed by Lok Sabha on 28 Jul 2017

The National Sports University Bill, 2017

Establishes a National Sports University in Manipur.

10 Aug 2017 Lok Sabha

Standing Committee granted time upto 21 Feb 2018

The Indian Institute of Petroleum and Energy Bill, 2017

Establishes the Indian Institute of Petroleum and Energy and declares the institute as an institution of national importance.

18 Jul 2017 Lok Sabha

Passed by Lok Sabha on 4 Aug 2017

Short Title Finance

Education

Kusum Malik kusum@prsindia.org

Jhalak Kakkar jhalak@prsindia.org

December 12, 2017

PRS Legislative Research  Institute for Policy Research Studies 3rd Floor Gandharva Mahavidyalaya  212 Deen Dayal Upadhyaya Marg  New Delhi – 110002 Tel: (011) 2323 4801-02, 4343 4035-36 www.prsindia.org


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