Important Bills Features, Merits and Demerits

NATIONAL FOOD SECURITY BILL 2013

Act Highlights
PDS
o Rice > Rs 3 per kg, wheat > Rs 2 per kg, coarse cereals > Rs 1 per kg
su!"ect to re#ise a$ter 3 %ears&
o '( ) rural population, (* ) ur!an population will get ( kg+month,
o -nt%oda%a -nna .o"ana > 3( kg present scheme continue&,
o /* million co#ered under the 0argeted 1u!lic Distri!ution 2%stem,
Childr!
o 3 month to 14 %ears > get take5home rations or hot cooked $ood,
o B% local -nganwadi, Free o$ charge
o Free mid5da% meal in go#t and go#t5aided schools,
o Below 3 months > e6clusi#e !reast$eeding shall !e promoted
Prg!"!t "!d L"ct"ti!g #$%!
o Maternit% !ene$its o$ at least Rs, 3***
o Free meal at local -nganwadi
Id!ti&ic"ti$! $& '!&ici"ris
o 2tate go#t responsi!ilit%
o Based on socio5economic and caste census 2788& Data,
o 0o !e complete in 33( da%s and made pu!lic,
I%(l%!t"ti$!
o 8reation o$ state $ood commission to monitor implementation,
o 1repare annual reports,
o 9ear appeal against order o$ D:R;,
o 0wo tier :rie#ence Redressal 2tructure > 1
st
5D:R; District
:rie#ance Redressal ;$$icer&, 2
nd
$ood commission,
o -ll 1D2 related reports to !e made pu!lic,
o 8onduct social audit o$ 1D2
o <se o$ I0 $or transparent reporting,
o 2etting up o$ #igilance committee to super#ise
o Food securit% allowance $or non5suppl% o$ $ood,
o Food commission can impose penalt% and $ine upto Rs,(*** on
concerned o$$icer or authorit% in case o$ non5compliance,
PDS r&$r%s
o Doorstep deli#er% and end5to5end computeri=ation,
o >e#eraging ?-D9-R@ $or identi$ication,
o 8ash trans$er, $ood coupons to ensure entitlement,
8entral go#t will pro#ide mone% to states and union territories i$ it runs low on
grain as well as pro#iding them with ?assistance@ towards the cost o$ intra5
state transportation and handling o$ grains,
;ldest adult woman in each house would !e considered the head o$ that
household $or the issuing o$ ration cards,
0he total estimated annual $ood grains reAuirement is 312,3 lakh tons,
)rits
I$ proper implementation > >ower spending on $ood > more on health,
education and nutritious $ood,
2a#ings o$ around Rs 4,4** this %ear is estimated,
2pend more on protein5rich $ood, there!% impro#ing their nutritional intake,
D%rits
Ine$$icient distri!ution channel leads to waste
Implementing the !ill in a $air, eAuita!le and transparent manner is going to !e
a !ig challenge $or the go#ernment,
7nds up !eing sold illegall% in markets rather than in $air price shops
Discourage the agriculture production in the countr%,
-dditional su!sid% !urden o$ Rs 1,2* lakh crore per annum,
8ost to the e6cheAuer > $iscal and current account de$icit,
0he task o$ construction o$ additional storage to the states, which ma% not !e
practicall% $easi!le gi#en constrained center5state relations among di#erse
political parties,
>ack o$ enough storage capacit% >rotting o$ $ood,
0he rush to pass the !ill implies the intent is nakedl% political,
THE PENSION FUND RE*ULATORY AND DE+ELOP)ENT
AUTHORITY ACT, 2013
Act Highlights
0o pro#ide $or the esta!lishment o$ an -uthorit% to promote old age income
securit% !% esta!lishing, de#eloping and regulating pension $unds, -i! sh$rt
St"t.t$r/ ($0rs t$ th P!si$! A.th$rit/ t$ "ct "s " rg.l"t$r1
0o protect the interests o$ su!scri!ers to schemes o$ pension $unds,
Formall% changes the name o$ the Bew 1ension 2%stem to the Bational
1ension 2%stem B12&
NPS2 contri!ution scheme $or all central go#ernment emplo%ees, other than
the armed $orces, who "oined a$ter Canuar% 2**4,
Implemented through a com!ination o$ retailers, pension $und managers,
and a record5keeper,
2u!scri!ers with indi#idual pension account porta!le across "o! changes&
Free to choose $und managers and schemes to manage their pension wealth
76tended to all general citi=ens including un5organised sector, But not
mandator% like <2- which ha#e a mandator% s%stem to ensure that all
persons ha#e old5age income securit%&
-llow su!scri!ers to in#est in stock markets with a cap,
-llows 23 per cent $oreign direct in#estment FDI& in the pension sector
)rits
;ld age income securit% $or go#ernment emplo%ees and general pu!lic,
Bew pension products in the market
More choice $or customers and can start in#esting earlier and as per
indi#idual need,
In#est in the port$olio > high returns and $i6ed returns at the time o$
retirement,
Impro#e Aualit% o$ ser#ice and greater $i6ed and #aria!le returns,
Mo!ilise su!stantial long5term $unds, which can !e used to !uild
in$rastructure,
2u!scri!ers wonDt !e e6posed to risk o$ go#ernment de$ault,
D%rits
Bo e6plicit or implicit guarantee on the pension wealth, e6cept in cases
where the su!scri!er purchases market5!ased guarantees, 0his rule di$$ers
$rom !ank deposits, where deposits up to Rs, 1 lakh are guaranteed,&
In#estment risk will !e entirel% !orne !% su!scri!ers,
THE RI*HT TO FAIR CO)PENSATION AND TRANSPARENCY IN
LAND AC3UISITION, REHABILITATION AND
RESETTLE)ENT BILL, 2012
Act Highlights
0he Bill will replace the e6isting >and -cAuisition -ct, 1/E4,
L"!d c"! ' "c4.ird &$r
o P.'lic (r$5cts like 2trategic use !% the armed $orces, paramilitar%,
state policeF $or national securit%F $or in$rastructure pro"ects
o Pri6"t (r$5cts like hospitals, pri#ate education institutions and
pri#ate hotelsF
o 1ro"ects related to industrial corridors, mining, national in#estment and
manu$acturing =one, sports, healthcare, tourism and space programsF
o 9ousing pro"ects $or income groups speci$ied !% go#ernment, pro"ects
planned $or de#elopment o$ #illage sites, residential areas $or lower
income groups in ur!an areasF pro"ects in#ol#ing agro5processing,
warehousing, cold storage, marketing in$rastructure, dair%, $isheries
and meat processing cooperati#es
For a pri#ate entit% or a 111 pro"ect > social impact assessment 2I-& and an
en#ironmental impact assessment 7I-&, to identi$% the $amilies to !e a$$ected,
C$!s!t
o 1ri#ate entit% > /* ) o$ the a$$ected $amilies,
o 111 > '*) o$ the a$$ected $amilies
C$%(!s"ti$! ("c7"g
o Rural -reas > 4 times o$ market #alue
o <r!an -reas > 2 times o$ market #alue
o Ghen acAuired land is sold to 3
rd
part% > 4*) o$ !ene$it, 76empt $rom
ta6 and stamp dut%&
- >and -cAuisition and Reha!ilitation and Resettlement -uthorit% to !e
esta!lished
Rtr$s(cti6 c".s > -pplica!le on cases where no land acAuisition award
made,
L"s > Industr% can take land on lease !ut with state go#tHs permission,
Merits
Cust and $air compensation to $amilies whose land has !een acAuired $or
industrial purposes,
Making a$$ected persons partners in de#elopment, leading to an impro#ement
in their post5acAuisition social and economic status,
Instead o$ acAuisition, land could !e leased to de#elopers so that its ownership
remain with $armers and pro#ide them regular annual income,
Demerits
F$r (r$5ct $0!rs
o Make the land acAuisition process slower
o 8ompensation would raise costs o$ pro"ects $i#e$old
o Retrospecti#e application clause not $a#ora!le
F$r L"!d $0!rs
o Bo guarantee o$ "o!s in RIR packageF
o 8ompensation calculated according to circle rates much less than
market pricesF
o Bo protection to $armlandF
o 2tate go#ernment to decide i$ unused acAuired5land should !e returned
to the $armer or added to its land !ank, 0his applies e#en i$ owners
return the compensation
THE REAL ESTATE -RE*ULATION AND DE+ELOP)ENT1 BILL,
2013
Act Highlights
St"!d"rdi8"ti$! $& D&i!iti$!s 9 De$initions o$ J-partmentJ, J8ommon
-reaJ, J8arpet -reaJ, J-d#ertisementJ, JReal 7state 1ro"ectJ, J1rospectusJ
etc,
C"r(t Ar" $or sale, instead o$ am!iguities o$ JBuilt <p -reaJ, J2uper Built
<p -reaJ etc,
R"l Est"t Rg.l"t$r/ A.th$rit/ > 0his -uthorit% is similar to 0R-I o$
0elecom and IRD- $or Insurance, It pro#ides speciali=ed regulation and
en$orcement, It can impose penalties on De#elopers $or #iolations including
imprisonment upto 3 %ears,
Rgistr"ti$! $& R"l Est"t Ag!ts > 0he -gents must maintain and preser#e
!ooks o$ accounts, records and documents, $acilitate the possession o$
documents to allottees as entitled at the time o$ !ooking etc,
D.tis "!d F.!cti$!s $& th Pr$%$tr > towards disclosure o$ all rele#ant
in$ormation, adherence to appro#ed plans, #eracit% o$ ad#ertisement $or sale or
prospectus, recti$% structural de$ects, and re$und mone% in case o$ de$ault,
Rights "!d D.tis $& All$tts > Right to o!tain all in$ormation related to
propert% !ooked, know stage5wise completion schedule, claim possession as
per promoter declaration, claim re$und with interest in case o$ 1romoter
de$ault, a$ter possession claim necessar% documents and plans, Dut% o$ the
-llottees is to make necessar% pa%ments and an% other responsi!ilit% per the
-greement,
Rgistr "ll (r$5cts > 0he registration is to happen -F07R recei#ing all
appro#als $rom De#elopment+Municipal authorities,
P.'lic Discl$s.r > details related to the pro"ectK Details o$ the 1romoter,
1ro"ect, >a%out 1lan, 1lan o$ De#elopment Gorks, >and 2tatus, 8arpet -rea ,
num!er o$ apartments !ooked, status o$ the statutor% appro#als, names and
addresses o$ architect, contractor, structural engineer, real estate agents etc,
2("r"t B"!7 Acc$.!t &$r "ch Pr$5ct "!d d($sit :0; o$ the -mount
recei#ed !% him towards the 1ro"ect in this -ccount, 0he Deposit percentage
ma% change as noti$ied !% the -ppropriate :o#ernment state go#tL&
F"st Tr"c7 Dis(.t rs$l.ti$! > Real 7state -ppellate 0ri!unal,
)rits
<ni$orm regulator% en#ironment in the real estate sector
7radication o$ pro!lems like !lack mone%, corruption, red tapism, land ma$ias
and corruption,
7nsure sale o$ immo#a!le properties in an e$$icient and transparent manner
1rotect the interest o$ consumers in the real estate sector,
7as% :rie#ance Redressal a#enues,
7asil% accessi!le in$ormation $or Bu%ers to #alidate 1ropert% Documents I
8learance Documents,
D%rits
2u!stantial dela%s in appro#als, especiall% en#ironmental clearances,
Regulations on $oreign in#estment make it di$$icult $or small de#elopers to
access low5cost capital,
-ppro#als o$ !uilding plans !% the planning authorit% or a municipal
corporation result in a!normal dela%s,
RA<I+ *ANDHI NATIONAL A+IATION UNI+ERSITY BILL, 2013
R"s$!
Marked a!sence o$ credi!le institutions imparting specialised technical and
managerial training in air transportation, sa$et%, securit% and regulator% areas
Act Highlights
0o train pilots, ca!in crew and aircra$t engineers,
1romotion o$ a#iation studies, training and research with $ocus on a#iation
medicine, a#iation sa$et% and securit%, a#iation law, a#iation science and
engineering, a#iation histor%, a#iation regulation and polic% and a#iation
management,
1u!lic51ri#ate 1artnership 111& $or construction o$ -irports,
-utonomous !od% under administrati#e control o$ the 8i#il -#iation Ministr%,
Funding o$ 2*2 crore Rupees during the 12th 1lan period /* crore sanctioned&
Become a knowledge partner to sa$et% and securit% regulators,
-t the Indira :andhi Rashtri%a <daan -cadem% at Fursatgan" in Rae Bareli,
8onstituenc% o$ 2onia :andhi&
)rits
Muali$ied and trained manpower $or a#iation sector,
;pening o$ more domestic airports in the countr%,
76pand the airports o$ the -ir Force $or this purpose in some districts
D%rits
Rae Bareli is an a#iation desert, Best place should !e Banglore,
-nother scheme named a$ter Ra"i# :andhi NN
!% Bharat 8haudhar%
Re$erencesK
http://www.prsindia.org/
http://www.business-standard.com/article/pf/10-things-you-
wanted-to-know-about-the-new-pension-bill-
113090400910_1.html
http://www.agranosh.com/current-a!airs/lok-sabha-passed-
the-rai"-gandhi-national-a"iation-uni"ersity-bill-#013-
13$%&34''3-1
http://www.moneycontrol.com/news/current-a!airs/bill-to-
set(rst-national-a"iation-uni"ersity-passed_94'140.html
http://www.indiane)press.com/news/lok-sabha-passes-bill-to-
set-up-(rst-national-a"iation-uni"ersity/11'&'##/0
http://www.(rstpost.com/economy/all-you-need-to-know-
about-national-food-security-bill-10'310$.html
http://www.tehelka.com/e)clusi"e-summary-of-the-national-
food-security-bill-#013/
http://blogs.ws.com/indiarealtime/#013/0%/0$/fact-sheet-
indias-food-security-bill/
http://www.business-standard.com/article/economy-
policy/things-you-must-know-about-the-land-ac*uisition-bill-
1130%#900%#4_1.html
http://+eenews.india.com/news/nation/("e-things-you-need-to-
know-about-land-ac*uisition-bill_%$#&#9.html
http://apartmentadda.com/blog/#013/09/03/10-features-of-
the-real-estate-bill-#013/
http://www.monda*.com/india/)/#&$&9#/real,estate/-he,.eal
,/state,.egulation,0nd,1e"elopment,2ill,#013