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National News

Feb 13, 2019
2:14PM

Lok Sabha passes Unregulated Deposit Scheme Bill 2018

File Pic: LS TV
The Lok Sabha today passed the Unregulated Deposit Scheme Bill 2018 amid sloganeering by opposition TMC and SP members. 

Finance Minister Piyush Goyal said the Bill will protect the poor people who work in unorganised sector and invest small amounts of money in different schemes. 

Mr Goyal said the Bill provides for a comprehensive mechanism to ban the unregulated deposit scheme and to protect the interests of depositors.

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