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Bill: Business Freedom Initiative 3785
Details
Submitted by[?]: Geraja Janata Parishad
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: February 3786
Description[?]:
| The GJP after consultation with business leaders propose a number of economic reforms. In order to appeal to business interests we seek to open up the industries of advertising, banking and international high finance. As a temporary measure to encourage growth in these new sectors we shall lift controls on monopolies in a number of industries. In return for this greater degree of economic freedom private companies shall no longer receive any public funds should they face bankruptcy. Meanwhile labour issues shall be devolved to local government in order to get regions competing with one another for business. Signed, Shadow Finance Secretary, Padma Patel & Shadow Trade & Industry Secretary, Sri Sri Shudraswamy Dukacitta |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: All advertising is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 3
Proposal[?] to change Closed shops are places of employment where only members of a specific union are allowed to work; union shops can hire non-members, but these have to become members after a certain time; agency shops can hire non-members, who have to pay a fee to cover the unions costs. All three are erected by union agreements. (Only valid if unions are legal)
Old value:: Closed shops, union shops and agency shops are legal.
Current: Only open shops are legal.
Proposed: This issue is decided by local governments.
Article 4
Proposal[?] to change Collective bargaining
Old value:: Public and private sector employees have the right to collectively bargain
Current: Public and private sector employees have the right to collectively bargain
Proposed: Local governments decide whether to allow collective bargaining
Article 5
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 6
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 7
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 154 | |
| no |
Total Seats: 346 | |
| abstain | Total Seats: 0 |
| Random fact: Moderation reserves the discretion to declare RP laws invalid if the players supporting them are doing so in an excessively confrontational way. |
| Random quote: "Too bad all the people who know how to run the country are busy driving taxi cabs and cutting hair." - George Burns |