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Home -> Finance -> Full Story
Bills to amend IDBI to be taken up in next session
Wednesday, July 16 2003 20:25 Hrs (IST)

New Delhi: Finance Minister Jaswant Singh on July 16 said the government intends to take up a number of economic bills including the one to repeal IDBI Act, in the forthcoming monsoon session of Parliament.

Highlighting the agenda for the Finance Ministry in the coming months, Singh said there were a number of economic bills that were still pending passage in Parliament.

"The bill to repeal the IDBI Act will be taken up in the coming session. The Fiscal Responsibility and Budget Management Bill is also awaiting nod of the Rajya Sabha," he said on the sidelines of a press conference on farm loans.

The bill to repeal IDBI Act to corporatise the country's leading FI (Financial Institution) was introduced in the winter session but referred to the Parliamentary Standing Committee on Finance.

The panel has finalised its recommendations recently and the report would be tabled in Parliament in the monsoon session.

PTI



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