(Video) Rajya Sabha TV (RSTV) Laws in The Making: The Chit Funds (Amendment) Bill, 2019


(Video) Rajya Sabha TV (RSTV) Laws in The Making: The Chit Funds (Amendment) Bill, 2019


Topic: The Chit Funds (Amendment) Bill, 2019

Guest:

  • Mudit Kapoor, (Associate Professor ,Indian Statistical Institute)
  • T. S. Sivaramakrishnan, (President, All India Association of Chit Funds)
  • Kamal Bhambhani, (Secretary, All India Association of Chit Funds)
  • Laksh Bhambhani, (Founder, Muffin App)

Topic Description:

The Chit Funds (Amendment) Bill, 2019 has been introduced to remove bottlenecks being faced by the chit fund industry and to enable greater financial access to people. The Bill amends the Chit Funds Act to bring in changes to the regulation of the chit business sector to protect the interests of the subscribers to chits.

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Courtesy: RSTV