Cheat Sheet

  • 5 Points On Bill To Amend Insolvency And Bankruptcy Code
    A Bill to amend Insolvency and Bankruptcy Code, 2016, has been introduced in the Lok Sabha to bring relief to the home buyers and Micro, Small and Medium Enterprises or MSMEs. The Insolvency and Bankruptcy Code (Amendment) Ordinance will protect the buyers when builders declare bankruptcy for under-construction real estate projects. The Bill would bring a major economic reform by allowing a person buying a home or commercial space to be treated as a financial creditor. When a company is bankrupt, financial creditors (banks, till now) have the first right over the proceeds of assets. Now, when the buyers are also treated like financial creditors, they would also stake a claim in the assets' sale as well as in the bankruptcy proceedings. The move also comes at a time when many home buyers are facing hardships on account of delayed and incomplete real estate projects.
  • Amit Shah, In Citizenship Row In Parliament, Cites Rajiv Gandhi: 10 Facts
    Opposition anger over the final draft of the Assam citizens' list, which leaves out 40 lakh people, consumed parliament today. Uproar started in Rajya Sabha as BJP chief Amit Shah rose to speak after a temporary adjournment. Minutes later, the house was adjourned for the day. Lok Sabha witnessed protests too, as the Congress and Mamata Banerjee's Trinamool Congress put in notice to cancel the day's business and discuss the citizens' list. The Congress has demanded an all-party meeting, saying the matter affects not only the lives of people but also relations with neighbouring countries, especially Bangladesh.
  • 40 Lakh Risk Losing Citizenship As Assam Releases Draft List: 10 Points
    Around 40 lakh people in Assam have been left out of a draft list of citizens released today, and face deportation if they cannot prove their citizenship. The state's National Register of Citizens or NRC has been updated for the first time since 1951 to account for illegal migration from neighbouring Bangladesh. Releasing the updated list, officials underscored that no one would be deported or arrested as this is only a draft. The recount is seen by critics as a move to target Assam's Muslim population on the pretext of weeding out Bangladeshi migrants. Thousands of central forces are in the state to prevent any unrest over the new list. "Some people are unnecessarily trying to create an atmosphere of fear... This is a draft and not the final list," Home Minister Rajnath Singh said.
  • In Assam, 1.5 Crore People To Know Citizenship Status Today: 10 Facts
    The future of nearly 1.5 crore people in Assam is on the line as the government prepares to release the final list of Indian citizens in the state today. Most of them may not find their names in the National Register of Citizens, updated for the first time since 1951 to account for illegal migration into Assam from neighbouring Bangladesh. The updated list is seen by critics as a move to target Assam's Muslim population on the pretext of weeding out Bangladeshi migrants. Security has been strengthened and the Centre has sent extra troops to maintain order in the state.
  • Delhi Metro Pink Line From South Campus To Lajpat Nagar Starts Next Month
    In Delhi Metros further expansion plans, an 8 km operation will soon begin for the Pink Line from Durgabai Deshmukh South Campus to Lajpat Nagar station as the Commission of Railway Safety has given its nod. The CMRS had given mandatory approval and the section is expected to be inaugurated early next month. The inspection by the CMRS took place on Tuesday. It was earlier scheduled to be held on July 23, but was postponed by a day, a senior DMRC official said. A 21.56-km-long segment of the same line, from Majlis Park to Durgabai Deshmukh South Campus, was opened for the public last month.
  • After 22-Year Struggle, Allah Gave Me A Chance, Says Imran Khan: 10 Facts
    Pakistan's cricketer-politician Imran Khan's Pakistan Tehreek-e-Insaf has emerged as the single largest party in the National Assembly amid allegations of rigging with army backing. Before the results were announced, Mr Khan addressed the nation in a victory speech from Islamabad, outlining the goals of the government he will be heading. The PTI is heading to win 119 of the 272 seats in the National Assembly. Its closest rival, jailed former Prime Minister Nawaz Sharif's Pakistan Muslim League-Nawaz or PML-N is expected to win 63. A party needs 137 seats for a majority. The results will be announced tomorrow.
  • Mumbai Strike Over, Maratha Protesters Clash With Cops In Thane: 10 Facts
    Clash between the police and Maratha protesters continued late into the evening in pockets of Maharashtra, even though the bandh in Mumbai was called off early in the afternoon. While the blockade of the Mumbai-Pune highway was cleared, protesters threw stones at the police in Thane. The Marathas are demanding reservation in jobs and education. Chief Minister Devendra Fadnavis said the government is ready for talks. Through the day, protesters blocked arterial roads, including the Mumbai-Pune highway and the Eastern Expressway, and forced shops to shut. Local train routes were blocked in Jogeshwari and near Thane.
  • Trends Show Imran Khan Win, Opposition Says "Blatant Rigging": 10 Facts
    Former Pakistani cricketer-turned-politician Imran Khan inched closer to power today with the results of the country's general election showing a massive lead by his party, even though the party of his jailed rival Nawaz Sharif rejected the eventual result as "blatantly" rigged. The Pakistani Election Commission rubbished the charges, and blamed a delay in the results on technical failures. Mr Khan's camp was increasingly confident, but it still appeared likely to fall short of a clear majority in the National Assembly. Voting for the elections - the only second democratic transition of power in its coup-studded history - took place on Wednesday.
  • Protests In Maharashtra For Maratha Quota Escalate Over Suicide: 10 Facts
    Violent protests have erupted in parts of Maharashtra over the Maratha community's demand for quota in government jobs and education. The protests escalated after a man jumped into the river in Aurangabad on Monday. Calling the death "unfortunate", Chief Minister Devendra Fadnavis today appealed for calm and said the government was serious about a resolution. Internet services were suspended in rural areas of Aurangabad as a preventive measure.
  • No-Confidence Motion: Top 5 Points PM Modi Made In Lok Sabha
    Prime Minister Narendra Modi today launched a scathing attack on the opposition and Congress chief Rahul Gandhi, while responding to the debate on the non-confidence motion against the government. He also took on UPA chairperson Sonia Gandhi for her remark on the oppositions numerical strength during the voting. Providing a point-by-point rebuttal to the oppositions allegations, he said midway in his speech, -Dont worry, Im not going to leave anybody out will respect everybody.- He highlighted the achievements of his government, alleging that the opposition had only one agenda -Remove Modi-.
  • Will Take Hatred Out And Turn It Into Love: Rahul Gandhi's Top 10 Quotes
    After tearing into the NDA government during the trust vote debate and launching a direct attack on Prime Minister Narendra Modi, Rahul Gandhi took everyone in the Lok Sabha by surprise, when he walked across and hugged PM Modi. "This is what it means to be a Hindu," Mr Gandhi said after coming back to his seat amid a huge applause from his Congress members, including his mother Sonia Gandhi. PM Modi, a little taken aback at first, called Mr Gandhi back and shook hands with him. BJP lawmakers were seen thumping their desks but Speaker Sumitra Mahajan said such conduct was against the rules of the House.
  • Government Comfortably Wins Vote On Opposition-Backed No-Trust Motion
    The Narendra Modi government has won the vote of confidence in Lok Sabha by a comfortable margin at the end of a marathon, 12-hour debate session that saw the Prime Minister tear into the Congress and its chief Rahul Gandhi. In a never-before move on Friday, Mr Gandhi had crossed the Lok Sabha floor at the end of a scathing speech, and hugged the Prime Minister. Late in the evening, PM Modi gave a point-by-point rebuttal to the attack. He also took on Mr Gandhi's mother Sonia Gandhi and Andhra Pradesh Chief Minister Chandrababu Naidu, whose party had moved the no-confidence motion.
  • P Chidambaram Is Now An Accused In Aircel-Maxis Case: 10 Points
    P Chidambaram, former finance minister and a top leader of the opposition Congress party, has been accused formally of corruption by the CBI today and will stand trial in what is known as the Aircel-Maxis case once the chargesheet is cleared by the judge. The CBI named Mr Chidambaram, 72, in a chargesheet filed in a Delhi court today, hours ahead of a no-trust vote against Prime Minister Narendra Modi which he is placed to win easily. The Congress is among the opposition parties backing the no-trust vote. Calling the allegations "preposterous", Mr Chidambaram said the CBI had been "pressured" to file the chargesheet.
  • No-Confidence Motion: A 5-Point Guide
    Prime Minister Narendra Modi's BJP-led government will face a no-confidence motion in the Lok Sabha on Friday. The no confidence motion was moved by the Opposition and accepted in the Lok Sabha at the start of the monsoon session of the Parliament. The motion was moved against the government on several issues - special status to Andhra Pradesh, mob attacks, violence against Dalits and women among others. This is the first no-confidence motion Prime Minister Narendra Modi's four-year-old government will face and the first to be taken up in 15 years since the last BJP-led government of Atal Bihari Vajpayee faced one in 2003. The BJP-led coalition counts 312 members in the 535-member Lok Sabha, including 274 of the BJP. The government needs 268 to clear the test and it has enough numbers to sail through the motion.
  • Amit Shah Outreach To Sena, Fence-Sitters Worked, Say Sources: 10 Facts
    Hectic efforts are on to form ranks on both sides of the political divide ahead of today's no-confidence motion against the government. Given the NDA's sheer numbers in parliament's lower house, there is little doubt about a comfortable outcome for the government. The big question will be the decision of fence-sitters in view of next year's general elections. Tamil Nadu's ruling AIADMK and Telangana Rashtra Samithi of K Chandrashekar Rao, are likely to vote in favour of the government, sources said, after BJP chief Amit Shah reached out to them. Naveen Patnaik's BJD is likely to abstain.

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