opensansad/lok-sabha-qa huggingface dataset:
Lok Sabha Question No. 222 (UNSTARRED), answered on 2017-12-15
Subject: Passive Euthanasia
Ministry: HEALTH AND FAMILY WELFARE
Asked by: RAJENDRA AGRAWAL

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 222 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## PASSIVE EUTHANASIA

## 222. SHRI RAJENDRA AGRAWAL:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Government has finalised a bill to permit passive euthanasia;
- (b) if so, the details thereof and the current status of the said bill;
- (c)  whether  the  Government  is  against letting  people  make 'living  wills'  to  stop medical treatment in future, if he/she becomes terminally ill;
- (d) if so, the details thereof and the reasons therefor;
- (e) whether the Hon'ble Supreme Court has issued any directives in this regard; and
- (f) if so, the details thereof and the status of compliance thereto?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

- (a)& (b) : No, however the matter  regarding formulation  of legislation Euthanasia is under consideration in this Ministry.
- (c) & (d) : No.
- (e) & (f) : Hon'ble Supreme Court in its Judgement dated 7 th March, 2009 in WP(CRL.) No. 115  of  2009 ,  Aruna  Ramchandra  Shanbaug  vs  UoI and  Others,  laid  down  comprehensive guidelines to process 'Passive Euthanasia' in the case of incompetent patients and stated that the said procedure should be followed all over India until the Parliament makes a legislatio subject.

on  Passiv
Lok Sabha Question No. 220 (UNSTARRED), answered on 2017-12-15
Subject: Krishi Kalyan Cess
Ministry: FINANCE
Asked by: DEEPENDER SINGH HOODA

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

*****

## LOK SABHA

## UNSTARRED QUESTION NO.220

## TO BE ANSWERED ON FRIDAY THE 15 TH  DECEMBER, 2017 AGRAHAYANA 24, 1939 (SAKA)

## KRISHI KALYAN CESS

## 220. SHRI DEEPENDER SINGH HOODA:

Will the Minister of FINANCE be pleased to state:

- (a) the details of Krishi Kalyan Cess (KKC) accrued by the Government along with the amount of cess utilised as on date, head-wise; and
- (b)  the  amount  of  KKC  that  remain  unutilised  by  the  respective  designated Departments/Agencies along with the reasons for its non-utilisation?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

(a):  Krishi Kalyan Cess (KKC) was introduced in Budget 2016-17. An amount of  Rs.  9,000  crore  in  RE  2016-17  and  Rs.10,  800  crore  in  BE  2017-18  was estimated as collection from this cess receipts. Krishi Kalyan Cess has been subsumed under GST. w.e.f 1 st July, 2017.

The  proceeds  have  been  fully  deployed  towards  meeting  expenditure  on (i)  Interest  Subsidy  for  short  term  credit  to  farmers  and  (ii)  Pradhan  Mantri Krishi  Fasal Bima Yojna.

(b):  Does not arise in view of reply at part (a). ******
Lok Sabha Question No. 219 (UNSTARRED), answered on 2017-12-15
Subject: Animal based Gelatine Coating
Ministry: HEALTH AND FAMILY WELFARE
Asked by: ADVOCATE NARENDRA KESHAV SAWAIKAR

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 219 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## ANIMAL BASED GELATIN E COATING

## 219. ADV. NARENDRA KESHAV SAWAIKAR:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a)  whether  a  proposal  to  replace animal  based  gelatine  with  plant  cellulose for  coating  of capsules is under consideration of the Government, if so, the details thereof and reasons there for;
- (b) whether the proposal has been cleared by the Drug Regulator and if so, the details thereof;
- (c) whether the Government has also con ulted Scientific Committee in this regard and if so, the details of their r commendations; and
- (d) whether all safety measures will be ensured by the Government before a final decision is taken and if so, the details thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

(a) to (d): A Committee  under  the  cha irmanship  of  Prof.  C.  K.  Kokate,  Vice - Chancellor, KLE University, Belgaum, Karnataka was constituted to examine all pertinent issues relat use  of  gelatin  capsules  and  its  replacement  by  cellulose  based  capsules  and  to recommendations to the Gove rnment.After detailed deliberations, the Committee has submitted its report to the Government on 23.11.2017.
Lok Sabha Question No. 213 (UNSTARRED), answered on 2017-12-15
Subject: Air India Debt
Ministry: FINANCE
Asked by: UDIT RAJ

## 213: DR. UDIIRA.I:

Will the Minister of FINAtr{CE be pleased to state:

- (a) whether the Govemment proposes  to create  a Special Purpose  Vehicle (SPV)  to house  Air India's debt and clear its balance sheet and if so, the details thereof;  and
- (b) whether  the creation  of such an SPV will clear an anomalous  situation where debts  will be paid for by the Govemment,  instead of entities which  incurred  them and if so, the details thereofl

## ANSWER

## MIMSTEROF STATE IN TIIE MIIYISTRY OT FINANCE

## (sHRr PON. RADTTAKRISTTNAT9

(a)  & (b): The Cabinet Committee  on Economic  Affairs (CCEA)  in its meeting held on 286 June, 2017 granted  'in-principle'  approval for considering  strategic disinvestment  of Air lndia and five of its subsidiaries. It also decided  to constitute an Air India Specific Altemative  Mechpnism (AISAM) to guide the process on Strategic Disinvestment  of the same.

AISAM decided for creation of a Special Purpose Vehicle (SPV) for warehousing accumulated working Capital  Loan not backed  by any asset along with is four Subsidiaries, noncore assets,  painting and artifacts and other non-operations  assets ofAir lndia Limited.

## GOVERNMENT OF INDIA MIMSTRY OF FINAIICE DEPARTMENT OF ECONOMIC AFFAIRS

## LOKSABHA UNSTARRED  QTTESTTON  NO. 213

TO BE ANSWERED ON DECEMBER 15,2017 / AGRAIIAYANA24,  1939 (SAKA)

## AIR INDIA DEBT
Lok Sabha Question No. 212 (UNSTARRED), answered on 2017-12-15
Subject: Unified Custom Duty Rate
Ministry: FINANCE
Asked by: MAHEISH GIRRI

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

*****

## LOK SABHA

## UNSTARRED QUESTION NO.212

## TO BE ANSWERED ON FRIDAY THE 15 TH  DECEMBER, 2017

## AGRAHAYANA 24, 1939 (SAKA)

## UNIFIED CUSTOM DUTY RATE

## 212. SHRI MAHEISH GIRRI:

- Will the Minister of FINANCE be pleased to state: (a) whether NITI Aayog has suggested for unified custom duty rate in its three year action agenda; (b) if so, the details thereof; (c) whether the Government proposes to implement the suggestion for a single custom duty rate for all categories ; and
- (d) if so, the timeline set for its implementation?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI SHIV PRATAP SHUKLA)

(a) and (b): NITI Aayog's  Three Year Action Agenda [2017-18 to 2019-20] published on 01.08.2017 contains the following suggestion regarding Custom duty rates: 'To  the  extent  feasible  without  violating  our  WTO  obligations,  we  should  unify  all custom  duties  at  7%.  Entrepreneurs  perpetually  complain  about  inverted  duty structure. Once duties are unified at a single rate, no basis for such complaints will be left. The 7% rate will also lead to a substantial rise in custom revenue.'

(c) and (d): The tariff rate of basic customs duty (BCD) ranges from Nil to 150% across various  goods  classifiable  under  98  different  chapters  of  the  first  schedule  to  the Customs Tariff Act, 1975. With a view to incentivize domestic value addition, present duty structure provides for a graded rate structure starting from Nil / 2% / 2.5% on basic  raw  materials  and  generally  higher  rates  for  various  goods.  While  calibrating changes in the duty structure, inputs from various stake holders and from various Government  Departments  and  Ministries  as  well  as  NITI  Aayog  are  taken  into consideration. Changes are also made in the duty structure to address inversion in duty structure, wherever possible.

- *******
Lok Sabha Question No. 210 (UNSTARRED), answered on 2017-12-15
Subject: Establishment of Sakhi Centres
Ministry: WOMEN AND CHILD DEVELOPMENT
Asked by: KOTHA PRABHAKAR REDDY

## GOVERNMENT OF INDIA MINISTRY OF WOMEN AND CHILD DEVELOPMENT

## LOK SABHA UNSTARRED QUESTION NO.210

TO BE ANSWERED ON 15.12.2017

## ESTABLISHMENT OF SAKHI CENTRES

## 210.    SHRI PRABHAKAR REDDY KOTHA:

Will the Minister of WOMEN AND CHILD DEVELOPMENT be pleased to state:

- (a) whether  the  Government  has  received  any  proposal  from  the  State  of  Telangana regarding establishment of Sakhi Centres in the newly established districts in the State;
- (b) if so, the details thereof:
- (c) the  action  taken  by  the  Government  on  the  proposal  along  with  the  quantum  of  funds earmarked and released thereunder; and
- (d) the time by which these centres are likely to be established?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF WOMEN AND CHILD DEVELOPMENT (DR. VIRENDRA KUMAR)

- (a) to (d):  The Ministry is implementing Scheme for setting up One Stop Centre since 1st April  2015  to  support  women-affected  by  violence.  Under  the  scheme,  it  has  been envisaged that One Stop Centre would be set up across the country in phased manner. In the first phase, one Centre was sanctioned per State/UT. Further, 150 additional Centres are  taken  up  in  second  phase  during  2016-17.    Recently,  the  cabinet  has  approved  for setting up 150 additional districts during the year 2017-18, 2018-19 and 2019-20.

The  Ministry  has  approved  a  proposal  of  Telangana  for  setting  up  One  Stop Centre  in  Hyderabad  during  2015-16  for  which  an  amount  of  Rs.45,88,047/-  was sanctioned  during  2015-16.  Further,  in  second  phase  during  2016-17,  the  proposal  of setting  up  8  OSCs  in  Adilabad,  Karimnagar,  Khammam,  Mehabubnagar,  Nalgonda, Nizamabad,  Warangal  and  Medak  of  Telangana  were  approved  and  an  amount  of Rs.1,55,31,600/- was released. All these centres are functional.

****
Lok Sabha Question No. 209 (UNSTARRED), answered on 2017-12-15
Subject: Subdermal Implants
Ministry: HEALTH AND FAMILY WELFARE
Asked by: DHARAM VIRA GANDHI

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE

## DEPARTMENT OF HEALTH RESEARCH

## LOK SABHA UNSTARRED QUESTION NO. 209 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## SUBDERMAL IMPLANTS

## 209. SHRI DHARAM VIRA:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a)  whether  the  Government  has  a  plan to  introduce  subdermal  implants  in  light  of the information disseminated by the Indian Council of Medical Research (ICMR) on the Norplant implants for long term contraception;
- (b) if so, the details thereof; and
- (c) if not, the reasons therefor?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SMT. ANUPRIYA PATEL )

- (a): No.

- (b) & (c): Does not arise.
Lok Sabha Question No. 208 (UNSTARRED), answered on 2017-12-15
Subject: Common Entrance Test
Ministry: HEALTH AND FAMILY WELFARE
Asked by: RAMCHARAN BOHARA

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 208 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## COMMON ENTRANCE TEST

## 208. SHRI RAM CHARAN BOHRA:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Supreme Court has given any direction to the Government to conduct a common entrance test for admission in all medical colleges in the country;
- (b) if so, the details thereof and response of the Go vernment thereto;
- (c) whether the States with special tatus are also included under this common entrance test; and
- (d) if so, the details thereof?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

(a) to (d): Section  10D  of  Indian  Medical  Council  Act,  1956  prescribes  conducting  of uniform  entrance  examination  namely  National  Eligibility  cum  Entrance  Test  (NEET)  f admission  to  all  medical  educational  institutions  at  undergraduate  and  post - graduat e  level. Accordingly,  the  NEET  has  been  introduced  from  the  academic  year  2016 - 17  and  the  said examination was successfully conducted in 2017 also. The provision of the IMC Act, 1956 conducting NEET apply across the country without any exemption to any Sta e i cluding the States with special status.
Lok Sabha Question No. 205 (UNSTARRED), answered on 2017-12-15
Subject: Early Warning System for Corporate Frauds
Ministry: CORPORATE AFFAIRS
Asked by: MANOJ RAJORIA

## GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS

## LOK SABHA

UNSTARRED QUESTION NO. 205 ANSWERED ON FRIDAY, THE 15 TH  DECEMBER, 2017 [AGRAHAYANA 24, 1939 (SAKA)]

## EARLY WARNING SYSTEM FOR CORPORATE FRAUDS

## QUESTION

205. DR. MANOJ RAJORIA:

Will the Minister of CORPORATE AFFAIRS be pleased to state:

(a) whether the Government has devised an Early Warning System (EWS) to detect corporate frauds and if so, the details thereof; and

(b) the efficiency/efficacy of the warning system in detecting the corporate frauds of serious nature?

## ANSWER

MINISTER OF STATE FOR LAW AND JUSTICE     (SHRI P. P. CHAUDHARY) AND CORPORATE AFFAIRS

(a) & (b): Serious Fraud Investigation Office (SFIO) of this Ministry is  in  the  process  of  developing  'Early  Warning  System'  (EWS)  to generate  alerts  as  well  as  to  strengthen  its  capability  for  taking stringent  action  against  corporate  misconduct.  For  this  purpose, services of a consulting agency have been engaged to develop the conceptual framework.

*******
Lok Sabha Question No. 203 (UNSTARRED), answered on 2017-12-15
Subject: Disinvestment of HLL Life Care Ltd.
Ministry: HEALTH AND FAMILY WELFARE
Asked by: SURESH KODIKUNNIL

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 203 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## DISINVESTMENT OF HLL LIFE CARE LTD.

## 203. SHRI KODIKUNNIL SURESH:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Government has approved the proposal for disinvestment of the public sector company HLL Life Care Ltd, Trivandrum;
- (b) if so, the details thereof and the steps taken by t he Government in this direction;
- (c) whether the Government is considering to fill vacant post of Chairman and MD of the said company; and
- (d) if so, the details thereof and if not, the reason therefor?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

- (a): Yes,  Cabinet  Committee  on  Economic  Affairs  (CCEA)  in  its  meeting  held  on  1 st November,  2017  has  given  'in  principle'  approval  for  strategic  disinvestment of  100% Government's equity in HLL Lifecare Ltd. by hiving off Medipark and Vaccine ventrure (HBL) of the company as a separate SPV.
- (b): The  Committee  for  selection  of  Asset  valuer  and  Evaluation  committee  for  strate disinvestment of HLL Lifecare Ltd. have been constituted.
- (c): Yes.
- (d): Proposal has already been submitted to DoPT for filling up the post from Civil Se Board after obtaining the approval of CCA.
Lok Sabha Question No. 201 (UNSTARRED), answered on 2017-12-15
Subject: Construction Projects in Protected Areas
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: SUSHMITA DEV

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTION No.201

TO BE ANSWERED ON 15.12.2017

## Construction Projects in Protected Areas

## 201. KUMARI SUSHMITA DEV

Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state

- (a) the number of construction projects within and going through, Protected Areas (PAs) which have been given environmental clearance in the last three years, projects-wise;
- (b) the total area of PAs along with the details of the area affected by the construction in the PAs, location  and State-wise;
- (c) the total area in PAs which has been denotified to remove protection in the past three years, State-wise; and
- (d) the  details  of  new  and  additional  areas  which  are  under  consideration  for  protected status, State-wise ?

## ANSWER

## MINISTER  OF  STATE  IN  THE  MINISTRY  OF  ENVIRONMENT,  FOREST  AND CLIMATE CHANGE (DR. MAHESH SHARMA)

- (a) Ministry of Environment, Forest and Climate Change has not given any Environmental Clearances to the construction projects passing through the Protected Areas (PAs) in the last three years.
- (b) In view of the above, question does not arise.
- (c) & (d) Nil

***
Lok Sabha Question No. 200 (UNSTARRED), answered on 2017-12-15
Subject: Job Security of ASHA Workers
Ministry: HEALTH AND FAMILY WELFARE
Asked by: SAUGATA ROY

## GOVERNMENT OF INDIA MINISTRY OF HEALTH AND FAMILY WELFARE DEPARTMENT OF HEALTH AND FAMILY WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 200 TO BE ANSWERED ON   15 TH DECEMBER, 2017

## JOB SECURITY OF ASHA WORKERS

## 200. PROF. SAUGATA ROY:

Will the Minister of HEALTH AND FAMILY WELFARE be pleased to state:

- (a) whether the Government intends to announce more welfare schemes for the job security of ASHA workers of the country;
- (b) if so, the details thereof;
- (c) whether the Government has noticed the reluctance of some State Governments in giving more facilities to them; and
- (d) if so, the details thereof and the steps proposed to increase their wages and other benefits?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HEALTH AND FAMILY WELFARE (SHRI ASHWINI KUMAR CHOUBEY)

(a) & (b): Under the National Health Mission (NHM) Accredited Social Health Activists or ASHAs are envisaged as honorary volunteers who received only task/activity based incenti They do not receive fixed monthly remuneration. Public Heal th being a State subject, as per the Framework for Implementation of NHM, States have the flexibility to design ASHA incentives

- (c): No such info rmation has been brought to our notice.
- (d): Does not arise in view of (c) above.
Lok Sabha Question No. 198 (UNSTARRED), answered on 2017-12-15
Subject: Environment Tax on Vehicles
Ministry: ENVIRONMENT,  FORESTS AND CLIMATE CHANGE
Asked by: PROF. RAM SHANKAR

## GOVERNMENT OF INDIA MINISTRY OF ENVIRONMENT, FOREST AND CLIMATE CHANGE

## LOK SABHA UNSTARRED QUESTION N0 198

TO BE ANSWERED ON 15.12.2017

## Environment Tax on Vehicles

## 198. DR. RAM SHANKAR KATHERIA:

Will the Minister of ENVIRONMENT, FOREST AND CLIMATE CHANGE be pleased to state:

- (a)   whether  the  Government  has  got  any  study  conducted  by  Foundation  for  Public Economics and Policy Research for combating pollution;
- (b)  if so, the details thereof;
- (c)   whether  the  said  study  group  has  given  suggestions  to  impose  environment  tax  on vehicles at per kilometer rate and if so, the details thereof;
- (d)   whether the Government proposes to enforce the said tax, if so, the manner in which the said tax is likely to be imposed; and
- (e)   whether any scheme has been formulated to utilise the amount collected through the said tax for environmental protection and if so, the details thereof?

## ANSWER

## MINISTER  OF  STATE  IN  THE  MINISTRY  OF  ENVIRONMENT,  FOREST  AND CLIMATE CHANGE (DR. MAHESH SHARMA)

(a) to (c) A study was conducted by Foundation for Public Economics and Policy Research which according to available reports was supported by the erstwhile Planning Commission. The  report  touches  upon  various  aspects  including  fiscal  significance,  economics  of  Road User Taxes, Eco-Taxes for vehicles etc. The report had suggested imposition of presumptive tax  on  vehicles  to  control  the  growth  in  number  of  vehicles and to  generate  additional revenue.

(d) & (e) There is no proposal to impose any environmental tax currently under consideration of  Ministry  of  Environment,  Forest  and  Climate  Change.  However in  compliance of order dated October 9, 2015 of Hon'ble Supreme Court of India in the matter of M.C. Mehta Vs Union of India, Environment Compensation Charges were imposed on Light as well heavy duty commercial vehicles entering Delhi from November 1, 2015 and the amount so collected is  exclusively  used  for  augmenting  public  transport  and  improving  roads,  particularly  for most vulnerable users, that is, cyclists  and  pedestrians  in  Delhi.  Further,  Hon'ble  Supreme Court imposed 1% EPC (Environment Protection Charge) on diesel cars with engine capacity of 2000 cc & more and the amount is deposited with Central Pollution Control Board and is to be used for prevention and control of pollution in Delhi NCR.

*****
Lok Sabha Question No. 196 (UNSTARRED), answered on 2017-12-15
Subject: Resolution Corporation for Banks
Ministry: FINANCE
Asked by: C. MAHENDRAN

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS

## LOK SABHA

UNSTARRED QUESTION NO. 196

## TO BE ANSWERED ON DECEMBER 2017 15t

QUESTTON Resolution Corporation for Ranks

## 196.  SHRI C. MAHENDRAN:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government has   appointed any panellcommittee to sct up 4 Resolution Corporation for banks and other financial institutions;
- (b) if s0, the details thereof; and
- (c) the outcome thereon ?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI P. RADHAKRISHNAN)

(a) In September 2014, the Ministry of Finance had set up a Task Force on Resolution Corporation comprising independent   experts and representatives from Government ad the financial regulators  The Task Force had been; inter alia, assigned to recommend a plan for building a Resolution Corporation, with a focus on the organizational design, buman resource requirements and risk   management   system. The Task Force submitted its Report in June. 2015.

The Financial Regolution and Deposit Insurance Bill, 2017 (FRDL Bill) was introduced in the Parliamcnt in August; 2017 to provide for for specified financial sector entities  The FRDI Bill, inter alia, envisages the setting up of a Regolution Corporation (RC) which is proposed to provide the resolution of certain categories of financial service providers in distress; deposit insurance to the depositors of a insured service provider up to a specified limit; and protection of public funds, for ensuring the stability and resilience of the financial system: for;

Setting up of the RC is dependent on the passing of FRDI Bill by the Parliament: