Politics

Sibal raises currency notes issue in Rajya Sabha under rule 267

kapil sibal
File Photo

New Delhi, Aug 8, 2017: Senior Congress leader Kapil Sibal on Wednesday issued suspension notice in Rajya Sabha on the issue 500 rupee notes available in various dimensions under rule 267.

The Chair rejected the notice on which Congress MPs shout slogans ‘Farzi noton ki Sarkar nahi chalegi’ and stormed the Well.

Replying on the notice, Parliamentary Affairs Minister Mukthar Abbas Naqvi said there is consensus on legislative business and hence Bills should be taken up.

Calling it a serious issue, Anand Sharma said House will adjourn sine die in a couple of days. We can’t wait for Winter Session and added that no Bills will be passed without getting answer for these questions.

Digvijaya Singh also added that we have become a laughing stock and asked that “How can similar currency notes be printed in various sizes.”

On which, Naqvi requests the Chair to pass the Bill in din. They want to make speeches but don’t want to participate in legislative business. We have been elected to carry out this very business, he says.

Then the house was adjourned for 15 minutes.

Jairam Ramesh requests the Chair not to pass the Banking Regulation Bill in din and added that the ordinance was issued because of threat to financial stability. The greater threat is from different currency notes. Please take it up now.

House resumes. But stand off continues.

Law Minister Ravi Shankar Prasad the Bill will allow RBI to take action against NPAs. This is an important Bill. It should be taken up, he says.

Wefornews Bureau

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