Bill to ban all cryptocurrencies to be tabled in Winter Session of Parliament
Darpan News Desk IANS, 23 Nov, 2021 12:14 PM
New Delhi, Nov 23 (IANS) The Union government will move a Bill which seeks to prohibit all private cryptocurrencies in India in the Winter Session of Parliament starting November 29.
It will be called The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021. However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its usage.
The government's objective is "to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India".
The Bill has been listed for introduction, consideration and passing in the Lok Sabha. It is among 26 new Bills, which are to be introduced in the Parliament session beginning November 29.
Prime Minister Narendra Modi had earlier said that all democratic countries need to work together on cryptocurrency and ensure that it does not end up in the wrong hands.
Giving an example of the virtual currency, he had said, "Take cryptocurrency or Bitcoin for example. It is important that all nations work together on this and ensure it does not end up in the wrong hands, which can spoil our youth."
Several high meetings have been held to discuss the regulation of cryptocurrencies. The Parliamentary Stnading Committee had also called for the regulation.
A video had gone viral of the SDM shouting out instructions to policemen to use force to stop the protesting farmers. Khattar had told a press conference that the officer's "choice of words was not correct" but said, "if any action has to be taken (against the officer), it would first have to be assessed by the district administration."
Speaking at a party function in Amritsar city, Sidhu said "if he is allowed to work according to his own policy of hope and faith, he will ensure Congress rule in the state for 20 years".
Of them, 2,35,768 challans were issued to those not wearing a mask, 28,539 to those found violating social distancing norms, 1,415 for consumption of liquor, pan, gutka, etc, 1463 for holding large public gatherings or congregations and 1,460 for spitting, the data showed.
The meeting comes in wake of some "rebel" MLAs seeking time from Sonia Gandhi to press for removal of Chief Minister Amarinder Singh, even as state chief Navjot Singh Sidhu is not letting up on attacks against the Chief Minister.
Aimed at better future planning and growth, keeping in tune with climate adaptation, mitigation and resilience, the Municipal Corporation of Greater Mumbai (MCGM) is developing the Climate Action Plan to be completed after public consultation in two months' time.
In line with this strategy Priyanka Gandhi Vadra on Thursday attacked the state government on the farmers' issue and said that 'the electricity rates for the farmers have increased many times, diesel rates have hiked over 100 times but there has been no increase in the rates of sugarcane'.
