Indian Trusts (Amendment) Bill, 2014

Published By : Admin | December 5, 2014 | 19:12 IST

The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, today approved the introduction of the Indian Trusts (Amendment) Bill, 2014 in the current session of Parliament to amend section 20 and 20A of the Indian Trusts Act, 1882.

The amendments are intended to provide the trustees greater autonomy and flexibility to take decisions on investment of trust money. This would enable the Central Government to notify securities or class of securities, for investment by trusts and to remove the outdated provisions occurring in section 20 of the Indian Trusts Act, 1882.

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Prime Minister meets former Prime Minister Shri HD Devegowda
July 25, 2024

The Prime Minister, Shri Narendra Modi met with former Prime Minister Shri HD Devegowda at 7, Lok Kalyan Marg in New Delhi.

In a X post, the Prime Minister said;

“It was an honour to meet former Prime Minister, Shri HD Devegowda Ji at 7, Lok Kalyan Marg. His wisdom and perspective on various subjects are deeply valued. I am also thankful for the artwork that he gave me, taking my mind back to my recent visit to Kanyakumari. @H_D_Devegowda @hd_kumaraswamy”