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4 August 2026

Parliamentary proceedings and legislative business

The topic covers specific legislative bills, statutory body reforms, and MSME economic data, which are direct subjects for UPSC Mains questions regarding governance, judicial capacity, and economic policy.

1 min read Day 2 of 2 2 questions 2 prelims

Notes

  • Supreme Court (Number of Judges) Amendment Bill, 2026: Increases sanctioned strength of SC judges from 34 to 38 (including CJI).
  • Bankers’ Books Evidence Bill, 2026: Replaces 1891 law to include electronic, digital, virtual, and cloud-based banking records as admissible evidence.
  • Indian Statistical Institute Bill, 2026: Repeals 1959 Act; establishes the institute as a statutory body corporate with the President as Visitor and a Board of Governors.
  • Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026: Replaces 2006 Act; mandates CPSEs to route invoice settlements through TReDS to address liquidity.
  • MSME Sector Statistics: Contributes 31% to GDP, 36% to manufacturing output, and 41% to exports; outstanding credit rose from ₹10 lakh crore (2014-15) to over ₹38.35 lakh crore.
  • Parliamentary Procedure: Legislative business often faces disruptions due to Opposition protests; Business Advisory Committee (BAC) allocates time for bills; statutory resolutions can be rejected by voice vote.

Part of a longer story

This is day 2 of 2 in Supreme Court (Number of Judges) Amendment Bill, which has been running since 21 July 2026. Reading it whole is usually worth more than reading today alone — the exam asks how something developed.

Questions

  1. Discuss the significance of digitizing evidence in the banking sector, specifically in the context of the proposed legislative updates to the Bankers’ Books Evidence Act. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00
  2. Examine the role of the MSME sector in India's economic growth. How do legislative interventions, such as mandating invoice settlements through the Trade Receivables Discounting System (TReDS), help in mitigating liquidity challenges for small enterprises? 250 words
    Attempt this — 250 words in 11 min
    0 / 250 words 11:00

Prelims

  1. The Trade Receivables Discounting System (TReDS) is primarily designed to address which of the following issues faced by the MSME sector?

  2. What is the current sanctioned strength of judges in the Supreme Court of India following the 2026 amendment?

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-08-04/parliamentary-proceedings-and-legislative-business