Union Minister of Agriculture and Farmer Welfare Narendra Singh Tomar moved two agriculture sector Bills in the Rajya Sabha on Sunday. These Bills are -- Farmers' and Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020 and Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Bill, 2020. Both of them were passed by the Lower House with a voice vote a couple of days back.
Hailing the passage of the bills, Prime Minister Narendra Modi had described this proposed legislation as historic and said that they will rid farmers and the farm sector of middlemen and other bottlenecks. The Prime Minister further stated that these agrarian reforms will open new doors for farmers to sell their produce, which will fetch them more profit for their produce.
Farmers in Haryana began their three-hour protest against the agriculture-related farm bills on Sunday. The farmers have started to gather at various places in the state amid elaborate security arrangements which have been made to ensure that the event passes off smoothly. The Bharatiya Kisan Union's Haryana unit, supported by some other farmer outfits, is holding a statewide protest against the Centre's farm bills during which they will block roads for three hours from 12 pm to 3 pm.
The farmers are also joined by the 'arhitiyas' or commission agents during their protest.
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04:40 PM
PSBs report frauds worth over Rs 19,964 cr in Apr-Jun, says RBI
Public sector banks (PSBs) reported frauds worth over Rs 19,964 crore in total 2,867 cases during the April-June quarter of the ongoing fiscal year, according to a reply to an RTI query. The country's largest lender State Bank of India (SBI) saw the highest number of fraud cases; however, Bank of India was the worst hit in terms of value, as per a reply from the Reserve Bank on frauds reported by these lenders to RTI activist Chandra Shekhar Gaur.
Of the 12 PSBs, SBI reported the maximum 2,050 fraud cases involving Rs 2,325.88 crore during April-June 2020.
Bank of India took the biggest hit in terms of valuation at Rs 5,124.87 crore in 47 cases, followed by Canara Bank Rs 3,885.26 crore in 33 cases, Bank of Baroda Rs 2,842.94 crore in 60 cases, Indian Bank Rs 1,469.79 crore in 45 cases, Indian Overseas Bank Rs 1,207.65 crore in 37 cases and Bank of Maharashtra Rs 1,140.37 crore in 9 cases.
04:25 PM
It is a landmark day: Rajnath Singh on passage of farm bills in Rajya Sabha
Defence Minister Rajnath Singh hailed the passage of two big ticket farm bills by Rajya Sabha on Sunday, calling it a "landmark day" for India's agriculture sector and farmers.
While major opposition parties are against the bills, the government has been maintaining that the proposed legislations will help small and marginal farmers secure competitive prices for their produce.
"With the passing of two landmark agriculture Bills in Rajya Sabha today, India has cemented the strong foundation for Atmanirbhar Agriculture'," the defence minister tweeted.
04:11 PM
Trump backs TikTok deal involving Oracle and Walmart
US President Donald Trump has announced a proposed deal on TikTok involving two American companies - Oracle and Walmart that would allow the US operations of the Chinese video sharing application, which was placed on a ban list due to security concerns.
The deal mandates the creation of a new American company -- incorporated in Texas -- and the prospect of 25,000 new jobs. Further, TikTok will give USD 5 billion to fund the education of American youths.
03:56 PM
A watershed moment in history: PM Modi on farm bills
03:44 PM
Ashiana Housing to invest nearly Rs 400 cr on new housing projects
Realty firm Ashiana Housing will invest around Rs 400 crore over the next four years on new housing projects that it plans to launch during this fiscal year, and is also looking for partnerships with landowners for expansion of its business, a top company official said.
In an interview with PTI, Delhi-based Ashiana Housing's MD Vishal Gupta said housing sales are recovering gradually post lockdown. "We will launch over 14 lakh sq ft area during this financial year. This will be new phases in existing projects as well as entirely new projects," Gupta said.
03:28 PM
Opposition members sit in protest inside RS after House adjourned
The Congress and other opposition party member sat in protest inside Rajya Sabha even after the House was adjourned for the day after the passage of two farm bills.
Members of the Congress, Trinamool Congress, DMK, Left parties and some others sat in protest inside the Rajya Sabha chamber even after it was adjourned.
The House sitting ends at 1 PM and Rajya Sabha chamber has to be sanitised by 3 PM when Lok Sabha sits for a session. Both the chambers of Lok Sabha and Rajya Sabha are being used for each House to allow members to follow physical distancing norms.
Congress chief whip in Rajya Sabha told PTI that the opposition members will continue to sit in Rajya Sabha chamber till 3 PM to lodge their protest against the government's attitude.
03:03 PM
MHA calls meet to discuss 3 key issues of Assam; Shah, Sonowal to attend
Union Home Ministry has convened a high-level meeting here on Sunday to discuss three key issues of Assam -- the NRC, demand for granting ST status to six communities and report of a committee set up for implementation of a vital clause of the Assam Accord, officials said.
A team of top functionaries of the Assam government, led by Chief Minister Sarbananda Sonowal, has arrived in Delhi for the meeting. Union Home Minister Amit Shah and top officials of the home ministry will attend it.
02:40 PM
Karnataka's new industrial policy to push mobile production in state to Rs 30K cr: ICEA
The new industrial policy of Karnataka is expected to push mobile production in value terms in the state to Rs 30,000 crore and create 120,000 jobs by 2023, mobile handset and electronics body ICEA said on Sunday.
In August, Karnataka announced New Industrial Policy (NIP) 2020-25 which has a provision to incentivise mobile manufacturing.
The India Cellular and Electronics Association (ICEA), whose members include Apple, Winstron, Lava, among others, said specific policy incentives such as production linked incentive of 1 per cent of annual turnover during the policy period for five years is a welcome and bold step by the state government.
02:23 PM
Karnataka: NDRF carries out rescue operation in Udupi
02:03 PM
Chaos in Rajya Sabha as it pushes for passage of two farm bills
Rajya Sabha on Sunday witnessed uproarious scenes when some opposition members led by the TMC climbed on to the chairman's podium as the government pushed for the passage of two contentious farm bills.
Slogan-shouting opposition members, including those from the TMC, Congress and Left, created ruckus after Deputy Chairman Harivansh did not consider their demand for a division of votes on a resolution to send the two bills to a select committee.
Amid the ruckus, the House was adjourned briefly.
Earlier, Congress leader Ghulam Nabi Azad demanded that reply to the debate on the two bills be postponed for tomorrow as the scheduled time for sitting on Sunday was over.
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