Of 97 bills that are languishing before India’s parliament, 10 would have a significant impact on business and investment, if passed. Chakshu Roy offers a foretaste of the key changes that can be expected
As the 15th Lok Sabha (the lower house of parliament) crosses the halfway point of its five-year term, it has a busy legislative agenda before it. There are 97 bills pending in the Indian parliament, each of which faces a potentially lengthy journey through the country’s legislative system.
For each bill, this journey begins with approval by the Union cabinet. The bill is then introduced by a minister, either in the Lok Sabha or the Rajya Sabha (the upper house of parliament). Money bills (relating to taxation matters or dealing with payment into or withdrawal of money from the consolidated fund of India) must be introduced in the Lok Sabha first, but all other bills can be introduced in either house of parliament.
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
Chakshu Roy works at PRS Legislative Research, an independent organization in New Delhi that provides non-partisan research support and analysis to members of parliament.
