Lok Sabha Live Updates | Indian retail investors and markets should appreciate their shock absorbing ability to buy: FM Nirmala Sitharaman

The Constitution (SC/ST) Orders (Amendment) Bill, 2022 was passed in the lower house on the 14th day of the second part of the budget session.

The Indian Antarctic Bill was also introduced in the House by Earth Sciences Minister Jitendra Singh.

Today the members will continue their discussion on promotion of sports in India.

Union Home Minister Amit Shah will introduce the Criminal Procedure (Identity) Bill, 2022 for consideration and passing.

Here are the latest updates:

11:50 am

Discussion on scholarship for SC/ST students in the House

Responding to Congress MP K Suresh’s question regarding the pendency of central government scholarships for eligible Scheduled Caste (SC) and Scheduled Tribe (ST) students, the Education Minister said that the scholarship will be available through Direct Benefit Transfer (DBT). was distributed from He informed the House that as per the data available with him, the respective states were not releasing matching grants. The Education Minister told the House that as soon as the states release their share, they will distribute the amount.

He assured the House to ensure a clean and transparent mechanism and based on Direct Benefit Transfer.

11:35 am

Must appreciate Indian retail investors and their shock absorbing ability to buy into Indian markets: Finance Minister Nirmala Sitharaman

Responding to Thiruvananthapuram MP Shashi Tharoor’s concerns regarding the exclusion of Foreign Portfolio Investors (FPIs) and Foreign Institutional Investors (FIIs) from the country, Finance Minister Nirmala Sitharaman said by her very nature, FPIs and FIIs from interest rates elsewhere Can be very tempting. And possibilities elsewhere. He said foreign direct investment (FDI) inflows should be considered. The Finance Minister told the House that FDI continued during this period and even thereafter.

She said Indian retail investors deserve praise for developing a capable shock absorbing capability and investing money in the stock markets in India.

11:10 am

Philbhit MP Varun Gandhi asked about government’s plans to increase air quality monitoring outside Delhi

The Philbhit MP said 63 out of 100 cities classified as the most polluted cities on earth were in India. Stating that 33% of air quality monitors were located in and around Delhi, he asked the environment minister to explain the government’s plans to increase air quality monitoring in other parts of the country.

In response, Environment, Forest and Climate Change Minister Bhupendra Yadav told the House that 1,213 air quality devices were operating in 465 cities and 26 rural areas across India. They were set up keeping in mind the air quality in the country, he said.

11:00 am

House discusses GST for health insurance

Congress MP Benny Behanan and Shiv Sena MP Shrikant Eknath Shinde questioned the Finance Ministry whether they would consider giving exemption with respect to GST on health insurance. In response, Minister of State for Finance Pankaj Choudhary said that the government has reduced the GST on COVID-related drugs and equipment from 12% to 5%. On the expansion of health insurance coverage, Mr. Choudhary said that the government has launched various insurance schemes under Ayushman Bharat. He told about the total coverage that 66% is funded by central government schemes.

11:00 am

Proceedings begin with the lower house. question hour is on

10.30 am

business list

1. Union Home Minister Amit Shah will introduce the Criminal Procedure (Identity) Bill, 2022 for consideration and passing.

2. Further discussion on the need to promote sports in India and the steps taken by the government in this regard.

3. Papers and Reports to be laid on the Table of the House.

4. Question Hour

at 10.00 am

Day 14 Recap

On April 1, 2022, the Constitution (SC/ST) Orders (Amendment) Bill, 2022 was passed in the Lok Sabha.

Tribal Affairs Minister Arjun Munda said the Bill seeks to include Gond, Dhuria, Nayak, Ojha, Pathri and Rajgond communities living in Sant Kabir Nagar, Kushinagar, Chandauli and Sant Ravidas Nagar districts in the list of Scheduled Tribes in Uttar Pradesh. has been attempted.

It also seeks to exclude the Gond community living in these four districts from the list of Scheduled Castes.

The Indian Antarctic Bill was also introduced in the Lok Sabha by Earth Sciences Minister Jitendra Singh amid opposition to the government enacting a law to control the icy continent, which he argues was “no man’s land”. The Bill seeks to extend the application of domestic laws to research stations established by India in the Antarctic region.

Lok Sabha MPs introduced private bills related to issues of public interest like reorganization of Maharashtra state, amendment in IPC, additional bench of High Court, unemployment allowance under occupation of private member.