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Senate adopts resolution to withdraw Rs.5,000 note

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Published: December 19, 2016 09:28 pm

Opposition walks out from senate

ISLAMABAD: The low attendance sitting of Senate adopted resolution on Monday demanding the government to withdraw high denomination Rs. 5000 notes from circulation in order to reduce illicit money flow and reduce the size of undocumented economy.

The resolution was tabled by PPPP lawmaker Osman Saifullah Khan about which Minister for Law Zahid Hamid said that the withdrawal of 5000 rupees’ currency note will hamper business activities in the country.  He urged the mover to not stress on the resolution.

Overall, the House witnessed low attendance of lawmakers as twenty-six (25% of the total membership – 104) lawmakers were present at the start and 15 (14%) at the end of sitting.

Two other resolutions were also adopted by the House which were about augmenting  efforts for rehabilitation of quake victims in Balochistan and empower Senate of Pakistan to pass the Money Bill, including the Finance Bill.

Two resolutions were dropped due to absence of the movers, demanding fixation of Rs. 20,000 as minimum salary of Government and non-Government employees and to designate a place for holding public meetings and agitations by the political parties in Islamabad.

The  House passed the Corporate Rehabilitation Bill, 2015 and witnessed introduction of four private members’ bills, including the Transplantation of Human Organs and Tissues (Amendment) Bill, 2016; the Islamabad Capital   Territory Private Educational Institutions (Registration and Regulation) (Amendment) Bill, 2016; the Constitution (Amendment) Bill, 2016 (Amendment of Article 251) and the Constitution (Amendment) Bill, 2016 (Substitution of Article 251).

A bill – the Drug Regulatory Authority (Amendment) Bill, 2016 – was withdrawn by its mover. Chairman Standing Committee on Defence Mushahid Hussain Syed presented reports on the National Command Authority (Amendment) Bill, 2016 and public petition no. 1471 of Mr. Muhammad Tariq, JSO, College of E&ME, and Rawalpindi.

The House discussed three motions under Rule 218 regarding safeguarding of religious freedom in the country, planning and performance of the Capital Development Authority and tests for recruitments in the Government Departments through NTS and other agencies.

Two other motions about performance of the Estate Office, Islamabad and role of the Pakistan Sports Board in promotion of sports in the country were not taken up due to early adjournment of sitting due to lack of quorum.

MQM lawmaker Mian Muhammad Ateeq Shaikh pointed out the quorum at 1903 hours, following which the Chair ordered the bells to be rung for five minutes. However, the quorum was found incomplete upon counting and the Chair adjourned the sitting until Tuesday.

Posted by on December 19, 2016. Filed under Latest Post,News,Proceedings,Senate. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.