- The Centre is going to introduce a Bill in the upcoming Budget session of Parliament to amend two electoral laws that will give voting rights to people who became Indian citizens following the exchange of enclaves between India and Bangladesh.
- The Union Cabinet on Wednesday gave its approval to amend Section 11 of the Delimitation Act, 2002, and Section 9 of the Representation of the People Act, 1950, that will allow this limited exercise of delimitation of Assembly and parliamentary constituencies in Cooch Behar district of West Bengal following the exchange of 51 Bangladeshi and 111 Indian enclaves in July last year.
- Following the delimitation, the people residing in these areas will be made voters of their respective Assembly and parliamentary constituencies.
- In a historic pact between India and Bangladesh, 51 Bangladeshi enclaves (Chhitmahals) in Indian territory and 111 Indian enclaves in Bangladesh territory were exchanged with effect from July 31, 2015. The move altered the geography and demography of the district of Cooch Behar.
- With a view to carry out consequential geographic and demographic alterations vis-Ã -vis the electoral mosaic of the affected areas, the Election Commission requested to amend Section 11 of the Delimitation Act and Section 9 of the Representation of the People Act to enable it to carry out limited delimitation of constituencies in the affected areas.
- Since the newly acquired area has become part of the Indian territory, it is required to make delimitation exercise within the limited constituency area before the ensuing state Assembly elections in West Bengal.
Disinvestment Receipts The term refers to the money raised by the Government through disinvestment, or the sale of its equity stake in companies it owns. Fiscal Responsibility and Budget Management Act The Act is an attempt to make the Government adhere to a phased plan to reduce fiscal deficit, which denotes an excess of expenditure over revenue. Dividend Distribution Tax This is a tax levied on companies that pay out dividends to its shareholders, i.e. share a portion of earnings with them. Venture Capital Funds These are funds that invest in startups, a financially riskier proposition than investing in established companies. Securities Transaction Tax It is a tax on all transactions done over the stock exchanges involving securities such as shares, derivatives, and equity-linked mutual funds. Wholesale Price Index (WPI) It is a measure of inflation, or price change, arrived at after regularly measuring the prices of a slew of wholesale goods. Consumer Price...
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