Sharad Pawar meets PM Modi, has 50-min chat
Sharad Pawar meets PM Modi, has 50-min chat
Updated: Jul 18, 2021, 06:52 IST
NEWDELHI Two days ahead of monsoon session, the Nationalist
Congress Party (NCP) chief Sharad Pawar met Prime Minister Narendra Modi on Saturday and talked for about 50 minutes, the Prime Minister’s Office said.
“Rajya Sabha MP Shri Sharad Pawar met PM Narendra Modi,” the Prime Minister’s Office tweeted. The monsoon session of
Parliament is beginning on July 19.
The meeting took pace amid reports over fissures in the Maha Vikas Aghadi (MVA) coalition government in Maharashtra.
The meeting took place ahead of the monsoon session that begins soon
Pawar meets PM Modi, talks Shah s new ministry and Banking Act
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Ahead Of Monsoon Session Of Parliament, NCP Chief Sharad Pawar Meets PM Modi
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Last year, Parliament had approved amendments to the BR Act which led to cooperative banks coming under the supervision of the Reserve Bank of India.
In a statement released after his meeting, Pawar said that he pointed out certain inconsistencies and the resulting legal inefficacy of normative provisions of the Banking Regulation Act.
NCP chief Sharad Pawar points certain inconsistencies&the resulting legal inefficacy of normative provisions of th… https://t.co/zfgizKXwab ANI (@ANI) 1626517092000
He said the inconsistencies are in conflict most specifically with the 97th Constitutional Amendment, State Co-operative Societies Acts and with the Co-operative Principles.
In his letter, Pawar said the incorporation, regulation and winding up of cooperative banks should be the exclusive domain of the states and not the Reserve Bank of India.