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General Insurance Amendment Bill passed in Rajya Sabha despite Opposition’s anti

On Wednesday the contentious General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed in Rajya Sabha even though the Opposition continued its demands of sending legislation to a select committee for review. The bill would allow the government to drop down its share in private sector insurance companies. This would lay down the path for more private sector participation. The bill had already been passed in the Lok Sabha on August 2.  National Commission for Homoeopathy (Amendment) Bill, 2021 and the National Commission for Indian System of Medicine (Amendment) Bill, 2021 were both passed in the Rajya Sabha on Wednesday. On Wednesday the contentious General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed in Rajya Sabha even though the Opposition continued its demands of sending legislation to a select committee for review. The bill would allow the government to drop down its share in private sector insurance companies. This would lay down the path for more private sector participation. The bill had already been passed in the Lok Sabha on August 2.  National Commission for Homoeopathy (Amendment) Bill, 2021 and the National Commission for Indian System of Medicine (Amendment) Bill, 2021 were both passed in the Rajya Sabha on Wednesday.  […]

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