Investing NewsEverything
  • Home
  • Market
  • Business
  • Finance
  • Investing
No Result
View All Result
Investing NewsEverything
  • Home
  • Market
  • Business
  • Finance
  • Investing
No Result
View All Result
Investing NewsEverything
No Result
View All Result
Home Commodity

Electricity amendment bill unlikely to be tabled in Winter Session – Investing NewsEverything

Investing by Investing
November 27, 2022
in Commodity
0
Electricity amendment bill unlikely to be tabled in Winter Session – Investing NewsEverything
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

LYNXMPED702SC M

You might also like

Steel fell after China's state planner issued another warning against speculation – Investing NewsEverything

Silver gains as investors continue to monitor the banking turmoil – Investing NewsEverything

Gold slips from 60000 level as investors assess banking concerns – Investing NewsEverything

The reason being is that more than three months after the proposed legislation was referred to the Parliamentary Standing Committee on Energy, the panel would be holding its first meeting to discuss the legislation on December 1 — just six days before the commencement of the Winter session. BJP MP Jagdambika Pal heads the panel.

Though the proposed legislation was immediately referred to the Parliamentary panel by the Power Minister R.K. Singh on August 8, as soon as it was introduced in Lok Sabha amid vehement opposition to it, the bill was referred to the panel for discussion only on December 21.

Lok Sabha Speaker Om Birla has given the committee three months to examine the proposed legislation and prepare a report on it.

Now with the first meeting to discuss the legislation taking place only on December 1, the panel would be in a position to prepare a report on the bill after discussion only by February 2023, when the Budget session would be on.

Sources aware of developments said that if the panel is not able to finalise its views on the bill, then it may even get an extension.

After being referred to the Parliamentary panel on August 8, the bill could not be taken up for discussion by it since then, as the committee was reconstituted during the intervening period.

Pal took over as the chairman of the reconvened panel in October, which was earlier headed by JD-U MP Rajiv Ranjan Singh Lalan.

Earlier, when the bill was introduced by Power Minister R.K. Singh in Lok Sabha on August 8, it had to be referred to the Parliamentary panel after Opposition parties led by the Congress vehemently opposed it.

Several opposition MPs including Congress’ Manish Tewari, said that it should not have been introduced in the first place, as the bill usurps the rights of the states.

The bill seeks to facilitate usage of distribution networks by any entity which gets a distribution licence. This would allow consumers to choose services of any power supplier from among several players operating in a particular region, just like customers have the choice to select mobile networks.

Opposition parties led by the Congress and farmers’ associations have been complaining that well-off consumers would opt for private distributors at the expense of state-owned distribution companies. They have also alleged that the amendments in the legislation would allow private companies to pick and choose profitable distribution networks.

Farmers have been opposing the Electricity Amendment Bill, saying that power is an essential commodity which needs proper regulation and dominance of private distribution companies may harm the sector. Last week, they even undertook a march against it in all states.

On November 23, thousands of electricity workers and engineers from across the country, held a massive rally in the national capital, protesting against the bill under the aegis of All India Power Engineers Federation (AIPEF).

A resolution was passed in the rally warning the central government that any unilateral action to get the bill passed in Parliament without taking the electricity employees and engineers into confidence, would be strongly opposed and all 27 lakh employees and engineers would be forced to resort to a nation-wide movement against the bill and that the Central government would be responsible for it.

–IANS
ans/pgh

 

=================================

Follow News Everything for News Today, Breaking News, Latest News, World News, Breaking News Headlines, National News, Today\’s News


=================================

#Electricity #amendment #bill #tabled #Winter #Session

=================================
Source

ADVERTISEMENT
ADVERTISEMENT
Advertisement. Scroll to continue reading.

Related

Share30Tweet19
Investing

Investing

Recommended For You

Steel fell after China's state planner issued another warning against speculation – Investing NewsEverything

by Investing
March 21, 2023
0
Steel fell after China's state planner issued another warning against speculation – Investing NewsEverything

Steel fell after China's state planner issued another warning against speculation ================================= Follow News Everything for News Today, Breaking News, Latest News, World News, Breaking News Headlines,...

Read more

Silver gains as investors continue to monitor the banking turmoil – Investing NewsEverything

by Investing
March 21, 2023
0
Silver gains as investors continue to monitor the banking turmoil – Investing NewsEverything

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes,...

Read more

Gold slips from 60000 level as investors assess banking concerns – Investing NewsEverything

by Investing
March 21, 2023
0
Gold slips from 60000 level as investors assess banking concerns – Investing NewsEverything

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes,...

Read more

Gold prices face resistance at $2,000 as Fed meeting looms – Investing NewsEverything

by Investing
March 21, 2023
0
Gold prices face resistance at $2,000 as Fed meeting looms – Investing NewsEverything

By Ambar Warrick Investing.com-- Gold prices were muted in early Asian trade on Tuesday after touching key highs in the prior session as markets locked in some profits...

Read more

Oil prices dip as Fed uncertainty mounts, bank fears persist – Investing NewsEverything

by Investing
March 21, 2023
0
Oil prices dip as Fed uncertainty mounts, bank fears persist – Investing NewsEverything

By Ambar Warrick Investing.com-- Oil prices fell in early Asian trade on Tuesday, cutting short a brief rebound from 15-month lows as markets hunkered down before a Federal...

Read more
Next Post
Copper plummets on China COVID unrest, gold drifts lower – Investing NewsEverything

Copper plummets on China COVID unrest, gold drifts lower - Investing NewsEverything

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

Related News

European Gas Futures Hit Lowest Since July on Demand Moderation – Investing NewsEverything

European Gas Futures Hit Lowest Since July on Demand Moderation – Investing NewsEverything

September 19, 2022
Gold Back Below $1,700 as Dollar Dominates Safe Haven Trades – Investing NewsEverything

Gold Back Below $1,700 as Dollar Dominates Safe Haven Trades – Investing NewsEverything

October 10, 2022
U.S. oil reserve drops just 0.8M bbls last week as Biden Admin winds down draws – Investing NewsEverything

U.S. oil reserve drops just 0.8M bbls last week as Biden Admin winds down draws – Investing NewsEverything

January 11, 2023
Investing NewsEverything

All News About Investing in 2022

CATEGORIES

  • ACB
  • ACRHF
  • amph
  • AMZN
  • Analysis
  • AREC
  • AYRWF
  • BBBY
  • bf.b
  • BIDU
  • BILI
  • BNO
  • BORR
  • BUD
  • CCHWF
  • CELH
  • Central Banks
  • CGC
  • cnbs
  • CO1:COM
  • coco
  • Commodity
  • CRLBF
  • cron
  • CURLF
  • CVS
  • DBO
  • delhy
  • dlvhf
  • edr
  • endpq
  • EQT
  • Finance
  • fizz
  • Forex News
  • FWONK
  • GTBIF
  • HEXO
  • HMY
  • hrvsf
  • INDO
  • Interviews
  • IPI
  • KDP
  • ko
  • leu
  • MMNFF
  • MNST
  • napa
  • NBEV
  • net
  • neti
  • News
  • NEXT
  • NRGU
  • NTES
  • nwl
  • ogi
  • OILK
  • OLEM
  • ORAN
  • PARA
  • PBJ
  • PEGY
  • pep
  • PFE
  • pg
  • PLM
  • POTX
  • Psychology
  • RIO
  • sam
  • SCO
  • SNAP
  • sndl
  • SP500
  • SPY
  • Stat Of The Week
  • STZ
  • TAP
  • TCNNF
  • Technical analysis
  • teva
  • tlk
  • TLRY
  • Trade Ideas
  • TRSSF
  • ttwo
  • UCO
  • UNH
  • usdt-usd
  • USL
  • USO
  • USOI
  • VTRS
  • wba
  • World's Greatest Producers
  • XLB
  • XLC
  • XLE
  • XLF
  • XLI
  • XLK
  • XLP
  • XLRE
  • XLU
  • XLV
  • XLY
  • yolo

BROWSE BY TAG

AUDUSD Bitcoin business news ChartPatterns Commodities Content Types corporate Corporate/Industrial News Currencies DollarIndex DowJones Economy Energy entertainment Equities EURUSD Factiva Filters Fed GBPUSD general news Gold industrial news inflation Macroeconomics Majors Markets media Nasdaq NewsTrading oil Personal Finance political Political/General News Politics RiskAppetite Silver Software SupportResistance SwingTrading SYND Technical Analysis Technology USDJPY XAGUSD XAUUSD

© Copyright 2022, All Rights Reserved  |  NetCoders | ShopEverything | Hotness Everywhere

No Result
View All Result
  • Home
  • Landing Page
  • Buy JNews
  • Support Forum
  • Contact Us

© Copyright 2022, All Rights Reserved  |  NetCoders | ShopEverything | Hotness Everywhere

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?