1) Recently in August 2019, the Government of India (GO

• C , through a majority vote in both the houses of the Parliament. 2) This bill was aimed at bringing about one of the most significant reforms in medical education in India and proposed to replace the Medical Council of India (MC
• I has approved the controversial Bill of National Medical Commission (NM
• I , the overarching central authority regulating medical education, with an NMC. 3) The NMC Bill repealed the Indian Medical Council Act, 19561 and has replaced the MCI, which was dissolved in 2010 following corruption charges against its President. 4) As per the Bill, the NMC will have diverse responsibilities such as approving and assessing medical colleges, conducting common MBBS entrance and exit examinations, and regulating medical course fees. 5) The Banning of Unregulated Deposit Schemes Bill provides for a mechanism to ban unregulated deposit schemes and protect the interests of depositors.