Business
Budget Session: Different timings for Lok Sabha, Rajya Sabha in view of Covid
The Lok Sabha and Rajya Sabha will meet for 5 hours at different times of the day to ensure compliance with Covid distancing norms during the budget meeting which starts on January 31.
The Lok Sabha will meet on February 1 at 11 am to present the Union budget and will meet from February 2 to February 11 from 4 to 9 pm, when the first part of the meeting will be concluded.
The Lok Sabha announcement said that in view of the COVID-19 pandemic, the Lok Sabha and Rajya Sabha chambers and their galleries will be used for MPs to meet during the session of the Lower House of Parliament. While the exact time of the Rajya Sabha has not been officially notified, it is likely to hold a meeting from 9am to 2pm
On January 31, the president will address both houses of parliament. The second part of the session will be held from March 14 to April 8. But the timing of the second part of the meeting is unclear.
The Monsoon 2020 meeting is the first plenary meeting under the Covid protocol, with the Rajya Sabha meeting in the first half and the Lok Sabha in the second half. The same process was followed for the first part of the 2021 budget meeting.
For the second part of last year’s budget meeting, as well as the monsoon and winter sessions, the Rajya Sabha and Lok Sabha returned to normal hours, but members sat in the chambers and galleries of their respective houses to ensure physical distancing.
Complete News Source : moneycontrol
Following US SEC charges of bribery against Gautam Adani, opposition parties criticise PM Narendra Modi and call for a JPC investigation.
As billionaire Gautam Adani faces charges in the US for alleged bribery and fraud, the Opposition on Thursday intensified its attack on the Centre over its alleged links with the Adani Group.
Gautam Adani has been charged in the US with allegedly paying $250 million in bribes to Indian officials between 2020 and 2024 to secure favourable terms for solar energy contracts. The scheme, prosecutors said, could have earned Adani’s group over $25 billion in profits.
Congress demands JPC probe
Reacting to the charges, the Congress called for a Joint Parliamentary Committee (JPC) probe into alleged scams involving Adani’s conglomerate. The party also demanded the appointment of a “new and credible” Sebi chief to investigate Adani’s financial dealings and compliance with securities laws.
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Congress leader Jairam Ramesh said the US Securities and Exchange Commission’s (SEC) actions highlight the failure of Indian institutions to investigate the group. “The indictment vindicates Congress’s demand since January 2023 for a JPC into the Modani scams,” Ramesh wrote on X.
He accused Prime Minister Narendra Modi of shielding Adani and claimed Congress’s “Hum Adani Ke Hain Kaun” (HAHK) series had exposed the businessman’s alleged fraud and his ties with the PM.
The fact that it has taken a foreign jurisdiction to properly investigate Adani only shows how Indian institutions have been captured by the BJP, and how decades of institutional development have been undone by greedy and power hungry leaders, the Congress leader said in another post.
“All of this is consistent with a long record of fraud and criminality carried out with impunity with the obvious protection of the Prime Minister,” Ramesh charged.
Other Oppn leaders join attack
Other opposition leaders joined the attack. Trinamool Congress MP Saket Gokhale questioned the BJP’s involvement in Adani’s dealings and demanded an independent judicial probe.
Aam Aadmi Party leader Sanjay Singh accused PM Modi of allowing Adani to tarnish India’s global reputation.
ALSO READ- Adani Group shares plunge after US SEC charges, Adani Green down 16%
Adani stocks latest updates
The allegations rattled markets, with Adani Group stocks plunging. Adani Enterprises fell 20 per cent in pre-open trade, while shares of Adani Ports, Adani Green, Adani Power, and others dropped between 7 per cent and 18 per cent.
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