Contents
- 1 Rajya Sabha live updates | The Chartered Accountants Bill under discussion : Rashtra News
- 1.1 The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
- 1.2 The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
- 1.3 Concerns of all stakeholders need to be addressed: NCP MP Dr. Fauzia Khan
- 1.4 There have been objections to the bill across party lines: MP John Brittas
- 1.5 Why are CAs being singled out: YSRCP MP Ayodhya Rami Reddy Alla
- 1.6 Indian Institutes of Accounting an innovative idea: BJD MP Sujeet Kumar
- 1.7 Scope for service exports, bodies should be strengthened: BJP MP Suresh Prabhu
- 1.8 Non Chartered accountants should not be part of disciplinary committee: Congress MP Dr. L Hanumanthaiah
- 1.9 The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 taken up for discussion
- 1.10 Questions raised about food adulteration and nutritional information labelling
- 1.11 When will all Indians have second vaccine dose, asks Dr Santanu Sen
- 1.12 Will four lakh compensation be given for COVID deaths: Congress MP
- 1.13 Will the govt stop direct consumer advertising for healthcare, asks NCP MP
- 1.14 CSR funding discussion under way
- 1.15 Zero hour ends, question hour under way
- 1.16 Signboards in every state should have local language instructions: Naidu
- 1.17 Drinking water issue raised, HD Devegowda raises issue of scarcity in Bangalore
- 1.18 CUET does not take weaker students into account: CPI(M) MP
- 1.19 Adopt Mumbai bus model in Delhi: Shiv Sena MP
- 1.20 Amravati needs to be developed-TDP MP
- 1.21 Make Election manifesto legally binding: RJD MP
- 1.22 Asiatic lions vulnerable, need human-free area: Congress MP
- 1.23 Saudi Arabia needs to decide when Hajj yatra happens, not us: Mukhtar Abbas Naqvi
- 1.24 Opp Leader says price rise should be discussed, opposition says walk-out is only option
- 1.25 Criminal Procedure (Identification) Bill laid on table
- 1.26 House proceedings commence with oath and affirmation by two new members
- 1.27 List of Business
- 1.28 Day 15 recap
Rajya Sabha live updates | The Chartered Accountants Bill under discussion : Rashtra News
#Rajya #Sabha #live #updates #Chartered #Accountants #Bill #discussion
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 under discussion
Today’s list of business includes three bills, which have already been passed by the Lok Sabha, for consideration and passing in the Rajya Sabha.
Here are the latest updates:
2-25 p.m.
Concerns of all stakeholders need to be addressed: NCP MP Dr. Fauzia Khan
The intent is to regulate CA and CS but do we have the infrastructure and manpower to deal with the changes, asked Dr. Fauzia Khan, NCP MP from Maharashtra.
She also said that financial literacy among men and women should be increased, and financial education should be made a part of our national curriculum. She said that in this way the public can themselves become regulators.
2-04 p.m.
There have been objections to the bill across party lines: MP John Brittas
John Brittas, CPI (M) MP from Kerala pointed out that BJP MP Suresh Prabhu had also objected to the bill. He said that after hearing Prabhu, the Finance Minister must be thinking of withdrawing the bill and that cutting across party lines there have been objections to the bill.
He said that the government wanted to control these institutes and that they believe that bureaucratic control is the panacea to all ills. He urged the government to enrich autonomy and not cripple it.
1-58 p.m.
Why are CAs being singled out: YSRCP MP Ayodhya Rami Reddy Alla
Pointing out that judges are appointed by other judges and all decisions about the profession are made by judges, YSRCP MP Ayodhya Rami Reddy Alla asked why CAs are being singled out when other professions are being allowed to function in this manner while facing even more issues.
1-55 p.m.
Indian Institutes of Accounting an innovative idea: BJD MP Sujeet Kumar
BJD MP Sujeet Kumar spoke up in support of the bill. Disciplinary proceedings are non-adversarial and based on the principles of natural justice, he said, saying that he disagreed with the apprehensions about having non-CAs in the disciplinary committees. If a non-doctor can be a health minister, why can a non-CA not be a part of this committee, he asked.
He also agreed with the parliamentary committee suggestion to create Indian Institutes of Accounting similar to IITs and IIMs. He called it an innovative idea and said that it will end end statutory monopoly of the ICAI on the profession, thereby making the profession more inclusive.
1-35 p.m.
Scope for service exports, bodies should be strengthened: BJP MP Suresh Prabhu
BJP MP Suresh Prabhu from Andhra Pradesh said that the Institute of Chartered Accountants were not opposed to all provisions of the bill and raised some points against specific provisions of the bill. Can an issue about a medical procedure be decided by a non-medical professional, he asked, saying that having a non-chartered accountant sit in judgement may lead to unintended consequences.
He pointed out that there was a huge potential for service exports in all the financial services. There is a great opportunity for all these professional bodies, so they should be strengthened, he said.
Mausam Noor, AITC MP, started her speech by taking about how the bill prevents white collar crime but the house is not allowing discussion about the looting of the public due to the price rise. She was asked to stick to discussion of the bill.
She said that the term ‘misconduct’ has been defined vaguely under the bill, and said that this vagueness coupled with the presence of the government in these institutes may set a dangerous precedent in the future.
DMK MP P Wilson also outlined objections to the bureaucratic control of the bodies and asked about the independence of these bodies.
1-15 p.m
Non Chartered accountants should not be part of disciplinary committee: Congress MP Dr. L Hanumanthaiah
Dr. L Hanumanthaiah, Congress MP from Karnataka, outlined his objections to various provisions of the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022.
He pointed out that other professional bodies have professionals in charge, and questioned how can anyone apart from chartered accountants could unnderstand issues of this field. Non Chartered accountants should not be part of disciplinary committee because specialized knowledge is required, he said.
He also said that withdrawal of complaints should be allowed, but such provision has not been made in the bill.
1-00 p.m.
The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 taken up for discussion
The house continues to work over lunch after earlier discussion to do so given that only three working days remain to conclude legislative business.
Check out this comment for an insight into the bill
12-45 p.m.
Questions raised about food adulteration and nutritional information labelling
SP MP Jaya Bachchan said that many packages are not labelled or packaged properly and asked whether the government provide information to the public about where to complain and how many days it would take to resolve issues. She also said that children are the main consumers some of these products
Bharati Pawar, MoS of Health said that we always run awareness programmes through the ministry, including about nutritional details and food adulterations. She also pointed out that programmed like FitIndia are being run, and that complaints are also redressed.
BJP MP Mahesh Poddar also raised a question about the lack of labelling of harmful substances like fats, trans fats and asked if the government will take action to provide comprehensive information on labels so consumers can know if they are exceeding the limits. The MoS of Health pointed out that it was necessary to include this information on labels.
12-36 p.m.
When will all Indians have second vaccine dose, asks Dr Santanu Sen
Dr Santanu Sen, AITC MP from West Bengal, asked if the MoS for Health can give a specific date by which all Indian citizens will be vaccinated with both doses.
Bharati Pawar, MoS of Health, said that first dose has been given to 97% of people and second dose to 85% of people. She said that vaccinations are voluntary and hoped that everyone could work together and participate in this initiative.
12-30 p.m.
Will four lakh compensation be given for COVID deaths: Congress MP
Congress MP Shaktisinh Gohil said that the government had promised fours lakh rupees as compensation for COVID deaths and asked why this was reversed hours after the announcement and questioned whether this this money be given.
Bharati Pawar, MoS of Health, replied that arrangements had been made to take care of patients through insurance schemes for poorer patients. She also said that ex-gratia payments had been examined at central, state and district levels and it has been determined that the amount to be given is not four lakhs.
12-20 p.m.
Will the govt stop direct consumer advertising for healthcare, asks NCP MP
Dr. Fauzia Khan, NCP MP, pointed out that online healthcare aggregators have been pushing surgeries and tests without medical necessity and asked whether there was a plan to stop direct consumer advertising in this sector.
Bharati Pawar, MoS for Health said that she would reply with specific details, but pointed out that any discrepancies in prescriptions can be addressed at the hospital level.
12-05 p.m.
CSR funding discussion under way
Pointing out that CSR funding plays an important role in development of backward regions, MP Birendra Prasad Baishya asked how much money has been spent in northeastern states.
Rao Inderjit Singh, Minister of State for Corporate Affairs, said that they suggest that companies spend money not only in the area of operation but broadly throughout the country. We cannot direct any company to spend money in the northeast, he said.
12-00 p.m.
Zero hour ends, question hour under way
11-50 a.m.
Signboards in every state should have local language instructions: Naidu
Sukhendra Sekhar Ray, MP from AITC, speaking in Bengali, requested that signposts in Kolkata have instructions in Bengali.
Chairman Naidu agreed and said that the model should be that government signboards in every state should have mother tongue, state language, Hindi and English. He said he hoped the government will take note of this and respective agencies take required steps.
11-48 a.m.
Drinking water issue raised, HD Devegowda raises issue of scarcity in Bangalore
JD(S) MP HD Devegowda said that only 4.75 TMC of water was assigned to Bangalore, even though there are 1.30 crore people in Bangalore. We are suffering because of lack of drinking water he said.
11-45 a.m.
CUET does not take weaker students into account: CPI(M) MP
John Brittas, CPI(M) MP from Kerala questioned the merit of the Common University Entrance Test (CUET.)
He said that education is on concurrent list, but the Union takes unilateral decisions about education with no discussion with states. He pointed out that the UGC decided that CUET will be held and Standard 12 marks will not be taken into account. But students from weakest section are not considered because they cannot afford coaching and there is an inherent advantage for well-to do students. The CUET is against the cardinal principle of social justice, he said.
He also said that the distinct character of each university was not taken into account
11-32 a.m.
Adopt Mumbai bus model in Delhi: Shiv Sena MP
Shiv Sena MP Anil Desai said that Delhi needs the same kind of organization as the Mumbai bus system, as the capital city. Naidu said it was up to each state to adopt its own system, and this was a suggestion that Delhi could adopt.
11-30 a.m.
Amravati needs to be developed-TDP MP
TDP MP K Ravindra Kumar requested the central govt to urge public sector undertakings to establish their offices in Amravati and create employment for Andhra Pradesh residents.
11-25 a.m.
Make Election manifesto legally binding: RJD MP
Chairman Naidu said that all parties should come together to discuss this issue. “We have 75 years of experience by now,” he said.
11-22 a.m.
Asiatic lions vulnerable, need human-free area: Congress MP
Congress MP Rajani Patil said that lions in India are facing a lot of challenges. Reserves need to be human-free, she said, pointing out that Gir has only 250 sq km of human-free area, and other areas in Saurashtra are shared with humans.
She said that a proposed lion hospital is the last step in the process, and arrangements need to be made to protect the endangered species beforehand.
11-19 a.m.
Saudi Arabia needs to decide when Hajj yatra happens, not us: Mukhtar Abbas Naqvi
During Zero hour, Union minister for Mukhtar Abbas Naqvi said that the Hajj yatra is an international journey, and the government will follow what the Saudi Arabian government decides. He was replying to an incomplete question about the Hajj yatra after the pandemic years.
11-13 a.m.
Opp Leader says price rise should be discussed, opposition says walk-out is only option
MPs submitted notice of procurement of parboiled rice and also of price rise issue.
Chair Naidu said the discussion of price rise has already happened during the Finance Bill proceedings. Leader of Opposition Mallikarjun Kharge said that this issue needs to discussed given its impact on the public and rise in price about a number of essential items.
Opposition members said they had no option but to stage a walk-out.
11-04 a.m.
Criminal Procedure (Identification) Bill laid on table
During laying of papers, the Criminal Procedure (Identification) Bill passed in the Lok Sabha on April 4 was also laid before the Rajya Sabha for consideration.
11-00 a.m.
House proceedings commence with oath and affirmation by two new members
Tuesday’s proceedings kicked off with oath and affirmation by two new members of the Rajya Sabha.
These members, with state and party affiliation, are:
- Dr Sikander Kumar (BJP, Himachal Pradesh)
- Manik Saha (BJP, Tripura)
10.30 a.m.
List of Business
1. Bills for consideration and passing:
- The Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022.
- The Delhi Municipal Corporation (Amendment) Bill, 2022
- The Constitution (Scheduled Tribes) Order (Amendment) Bill, 2022.
2. Reply to the discussion on the working of the Ministry of Labour and Employment
3. Papers and Reports to be laid on the Table
4. Question Hour
10.00 a.m.
Day 15 recap
The Rajya Sabha saw an early adjournment, after facing multiple adjournments and resumptions as Opposition members wanted to raise the issue of fuel price rise for discussion, which Chairman Venkaiah Naidu refused to allow.
The Upper House inducted seven new members.
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( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a www.thehindu.com feed.)