opensansad/lok-sabha-qa huggingface dataset:
Lok Sabha Question No. 1985 (UNSTARRED), answered on 2023-03-13
Subject: Investigation into the Stock Market Manipulation by Adani Group of Companies
Ministry: FINANCE
Asked by: T.N. Prathapan

## Government of India Ministry of Finance Department of Economic Affairs

## LOK SABHA UNSTARRED QUESTION NO. 1985

## TO BE ANSWERED ON MONDAY, MARCH 13, 2023/ PHALGUNA 22, 1944 (SAKA)

## Investigation into the Stock Market Manipulation by Adani Group of Companies

1985. SHRI T.N. PRATHAPAN:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government proposes to conduct any investigation into the alleged stock manipulation by Adani group of companies and if so, the details thereof;
- (b) whether the Government is aware of the fall in the fortune of the head of Adani group of companies and if so, the details thereof and the reaction of the Government thereto;
- (c) whether the Government is aware of the reasons behind the said fall in the fortune of Adani group of companies and if so, the details thereof;
- (d)  whether  the  Government  has  taken  any  precautions  to  stop  the  Chairman  of  Adani  group  of companies from fleeing the country and if so, the details thereof;
- (e) whether the Government has taken note of the reported crash in the stock markets in January and February, 2023 and if so, the details thereof and the reaction of the Government thereto; and
- (f) whether the Government has assessed the loss registered by the public sector companies and banks on account of the fall in the share prices of Adani enterprises and if so, the details thereof?

## ANSWER MINISTER OF STATE FOR FINANCE (SHRI PANKAJ CHAUDHARY)

- (a):  The  Securities  and  Exchange  Board  of  India  (SEBI),  as  the  statutory  regulator  of  securities markets,  is  mandated  to  put  in  place  regulatory  frameworks  for  effecting  stable  operations  and development of the securities markets including protection of investors. As per its mandate, it conducts investigations into any alleged violations of its Regulations by any market entity. It is, accordingly, undertaking investigation into the market allegations against the Adani Group of companies.
- (b) to (f):   The nine listed companies forming part of Adani Group witnessed a decline of around 60% of market capitalization from January 24, 2023, till March 01, 2023 subsequent to the report published by Hindenburg Research.  These companies are not part of Sensex and have a combined weight of below 1% in Nifty.

The volatility in the stocks of these companies have not had any significant impact at the systemic level. Nifty 50 declined by around 2.9% in the month of January 2023 and by around 4.9% in the 2-month period of January and February 2023.

The pricing of individual stocks and variations, over or undervaluation, and the price risks borne by investors are determined by the dynamics of demand and supply. The regulatory framework provides for surveillance mechanisms which are triggered in instances of volatility in share prices of specific companies.

*****
Lok Sabha Question No. 1982 (UNSTARRED), answered on 2023-03-13
Subject: GDP Growth of India
Ministry: FINANCE
Asked by: Dibyendu Adhikari

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

## LOK SABHA UNSTARRED QUESTION NO. 1982

TO BE ANSWERED ON MARCH 13, 2023

## GDP GROWTH OF INDIA

1982. SHRI DIBYENDU ADHIKARI:

Will the Minister of FINANCE be pleased to state:

- (a) whether the  Indian  economy  in  terms  of  growth  in  present  Gross  Domestic Product  (GDP)  has  fallen  from  8.7  per  cent  (2021)  to  below  5  per  cent  as  on December 2022 and if so, the details thereof and the reaction of  the  Government thereto;
- (b) whether the country is not listed in top fifteen countries by GDP in 2022 in the World Bank ranking and if so, the details thereof and the reaction of the Government thereto; and
- (c) the steps taken/being taken by the Government to place the country in the list of top fifteen countries?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHHARY)

- (a): As per the latest estimates of National Income released by National Statistical Office, Ministry of Statistics and Programme Implementation, real GDP is projected to grow by 9.1 per cent in 2021-22 (1 st  RE) and 7 per cent in 2022-23 (2 nd  AE). The annual data, which provides a stable basis for assessment, shows that the growth momentum of the Indian economy continues after completing full recovery. The IMF and the World Bank projects India to be the fastest-growing major economy in 2023.

(b)-(c):  As  per  the  latest  data  available  on  World  Development  Indicators,  World Bank,  India  is  the  5 th   largest  economy  in  terms  of  GDP  ranking  of  countries  at Current US$ in 2021.

********
Lok Sabha Question No. 1981 (UNSTARRED), answered on 2023-03-13
Subject: Higher Education Council of India
Ministry: Education
Asked by: P.R. Natarajan

## GOVERNMENT OF INDIA MINISTRY OF EDUCATION DEPARTMENT OF HIGHER EDUCATION

## LOK SABHA UNSTARRED QUESTION No-1981

ANSWERED ON- 13/03/2023

## HIGHER EDUCATION COUNCIL OF INDIA

1981. SHRI NATARAJAN P.R.:

Will the Minister of EDUCATION be pleased to state:

- (a) whether  the Government  has  brought  about  structural changes  and  policy frameworks in functioning of Higher Education Council of India, in place of University Grants Commission (UGC);

(b) if so, the details thereof along with its composition and control over higher education system; (c) the proposed funding pattern for the maintenance and human resources issues; (d)  whether  the  Government's  reservation  policy  and  Right  to  Compulsory  and  Free

- Education Scheme would be available in the policy framework; and
- (e) if so, the details thereof and if not, the reasons therefor?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF EDUCATION (DR. SUBHAS SARKAR)

- (a) to (e): The National Education Policy (NEP) 2020 envisions setting up of a Higher Education Commission of India as an umbrella body with four independent verticals to perform distinct functions of regulation, accreditation, funding, and academic standard setting. Accordingly, the Ministry is in the process of drafting a Bill for establishment of the Higher Education Commission of India.

*****
Lok Sabha Question No. 1977 (UNSTARRED), answered on 2023-03-13
Subject: Construction Around Monuments
Ministry: CULTURE
Asked by: Asaduddin Owaisi

## GOVERNMENT OF INDIA MINISTRY OF CULTURE

## LOK SABHA UNSTARRED QUESTION NO.1977

TO BE ANSWERED ON 13.03.2023

## CONSTRUCTION AROUND MONUMENTS

## 1977. SHRI ASADUDDIN OWAISI:

Will the Minister of CULTURE be pleased to state:

- (a) whether as per Ancient Monuments and Archaeological Sites and Remains (AMASR) Act bans construction activities;
- (b) if  so,  whether  the  Government  is  going  to  amend  the  said  act  to  liberalize  100-metre restriction for construction activities around core area of the monuments to attract private participation and improve infrastructure for tourism; and
- (c) if so, the details thereof and time by which the said act is likely to be amended to attract investment for basic amenities around heritage sites?

## ANSWER

## THE MINISTER OF CULTURE, TOURISM AND DEVELOPMENT OF NORTH EASTERN REGION (SHRI G. KISHAN REDDY)

- (a) Section 20A of the Ancient Monuments and Archaeological Sites and Remains Act, 1958 specifies an area extending to a distance of one hundred meters in all directions from the protected limit of any protected area or protected monument as prohibited area wherein construction activities are not allowed.
- (b) The Government has taken a decision to examine the legal issues affecting construction
- & related  activities  around  centrally  protected  monuments  and  sites  in  order  to  allow  for
- (c) infrastructure while at the same time preserving the rich heritage of the country.

*****
Lok Sabha Question No. 1976 (UNSTARRED), answered on 2023-03-13
Subject: Benefits to Tribal Population
Ministry: TRIBAL AFFAIRS
Asked by: Sunil Baburao Mendhe

## GOVERNMENT OF INDIA MINISTRY OF TRIBAL AFFAIRS

## LOK SABHA UNSTARRED QUESTION NO- 1976

TO BE ANSWERED ON- 13/03/2023

## BENEFITS TO TRIBAL POPULATION

1976. SHRI SUNIL BABURAO MENDHE :

Will the Minister of TRIBAL AFFAIRS be pleased to state:

- (a) whether any new initiatives for tribal population taken up by the Government during the last three years in Maharashtra;
- (b) if so, the details thereof;
- (c) the status of these initiatives; and
- (d) if so, the details of the benefits that tribal population have received from them?

## ANSWER

## MINISTER OF STATE FOR TRIBAL AFFAIRS (SMT. RENUKA SINGH SARUTA)

(a)  to  (d): Government  has  revamped  the  existing  Scheme  of  'Special  Central  Assistance toTribal Sub-Scheme (SCA to TSS) with nomenclature 'Pradhan Mantri Adi Adarsh GramYojana  (PMAAGY)',  for  implementation  during  2021-22  to  2025-26,  which  aims atcomprehensive development of 36,428 villages having at least 50% ST population and 500 STs across  States  /  UTs  covering  about4.22 crore  tribal  population  (About  40%  of  the total  Tribal Population).

The  scheme  envisions  to  mitigate  gaps  prominently  in  8  sectors  of  development  viz.  Road connectivity (Internal and Intervillage /block), Telecom connectivity (Mobile /internet), School,  Anganwadi  Centres,  Health  Sub-Centre,  Drinking  water  facility,  Drainage  and  solid waste management. States /UTs are encouraged for convergence of resources as Central / State Tribal Sub Plan / ScheduledTribeComponent funds and other financial resources available with them for saturation ofgaps in the villages identified under PMAAGY.

3605  villages  in  Maharashtra  have  been  identified  under  PMAAGY.  Ministry  has  approved Village Development Plan (VDP)for 759villages for the year 2021-22 and 655villages for the year  2022-23.  Rs.  13485.50  Lakh  have  been  released  to  State  Government  of  Maharashtra  in 2022-23 under the scheme.

*****
Lok Sabha Question No. 1975 (UNSTARRED), answered on 2023-03-13
Subject: Development of Ram Van Gaman Path
Ministry: CULTURE
Asked by: Rajyavardhan Singh Rathore

## GOVERNMENT OF INDIA MINISTRY OF CULTURE

## LOK SABHA UNSTARRED QUESTION NO.1975

TO BE ANSWERED ON 13.03.2023

## DEVELOPMENT OF RAM VAN GAMAN PATH

## 1975. COL. RAJYAVARDHAN RATHORE:

Will the Minister of CULTURE be pleased to state:

- (a) the details regarding the progress in the development of Ram Van Gaman Path;
- (b) the details of parts which have been completed in the said path and the time by which the remaining part is likely to be completed;
- (c) the  mechanism  by  which  the  Central  Government  is  monitoring  it  along  with  the financial assistance provided for it so far; and
- (d) the State-wise details of the status of this project?

## ANSWER

## THE MINISTER OF CULTURE, TOURISM AND DEVELOPMENT OF NORTH EASTERN REGION (SHRI G. KISHAN REDDY)

- (a) There is no such project by the Government of India, However, a state initiated project called  'Ram  Vangaman  Paryatan  Paripath  Pariyojana'  is  underway  in  the  state  of Chhattisgarh. Under Swadesh Darshan Scheme, the Ministry of Tourism, Government of India has sanctioned two projects under Ramayana Circuit, namely (i) Development of Chitrakoot and Shringverpur and (ii) Development of Ayodhya.
- (b) Ram  Vangaman  project  commenced  in  the  year  2020  identifying  10  locations  in 1 st phase of development which is planned for completion by June 2023.
- (c) Since there is no such project of Ram Vangaman by Central Government, question of
- & monitoring does not arise.

(d)

*****
Lok Sabha Question No. 1972 (UNSTARRED), answered on 2023-03-13
Subject: Scholarships for Higher Education
Ministry: Education
Asked by: Jayant Sinha

## GOVERNMENT OF INDIA MINISTRY OF EDUCATION

## DEPARTMENT OF HIGHER EDUCATION LOK SABHA UNSTARRED QUESTION No. 1972

ANSWERED ON 13/03/2023

## SCHOLARSHIPS FOR HIGHER EDUCATION

## 1972.   SHRI JAYANT SINHA:

Will the Minister of EDUCATION be pleased to state:

(a) the details of the scholarships provided by the Government for higher education in national and foreign institutes;

- (b) the number of applications received for each scholarship and the number of students provided with  scholarships  for  higher  education  in  national  and  foreign  institutions  during  the  last  five years, State-wise; and

(c) the number of applications received and applicants selected for such scholarships during the last year from Jharkhand, district-wise?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF EDUCATION (DR. SUBHAS SARKAR)

- (a) The  Ministry  of  Education,  Government  of  India  and  its  autonomous  bodies  namely University  Grants  Commission  (UGC)  and  All  India  Council  Technical  Education (AICTE)  are  implementing  different  scholarship  schemes  for  higher  education  to  the students  studying  in  various  institutes  within  India.  The  details  of  these  schemes including the number of slots, assistance offered and eligibility criteria are available in the following websites:
- (b)  &  (c):  State-wisedetails  of  applications  received  for  each  scholarship  and  the  number  of students provided with scholarships for higher education in India during the last five years, is at the  link  https://www.education.gov.in/parl\_ques.  The  data  for  application  received  for  the scholarship  is  maintained  at  State  level.  The  number  of  applications  received  and  applicants selected for such scholarships during the last year from Jharkhand is at the link https://www.education.gov.in/parl\_ques.

|   Sl. No. | Ministry/ Department                      | Website links                                                    |
|-----------|-------------------------------------------|------------------------------------------------------------------|
|         1 | Department of Higher Education            | https://www.education.gov.in/pm-usp-scholarships- education-loan |
|         2 | University Grants Commission              | https://www.ugc.ac.in/page/scholarships-and- fellowships.aspx    |
|         3 | All India Council for Technical Education | https://www.aicte-india.org/bureaus/rifd/Scholarship- Schemes    |

*****
Lok Sabha Question No. 1971 (UNSTARRED), answered on 2023-03-13
Subject: Release of DA Arrears to Central Government Employees and Pensioners
Ministry: FINANCE
Asked by: C. Lalrosanga

## Government of India Ministry of Finance Department of Expenditure

## Lok Sabha

Unstarred Question No. 1971 To be answered on Phalguna 22, 1944 (Saka)

## Release of DA Arrears to Central Government Employees and Pensioners

## 1971: SHRI C. LALROSANGA:

Will the Minister of Finance be pleased to state:

- (a) whether the Government has any plan to release the 18 months DA Arrears stopped during Covid-19 Epidemic to Central Government Employees and Pensioners in the near future and if s0, the details thereof and the time by when the Government is likely to release the arrears;
- (b) the reasons for the delay in the release of said DA arrears; and
- (c) the total amount of funds required for the disbursement of the DA Arrears to Central Government Employees and Pensioners?

## Answer

## Minister of State in the Ministry of Finance (Shri Pankaj Chaudhary)

- (a)&(b): Sir, The decision to freeze three instalments of Dearness Allowance(DA)Dearness Relief (DR) to Central Government employees/pensioners due from 01.01.2020, 01.07.2020 & 01.01.2021 was taken in the context of COVID19, which caused economic disruption; SO as to ease  pressure on Government finances. As the adverse financial impact of pandemic in 2020 and the financing of welfare measures taken by Government had a fiscal spill over beyond FY 2020-21, arrears of DAIDR which mostly  pertain to the difficult FY of 2020-21 are not considered feasible. Even now the fiscal deficit of the Government is running at more than double the level envisaged in the FRBM Act. No,
- (c): Does not arise. However , an amount of Rs.34402.32 crores had been saved and utilized to tide over the economic impact of COVID-19 pandemic on account of freezing of three installments of Dearness Allowance and Dearness Relief payable to Central Government employees and pensioners.
Lok Sabha Question No. 1970 (UNSTARRED), answered on 2023-03-13
Subject: Development of Sonbeel as Tourist Destination
Ministry: DEVELOPMENT OF NORTH EASTERN REGION
Asked by: Kripanath Mallah

## Government of India Ministry of Development of North Eastern Region

## LOK SABHA UNSTARRED QUESTION No. 1970

To be answered on Monday, March 13, 2023/ Phalguna 22, 1944 (Saka)

## QUESTION

## Development of Sonbeel as Tourist Destination

## 1970.   SHRI  KRIPANATH MALLAH

Will  the  Minister  of  DEVELOPMENT  OF  NORTH  EASTERN  REGION be pleased to state:

- (a) whether  the  Government  has  received  any  formal  proposal  from  the  State Government  of  Assam,  which  was  sent  by  the  Deputy  Commissioner  of  Karimganj district  to  the  T&D Department of Assam Secretariat for development of Sonbeel, the largest wetland of Assam as tourist spot/destination; and
- (b) if so, the details and the present status thereof?

## ANSWER

## The Minister of the Ministry of Development of North Eastern Region [Shri G. Kishan Reddy]

(a)&  (b)The  Ministry  of  Development  of  North  Eastern  Region  has  not  received  any formal  proposal  from  the  State  Government  of  Assam    regarding  development  of Sonbeel  as tourist spot/ destination.
Lok Sabha Question No. 1969 (UNSTARRED), answered on 2023-03-13
Subject: Uday Kotak Committee on Corporate Governance
Ministry: FINANCE
Asked by: Chandra Sekhar Bellana

## Government of India Ministry of Finance Department of Economic Affairs

## LOK SABHA

## UNSTARRED QUESTION NO.1969

## TO BE ANSWERED ON MONDAY, MARCH 13, 2023/ PHALGUNA 22, 1944 (SAKA)

## Uday Kotak Committee on Corporate Governance

1969. SHRI CHANDRA SEKHAR BELLANA: SHRI MADDILA GURUMOORTHY:

Will the Minister of FINANCE be pleased to state:

- (a)  whether  the  Government  is  taking  measures  to  implement  the  recommendations  of  the  Uday  Kotak Committee;
- (b) if so, the details thereof;
- (c) if not, the reasons therefor;
- (d) the progress made in this respect; and
- (e) the details of other such measures being taken by the Government for improving Corporate Governance?

## MINISTER OF STATE FOR FINANCE (SHRI PANKAJ CHAUDHARY)

- (a) to (d): After duly considering the recommendations of the Uday Kotak Committee in its report submitted in October 2017 and the public comments thereon, SEBI has implemented various recommendations by way of amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. These include amendments related to measures related to Composition and Role of the Board of Directors, the Institution of Independent  Directors,  Board  Committees,  Enhanced  Monitoring  of  Group  Entities,  Promoters/Controlling Shareholders and Related Party Transactions, Disclosures and Transparency, Accounting and Audit related issues, constitution of Risk Management Committee and Investor Participation in Meetings of Listed Entities.
- (e): Provisions in the Companies Act, 2013 (Act) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 promote good corporate governance viz enhanced accountability of directors & management, enhanced disclosures and transparency, role of independent directors and woman directors, audit independence and accountability along-with strict legal actions against those violating these provisions and protect interest of investors including minority shareholders. Some of the recent measures undertaken by SEBI to improve corporate governance, inter-alia, include-
- i. Introduction of provisions relating to appointment or re-appointment of persons who fail to get elected as directors, including as Whole-time directors (WTDs) or Managing Directors (MDs) or Managers, at the general meeting of a listed entity
- ii. Strengthening regulatory provisions and Enhancing Disclosures related to Related Party Transactions under SEBI (LODR) Regulations,
- iii. Strengthening Independence and Enhancing Effectiveness of Independent Directors (IDs)

******
Lok Sabha Question No. 1961 (UNSTARRED), answered on 2023-03-13
Subject: Service Charges by Banks
Ministry: FINANCE
Asked by: Vishnu Dutt Sharma

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO.1961

To be answered on the March 13, 2023/Phalguna 22,1944 (Saka)

## Service Charges by Banks

## 1961. SHRI VISHNU DATT SHARMA:

Will the Minister of FINANCE be pleased to state:

- (a) whether the Government is cognisant of the Non-observance of Fair Practices Code (FPC) and Violation  of  RBI  Directives  by  banks,  especially  private  banks,  by  charging  exorbitant  and  unfair fees/charges/penalties on their various financial services;
- (b) if so, whether the Government has instituted any study or research and action plan on this issue, if so, the details thereof;
- (c) whether complaint disposal rate by banking ombudsman has been efficient enough; and
- (d) if so, the details thereof and if not, the reasons therefor?

## ANSWER

## THE MINISTER OF STATE FOR FINANCE (DR. BHAGWAT KARAD)

(a) to (d): Reserve Bank of India (RBI) has informed that service charges have been deregulated for Scheduled Commercial Banks (SCBs). As per extant guidelines of RBI, banks may fix charges as per their Board approved policies while ensuring that the charges are reasonable and not out of line with the  average  cost  of  providing  these  services.  Also,  on  the  basis  of  the  recommendations  of  the Working Group on Lenders' Liability Laws constituted by the Government, RBI has advised all SCBs to adopt the guidelines and frame the Fair Practices Code duly approved by their Board of Directors including inter-alia appropriate  grievance  redressal  mechanism  within  the  organization  to  resolve customer grievances involving deficiency in service.

Further, RBI has integrated its three erstwhile Ombudsman Scheme viz. (i) the Banking Ombudsman Scheme, 2006, (ii) the Ombudsman Scheme for Non-Banking Financial Companies, 2018 and (iii) the Ombudsman Scheme for Digital Transactions, 2019, into one Scheme'Reserve Bank - Integrated Ombudsman  Scheme,  2021'  (RB -IOS,  2021).  RB-IOS  2021  provides  for  cost-free  redressal  of customer complaints involving deficiency in services rendered by entities regulated by RBI, if not resolved  to  the  satisfaction  of  the  customers  or  not  replied  to  within  a  period  of  30  days  by  the regulated entity.

As per information received from RBI, the complaint disposal rate at the Offices of RBI Ombudsman (ORBIO) has improved from 92.52% during 2019-20 (July to June) to 97.97% during 2021-22 (April to March).

*****
Lok Sabha Question No. 1960 (UNSTARRED), answered on 2023-03-13
Subject: Capital Gains Tax Structure
Ministry: FINANCE
Asked by: Y. S. Avinash Reddy

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE

## LOK SABHA

UNSTARRED QUESTION NO. 1960 TO BE ANSWERED ON MONDAY, MARCH 13, 2023/  PHALGUN 22, 1944 (SAKA)

## CAPITAL GAINS TAX STRUCTURE

## 1960. SHRI Y. S. AVINASH REDDY

Will the minister of Finance be please to state:

- (a) Whether the government is planning to bring changes to the capital gains tax structure, to bring parity among tax rates and holding periods for investments across equity, debt and immovable property; and
- (b) If so, the details and the present status thereof?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF FINANCE

(SHRI PANKAJ CHAUDHARY)

- (a) and (b) there is no proposal under consideration for same tax rates and holding periods for investments.

*****