Karnataka Assembly Passes Key Legislative Bills

The Karnataka Legislative Assembly has recently passed eight Bills, addressing various issues from groundwater safety to financial accountability. These legislative changes reflect the government’s commitment to enhancing public safety and improving regulatory frameworks.

Karnataka Groundwater Regulation Bill

This Bill aims to regulate open borewells and prevent accidents, particularly involving children and holds borewell drillers and landowners accountable for ensuring the safety of borewells. The Bill includes provisions for imposing fines on those who fail to properly seal non-functional borewells.

Protection of Depositors Bill

The amendment to this Bill targets fraud in financial establishments. It establishes accountability for directors and partners, including those who resign after collecting investments. The aim is to eliminate loopholes that allow individuals to evade punishment for financial misconduct.

Karnataka Goods and Services Tax Amendment

This amendment simplifies the tax collection process, aiming to reduce disputes between taxpayers and the government. With over 80,000 cases pending in court, involving ₹15,000 crore, the amendment seeks to expedite resolutions and improve tax compliance.

Bengaluru Property Tax Settlement Bill

The Bruhat Bengaluru Mahanagara Palike Bill allows for a one-time settlement of property taxes. This initiative aims to ease the financial burden on property owners and streamline tax collection in the city.

Karnataka Tourism Ropeways Bill

This Bill establishes an authority dedicated to the maintenance and regulation of ropeways. It aims to promote tourism while ensuring safety and operational efficiency in ropeway services.

Development Authority Bill

The Basavanabagewadi Development Authority Bill facilitates local governance and infrastructure development. This legislation aims to enhance urban planning and public services in the region.

Karnataka State Universities Amendment Bill

This Bill renames Raichur University to Adikavi Sri Maharshi Valmiki University. The amendment reflects a commitment to honour historical and cultural figures through educational institutions.

Chanakya University Amendment Bill

This Bill introduces amendments to the governance and operational framework of Chanakya University, enhancing its administrative efficiency and academic offerings.

GKToday Notes:

1. Karnataka Groundwater Regulation Bill: This Bill regulates open borewells. It aims to prevent accidents involving children. It holds drillers and landowners accountable for safety measures.
2. Protection of Depositors Bill: This amendment addresses fraud in financial establishments. It establishes accountability for directors and partners. It aims to close loopholes allowing evasion of punishment.
3. Karnataka Tourism Ropeways Bill: This Bill creates an authority for ropeway maintenance. It aims to enhance tourism and ensure operational safety. It promotes efficient management of ropeway services.
4. Basavanabagewadi Development Authority Bill: This Bill facilitates local governance and infrastructure development. It aims to improve urban planning. It enhances public services in the Basavanabagewadi region.

Month: Current Affairs - December, 2024

Category: Government Schemes Current Affairs