Irked with the frequent face-off between the BJP and TMC MPs from West Bengal, Lok Sabha Speaker Om Birla on Monday warned the members not to turn the Lok Sabha into West Bengal Assembly. The war of words between the MPs started during the debate on the Chit Fund (Amendment) Bill. "Don’t turn the Lok Sabha into the West Bengal Assembly," warned Birla.
The war of words broke out when BJP member Locket Chatterjee alleged that the "entire TMC is involved in chit fund irregularities, duping gullible investors of their hard-earned money". She alleged that the West Bengal Chief Minister Mamata Banerejee was protecting those who had run away with poor people’s money. Chatterjee also alleged that 40 per cent of the money collected by the various chit funds in West Bengal had gone to agents, who were members of the TMC.
Hitting back at Chatterjee, Kalyan Banerjee of the TMC rejected her allegations and soon started again arguments and shouting by the MPs. This led to the Chair to intervene and urge them against making personal remarks.
The Bill was moved by MoS Finance Anurag Thakur. The Bill proposes to amend certain definitions to enable the increased investment in Chit Funds.
The bill also has amendments to distinguish between the approved Chit Funds and illegal Chit Funds like Prize Chits etc. During the debate many MPs pointed out the lack of legal frame work to fix the scamsters.The Bill is expected to be passed on Tuesday.