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    Parliament session from April 25 to complete financial business
    Major Highlights of the Finance Minister Shri Arun Jaitley’s Engagements in Washington D.C. on 15th April, 2016, the Third Day of his US Official Vi...
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    April 23, 2016
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    Finance Bill debate and appropriation measures scheduled, prompting consideration of demands for grants and multiple legislative amendments.
    Parliament convenes from April 25 to May 13, 2016 to complete financial business, prioritising consideration and passage of the Finance Bill, 2016 and the Railways Appropriation Bill, 2016, along with debates on Demands for Grants in Lok Sabha and examination of ministry workings in Rajya Sabha; the legislative programme lists multiple bills pending committee reports or transmission between Houses, and the agenda includes ratification of a Presidential Proclamation and two ordinances.
    April 16, 2016
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    IMF quota review urged to boost developing countries' voice; calls for World Bank shareholding review and action on tax havens.
    G-20 discussions urged a review of IMF quotas and World Bank shareholding to increase developing countries' voice; recommended leveraging Multilateral Development Banks' balance sheets to mobilise infrastructure investment; and committed to stronger measures against tax havens, corruption, tax evasion, terrorist financing and money laundering. Bilateral meetings sought increased World Bank financing capacity, greater representation of developing country nationals in senior management, support for regional connectivity and large infrastructure projects, and enhanced tax information sharing to address cross border financial flows.

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