The Indian Government will introduce 17 new Bills in the Monsoon Session of Parliament, which begins on July 19. But, these bills do not include much-awaited India’s cryptocurrency Bill.
The monsoon session will have a total of 19 sittings with both houses –The Lok Sabha and The Rajya Sabha. The two houses will meet daily from 11 am to 6 pm with a one-hour lunch break. According to a bulletin posted, a total of 23 bills are there for the monsoon session. Of these, parliament has already introduced six bills, while 17 will be new.
However, the parliament delayed the much-awaited Cryptocurrency Bill again and it is not in the list of Lok Sabha bulletin. The Budget session listed the Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, but never brought up. The parliament ended the budget session earlier because of the second wave of Covid-19.
Just a week before, the country’s Finance Minister, Nirmala Sitharaman, said that India’s crypto bill is ready. The government has taken inputs from the industry stakeholders to prepare the document.
“We have done a lot of work on it. We have taken stakeholder’s inputs. The Cabinet note is ready. We have to see when the Cabinet can take it up and consider it so that we can move it,” She said in her interview.
