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March 3, 2015

TMC opposes the introduction of Insurance Bill in Lok Sabha

TMC opposes the introduction of Insurance Bill in Lok Sabha

Saugata Roy opposed the introduction of Insurance Laws (Amendment) Bill, 2014 in Lok Sabha today.

He said, “As per Rule 71 (1) of the Rules of Procedure, I oppose the introduction of the Insurance Laws (Amendment) Bill, 2014.”

Professor Roy pointed out that a Select Committee, which was appointed in August, 2014, incorporated amendments to the Insurance Laws along with 99 official amendments. The Bill could not be passed in Winter Session. Government felt that there was an urgency in matter, so the Cabinet promulgated Ordinance on December 24. Governementt wanted to withdraw the Bill in Rajya Sabha but could not succeed.

Professor Saugata Roy asserted that the Bill remains a property of Rajya Sabha. “Show me one instance in last 65 yrs where a Bill, while it is still pending in one House will be presented in another House.” added Saugata Roy.

“Are we subjected to a system where there is a Constitutional imbroglio? Same Bill is going from one House to another, and an Ordinance is coming in. This is not the way a Governmentt should function” added Saugata Roy.

Click here for the full transcript of the speech.