Parliament Watch: National child survey, Bankers' Evidence Bill and NPS update
A national child survey is underway to detail informal sector workers and street children. The Rajya Sabha approved the Bankers' Books Evidence Bill, recognizing digital records. This legislation standardizes certification and facilitates electr...

Parliament Watch
Rajya Sabha okays Bankers' Evidence Bill
The Rajya Sabha on Monday passed the Bankers' Books Evidence Bill, 2026. In her reply, Finance Minister Nirmala Sitharaman noted that an expanded definition of bankers' books is being brought in which includes records maintained in written or physical form or stored in electronic or digital form or otherwise, either on-site or off-site or at a virtual or cloud location, including backup or disaster recovery sites. The Lok Sabha had passed the Bill last week. Sitharaman noted that the Bill recognises electronic and digital banking records, standardises the certification process and facilitates the admissibility of electronic banking records.No clause for refund of NPS corpus to state
Minister of state for finance Pankaj Chaudhary informed the Lok Sabha that there is no provision under the PFRDA Act, 2013, or the related Exit and Withdrawal Regulations, 2015, that allows refund of a subscriber's accumulated NPS corpus back to the state government. Five states have informed the government of reversion from NPS to OPS:
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