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Home > News > PTI

President signs Office of Profit Bill

August 18, 2006 17:36 IST

President A P J Abdul Kalam on Friday put his stamp of approval on the Office of Profit Bill.

Parliament had on July 31 given its approval without any change for the controversial bill seeking to exempt 56 posts and giving a reprieve to over 40 parliamentarians who could have faced disqualification, after the President returned the Bill for reconsideration.

Under the Constitution, the President has to give his assent to a bill sent to him for a second time by Parliament after reconsideration.

A Presidential approval marks the end of a four-month long political storm in the wake of disqualification of Samajwadi Party parliamentarian Jaya Bachchan on the office of profit issue, which later saw Congress president Sonia Gandhi's resignation and subsequent re-election from Rae Bareli in Uttar Pradesh.



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