Rajya Sabha To Take Up Black Money And Companies Bill On Wednesday

12/05/2015 11:02 PM IST | Updated 15/07/2016 8:25 AM IST
World Economic Forum/Flickr
Arun Jaitley, Minister of Finance, Corporate Affairs and Information and Broadcasting of India is captured during the session 'An Insight, An Idea' in the congress centre at the Annual Meeting 2015 of the World Economic Forum in Davos, January 22, 2015. WORLD ECONOMIC FORUM/swiss-image.ch/Photo Jolanda Flubacher

NEW DELHI -- The Rajya Sabha will on Wednesday pass the companies bill and black money bill on the last day of the session.

An agreement on passing the two bills on Wednesday was reached in the house, after a much heated discussion on corruption allegations against union Transport Minister Nitin Gadkari.

As Finance Minister Arun Jaitley presented the companies bill, opposition members pointed out that Congress had just walked out of the house expressing dissatisfaction with Gadkari's clarifications.

At this, Parliamentary Affairs Minister Venkaiah Naidu said nobody forced Congress members to walk out.

Jaitley meanwhile insisted that the bill should be taken up as it had to be returned to Lok Sabha and Wednesday will be the last day of the session.

Leader of Opposition Ghulam Nabi Azad, who entered the house just at that time, suggested that the bill could be taken up for discussion at 11 a.m. on Wednesday when the house meets for the day.

Deputy Chairman P.J. Kurien said the two bills such as Companies (Amendment) Bill, 2014 and the Undisclosed Foreign Income and Assets Bill, popularly known as the black money bill, will be discussed on Wednesday.

Both ruling and opposition parties later agreed that both bills will be passed on Wednesday.

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