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Both Houses Adjourned; Wild Life (Protection) Amendment Bill Passed in Lok Sabha

Catch all the live updates on the Monsoon Session of Parliament here.

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Politics
10 min read
Both Houses Adjourned; Wild Life (Protection) Amendment Bill Passed in Lok Sabha
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Parliament Monsoon Session 2022 Live Updates: As Monsoon Session of the Parliament continues, Union Finance Minister Nirmala Sitharaman addressed the Rajya Sabha on the price rise debate in the House on Tuesday, 2 August.

"Indian economy, compared to the situation in many developing economies, is definitely better. That doesn't mean we're running away from saying... because of the imported supply chain problems and global commodity prices, we are being impacted. These are realities and we are here to answer on them," the finance minister said in the Upper House.

Both Houses have been adjourned for the day.

"I think this is happening for the first time in the history of independent India that the rural inflation of the country is more than the urban inflation," AAP MP Raghav Chadha had said during the debate.

In the Lok Sabha, the Wild Life (Protection) Amendment Bill, 2021 is up for consideration and passing.

Snapshot
  • The Monsoon Session, which began on 18 July, is scheduled to end on 12 August

  • Finance Minister Nirmala Sitharaman addressed the issue of price rise in the Lok Sabha, and said that there was no question of India falling into recession

  • The Rajya Sabha had passed the Indian Antarctic Bill, 2022, on Monday

  • The Rajya Sabha on Monday had also passed the Weapon of Mass Destruction Bill amid sloganeering by the members of the Opposition who were protesting against the arrest of Shiv Sena MP Sanjay Raut

  • Suspension of four Congress Lok Sabha MPs, who were suspended for the rest of the Monsoon Session, was revoked on the condition that they will not bring placards into the House

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7:55 PM , 02 Aug

Rajya Sabha Adjourned

The Rajya Sabha was adjourned after Finance Minister Nirmala Sitharaman's reply to the debate on price rise.

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7:45 PM , 02 Aug

'Have Contained Rates of Tomato, Onion, Potato': Finance Minister

"We have contained the prices of tomato, onion, and potato," said Sitharaman, comparing the rates of the same with those in November 2013, when the price of onion had touched Rs 100 a kilo.

"Whether I eat onions or not, we work to make sure it is affordable for everyone," she said.

7:18 PM , 02 Aug

'All States Agreed To Levy 5% GST on Labelled Food Items': FM Defends GST Policy

Finance Minister Nirmala Sitharaman, defending the levy on food items, said, "Every state taxed some or the other food items such as cereal, pulses, curd, lassi, buttermilk."

Here are some other related remarks made by her:

  • There is no GST on withdrawal of cash from banks

  • GST tax only on bank purchasing cheque book from printer; no tax on customer cheques

  • All states at the GST Council agreed to proposal to levy 5 percent GST on pre-packed, labelled food items; not one person who spoke against

  • No GST on hospital bed or ICU, tax only on room with Rs 5,000 per day rent

  • No GST on crematorium; tax only on construction of new crematorium

"The latest 47th meeting which was held in Chandigarh, it's a matter of record that all states agreed to the proposal. There was not even a single disagreement," she added.

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7:14 PM , 02 Aug

Lok Sabha Adjourned

The Lok Sabha was adjourned till Wednesday.


Published: 02 Aug 2022, 10:57 AM IST
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