Arbitration Bills passed amid uproar

The Rajya Sabha on Thursday passed the New Delhi International Arbitration Centre Bill and the Arbitration and Conciliation (Amendment) Bill. Trinamool MPs walked out, with Sukhendu Sekhar Ray of the party terming the Bills “draconian”. He said the Bills were passed in haste on World Bank diktats. Union Law Minister Ravi Shankar Prasad said the government was keen that India became a hub of domestic and international arbitration.

Source : https://www.thehindu.com/todays-paper/tp-national/arbitration-bills-passed-amid-uproar/article28567518.ece

About ChinmayaIAS Academy - Current Affairs

Check Also

HUMAN DEVELOPMENT INDEX

CONTEXT: India ranked 131 among 189 countries on the Human Development Index (HDI) for 2019, …

Leave a Reply

Your email address will not be published.

Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates