Parliament: Ukraine War Impacting Fuel Price Hike in India, Says FM Sitharaman
Catch all the live updates from the Budget Session of the Parliament here.
The Budget Session of the Parliament. Representational image.
(Photo: PTI)
Stating that the war in Ukraine is having an impact on all the countries, Finance Minister Nirmala Sitharaman, during a discussion on Appropriation Bill 2022, and Finance Bill 2022, on Tuesday, 29 March, held responsible the disruption in supplies for the ongoing price hike in fuel.
Later, the Appropriation Bill 2022 and The Finance Bill 2022 were returned by the Rajya Sabha.
Earlier, four Trinamool Congress MPs gave suspension notices in Rajya Sabha to discuss the price rise in the country.
This comes a day after the Opposition on Monday demanded a rollback in prices of fuel and cooking gas, which have seen seven hikes since 22 March, and sought a statement from Prime Minister Narendra Modi in the Parliament.
The Lok Sabha Business Advisory Committee has agreed to hold a discussion on the rise in fuel prices this week, under Rule 193
The second leg of the session is scheduled from 14 March to 8 April
Standing committees evaluated budgetary allocations in the recess after the first leg ended on 11 February
The Finance Bill, 2022 was introduced in the Rajya Sabha by Union Minister Niramala Sitharaman on Monday
(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)
Congress MP Gives Adjournment Motion to Discuss Delhi Pollution in LS
Congress MP Manickam Tagore gave an adjournment motion in Lok Sabha, appealing to discuss 'the rank of New Delhi as the most polluted capitals in 2021, as per World Air Quality Report'.
4 TMC MPs Give Suspension Notices Over Price Hikes of Essential Commodities
Four TMC Rajya Sabha MPs, namely Md. Nadimul Haque, Dr Santanu Sen, Mausam Noor, and Abir Ranjan Biswas, have given suspension notices under Rule 267, over the ‘urgent need to check Price Rise in Essential Commodities'.
34 Persons From Outside J&K Have Bought Properties in the UT
Ministry of Home Affairs informed the Lok Sabha that 34 persons from outside Jammu and Kashmir have bought properties in the Union Territory after the abrogation of Article 370.
These properties are located in Jammu, Reasi, Udhampur and Ganderbal districts in the Union Territory.
E-Visa Restored for Nationals From 156 Countries: MoS Nityanand Rai
MoS Home Nityanand Rai informed the Lok Sabha on Tuesday, that prior to the suspension of e-Visa in March 2020 due to the COVID-19 pandemic, the facility was available to nationals of 171 countries under 5 sub-categories.
However, the facility was suspended during the pandemic. Now, the e-Visa facility has been restored to nationals of 156 countries out of the previous 171.
Rai said that the facility is granted to nationals of various countries after taking into consideration, "inter-alia, issues of security, inbound tourism & investments, bilateral relations etc."
He added that the extension of this facility is an ongoing process which is done after appropriate consultations with all stakeholders.
466 FCRA Renewal Applications Refused Since 2020: MHA
Total 466 of renewal applications under the Foreign Contribution Regulation Act, 2010 (FCRA, 2010) have been refused since 2020, MoS Home Nityanand Rai informed the Lok Sabha on Tuesday.
He said that 100 applications were refused in 2020, 341 in the year 2021, and 25 in the year 2022 (as on 21 March).
The refusal of these applications was due to not fulfiling the eligibility criteria in accordance with the provisions of the FCRA, 2010 and rules made thereunder, Rai added.
FM Sitharaman Addresses the RS on Appropriation Bill & Finance Bill 2022
During a discussion on Appropriation Bill 2022, and Finance Bill 2022, Finance Minister Nirmala Sitharaman said that now, like the pandemic, there is a "a full-blown war in Ukraine" which she said is "not some war in some corner of the world", but is having an impact on all countries.
Stating that this impact is a disruption to many supplies, she added, "The value chains are all broken, newer markets are emerging, at the same time old markets are all caught up in a situation where nothing is normal."
The finance minister also informed that in the past sevem years and nine months of Prime Minister Narendra Modi's government, till December 2021, the Foreign Direct Investment (FDI) into India has been USD 500.5 billion.
She said that this was about 65 percent higher than the FDI inflows during the "entire 10-year regime of the UPA".
Appropriation Bill 2022, Finance Bill 2022 Returned by RS
The Appropriation Bill 2022 and The Finance Bill 2022 were returned by the Rajya Sabha on Tuesday.
Rajya Sabha Adjourned Till Tomorrow
Rajya Sabha was adjourned on Tuesday and will resume at 11 am on 30 March.
Lok Sabha Adjourned Till Tomorrow
The Lok Sabha has been adjourned till 11 am on Wednesday.