New Delhi: The Union government will move a Bill which seeks to prohibit all private cryptocurrencies in India in the Winter Session of Parliament starting from today. It will be called The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021.
However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its usage.
Reportedly, today in Parliament the Farm Laws Repeal Bill, 2021 is set to be introduced, discussed and passed in Lok Sabha while in Rajya Sabha, a petition to conserve and revitalize dying rivers will be presented. The Dam Safety Bill, 2019 will be taken up for discussion and passing.
The government’s objective is “to create a facilitative framework for the creation of the official digital currency to be issued by the Reserve Bank of India”. The Bill has been listed for introduction, consideration and passing in the Lok Sabha. It is among 26 new Bills, which are to be introduced in the Parliament session beginning today.
Union Agriculture Minister Narendra Singh Tomar will table the Farm Laws Repeal Bill, 2021 in the Lok Sabha on the first day of the session.
It is to be noted that Prime Minister Narendra Modi had announced that the Centre has decided to repeal all three farm laws.
Meanwhile, 42 Members of Parliament from 31 parties attended the all-party meeting on the eve of the Parliament session. The month-long session will see 26 Bills listed for introduction in Parliament. The Winter Session of Parliament will be held till December 23.
Defence Minister Rajnath Singh, on Sunday at a meeting between the government and the floor leaders of political parties ahead of the Winter Session, said the government wants healthy discussion in Parliament.
Three Bills replacing ordinances namely — the Narcotic Drugs and Psychotropic Substances (Amendment) Ordinance 2021, the Central Vigilance Commission (Amendment) Ordinance 2021, and the Delhi Special Police Establishment (Amendment) Ordinance, 2021 promulgated during the inter-session period are required to be enacted as Acts of Parliament within a period of six weeks from the reassembly of Parliament.