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.
Sharif Chacha's claim to fame is rather unconventional. For years, he has been burying and cremating unclaimed dead bodies in Ayodhya. He has cremated/ buried over 25,000 dead bodies so far.
Among the dignitaries present on the occasion were Vice President N. Venkaiah Naidu, Prime Minister Narendra Modi and Union Home Minister Amit Shah. This year, the list of Padma awards consists of seven Padma Vibhushans, 10 Padma Bhushan, and 102 Padma Shri.
The problems in the Punjab Congress seem to be far from over as the Channi government is being constantly cornered by its own state party chief Navjot Singh Sidhu and the top leadership has failed to evolve a consensus among the warring factions.
The arrested man has been identified as Yudhvir Singh of Jandiala Guru in Amritsar. He was a proclaimed offender and wanted in various NDPS cases. The police also recovered a high-end car from the accused.
In a major decision to regularise the services of nearly 36,000 employees ahead of the Assembly elections, the Punjab Cabinet on Tuesday approved the Punjab Protection and Regularisation of Contractual Employees Bill, 2021 to be introduced in the forthcoming Vidhan Sabha session for enactment.
The Punjab Cabinet on Tuesday accepted the resignation of Advocate General A.P.S. Deol -- a decision that is seen in political circles as lessening the "friction" between Chief Minister Charanjit Channi and Congress state chief Navjot Sidhu.
