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The Economic Times: For a
Productiveउत्पादक Budget Session
The government has to take
the initiativeपहल.
It is welcome that the prime
minister convenedबुलाई a meeting of all major
political parties to try and get Parliament to work in the coming Budget
session.
We hope Parliament will transact business beyond the bare minimum of
passing the general and the Railway budgets. Parliament must work, both to pass
essential legislation and to hold the government to account. By being disrupted
बाधित
continuously , and not being able to do its job, Parliament is beginning to
look like a caricatureकारटूनवाला of what it is meant
to be.This must change. For that to happen, both the ruling and Opposition
sides must show a sense of mutual respect and accommodation.
The most urgent Bill
Parliament must pass is the one to create a new bankruptcy code. Expeditiousशीघ्र
resolutionसंकल्प of bad loans worth at least five lakh
crore rupees calls for such a law. This is now vitalमहत्वपूर्ण for
the health of the banking system, whose good health is a prerequisiteशर्त for
it to be able to lubricate चिकनाना the economy with the
flow of finance.
The Bill should have
bipartisanद्विदलीय support and must be passed
at the earliest.
The goods and services tax
is another Bill that just awaitsइंतजार कर रहा है political accommodationआवास
between the ruling and Opposition sides to be legislated into reality. Yes,
there are differences on provisions of the Bill, but none that cannot be
resolved if there is political will to pass the law.
The onus भार
lies primarily on the government. The government gets the credit for bringing
before Parliament and passing constructiveरचनात्मक
laws. The Opposition is not dying to give the government such credit. So, the
initiativeपहल for making a success of the legislative
agenda has to come from the government. And this cannot be a matter of
conveningआयोजन a meeting of leaders prior to the
Parliament session. To engage संलग्न the Opposition to
get business done, the government must demonstrateदिखाना its
preparednessतत्परता to address the Opposition's legitimate
concerns. Branding the principal Opposition, the Congress, anti-national, as
the BJP president has, does not signal a conciliatory approach. This does not
augur well for a productive Budget session. We hope the portents संकेत are
wrong.
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