Live
- ‘One nation, one election’ will undermine India’s federal structure: Mehbooba Mufti
- ‘Bachhala Malli’ trailer heightens anticipation
- Karnataka quota row: Backward Class forum chief warns Lingayat seer over 'tinkering with reservations'
- Tight security arrangements at Group-II examination centers District SP
- Alia Bhatt captures attention in white
- Varun Dhawan talks about ‘Baby John’
- ‘Moonwalk’ trailer promises a quirky heist, love, and loyalty
- Combat leaf spot disease
- Ahsaas Channaopens up about her complex character in ‘Mismatched 3’
- Radhika Apte welcomes first child, shares heartfelt post
Lok Sabha takes up bill to amend warehousing act
Lok Sabha Takes Up Bill to Amend Warehousing Act. The Lok Sabha on Wednesday took up for discussion the warehousing corporations amendment bill which seeks to remove the provision about the central government\'s responsibility being a financial guarantor to the corporation.
.jpg)
New Delhi: The Lok Sabha on Wednesday took up for discussion the warehousing corporations amendment bill which seeks to remove the provision about the central government's responsibility being a financial guarantor to the corporation.
The bill was moved for consideration and passage by Food and Consumer Affairs Minister Ramvilas Paswan. The bill seeks to amend the Warehousing Corporations Act, 1962.
According to the statement of objects and reasons of the bill, the Central Warehousing Corporation has been awarded a mini-ratna status by the department of public enterprises.
It says that one of the criteria to be a mini-ratna enterprise is that there should be no financial support from the government to the enterprise and it should not depend on any budgetary support.
The amendments aims at absolving the central government of its responsibility of being a guarantor.
