 bill no 60 of  2016 the economically weaker class corporation bill, 2016 byshrimati rama devi, mp a billto provide for the establishment of a corporation for the welfare and advancement of persons belonging to economically weaker class and for matters connected therewith or incidental thereto be  it enacted by parliament in the sixty-seventh year of the republic of india as follows:—1 (1) this act may be called the economically weaker class corporation act, 2016 (2) it extends to the whole of indiashort title, extent and commencementdefinitions2 in this act, unless the context otherwise requires,—(i) "appropriate government" means in case of a state, the government of that state and in all other cases, the central government;(ii) "corporation" means the economically weaker class corporation established under section 3;5(iii) "economically weaker class" means any household except those belonging to the scheduled castes or the scheduled tribes whose annual income from all sources does not exceed rupees two lakh or such amount, not less than rupees two lakh, as the central government may, from time to time, notify; and10(iv) "prescribed" means prescribed by rules made under this act3 (1) with effect from such date as the central government may, by notification in the official gazette, appoint, there shall be established a corporation to be known as the economically weaker class corporationestablishment of economically weaker class corporation15(2) the corporation shall be a body corporate by the name aforesaid, having perpetual succession and a common seal, with power to acquire, hold and dispose of property, both movable and immovable, and to contract, and shall by the said name sue and be sued(3) the general superintendence, direction and management of the affairs and business of the corporation shall vest in a board of  directors which may exercise all such powers and do all such acts as may be exercised or done by the corporation under this act20(4) the board of directors shall consist of—(a) a chairperson; and(b) six directors, to be appointed by the central government in such manner as may be prescribed25(5) the salaries and allowances payable to and other terms and conditions of service of the chairperson and other directors of the corporation shall be such as may be prescribed(6) the corporation shall have its office at such place as may be prescribed30(7) the corporation shall, in consultation with the central government, appoint a managing director and such number of officers and staff, as it may deem necessary for its efficient functioning(8) the salaries and allowances payable to and other terms and conditions of service of the chairperson, managing director and other officers and staff of the corporation shall be such as may be prescribedfund of the corporation354 (1) the central government shall, by notification in the official gazette, constitute a fund to be known as the economically weaker class fund with an initial corpus of rupees five thousand crore for carrying out the purposes of this act| (2)                                                                                       |   the central government shall, from time to time, after due appropriation made ||-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------|| by parliament by law in this behalf, credit such sums to the fund as may be necessary for |                                                                                 || carrying out the purposes of this act                                                    |                                                                                 || 40                                                                                        |                                                                                 || (                                                                                         |                                                                               3 || director of the corporation authorized by him in this behalf                             |                                                                                 |5 the corporation shall—functions of the corporation(i) in consultation with the state governments, identify the families belongingto economically weaker class by evolving such methods, as it may deem fit;(ii) maintain a register of families belonging to economically weaker class;45(iii) provide the following facilities to the families belonging to economically weaker class—(a) free educational facilities to the children; (b) educational loan for higher education at concessional rate of interest; (c) opportunities for employment and self employment;5(d) free healthcare facilities; (e) financial assistance for setting up of self-employment units; (f) housing facilities at subsidised rates; and (g) provision of supply of essential commodities of daily use at subsidisedrates10(iv) recommend to the central government the welfare measures for overall development of families belonging to the economically weaker class15(v) recommend to the central government the quantum of reservation of seats in higher educational institutions including technical and professional institutions in favour of persons belonging to the economically weaker class:provided that while recommending the quantum of reservation, the corporation shall ensure that it bears at least the same ratio as the population of economically weaker class bears to the total population of the country20(vi) recommend to the central government the quantum of reservation of postsand services under the central government in favour of persons belonging to the economically weaker class:provided that the quantum of reservation recommended by the corporation shall not be less than ten per cent of the total number of the posts and services under the central government256 (1) it shall be the duty of the central government to implement the recommendationsof the corporation(2) the implementation of recommendations of the corporation shall have effect notwithstanding anything contained to the contrary in any judgement, decree or order of any court or in any other law for the time being in forcerecommendations of the corporation to be implemented by the central government30annual report7 (1) the corporation shall prepare, in such form and manner, as may be prescribed,an annual report giving a true and full account of its activities during the previous year and submit it to the central government(2) the central government shall cause to be laid before each house of parliament the report submitted to it under sub-section (1)358 the provisions of this act shall be in addition to and not in derogation of any otherlaw for the time being in force dealing with any of the matters dealt with in this actact to be in addition to any other law for the time being in force power to make rules9 (1) the central government may, by notification in the official gazette, make rules for carrying out the purposes of this act4045(2) every rule made under this section shall be laid, as soon as may be after it is made,before each house of  parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive session aforesaid, both houses agree in making any modification in the rule or both the houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule statement of objects  and  reasonsa considerable chunk of our society is living below poverty line they are deprived of adequate access to the basic needs of life such as health, education, housing, food security, employment etc these persons belong to vulnerable, disadvantaged and marginalised section of the society and are deprived of enjoying their basic rights ours is a welfare state it is the duty of the welfare state to ensure overall development of all sections of society successive governments have taken steps to address the grievances of persons living below poverty line from time to time however, till date there has been no consensus on defining and measuring the poverty therefore, welfare measures to provide easy access to education, food, housing, security and employment to the persons belonging to economically weaker class of the society in a targetted manner are not being implemented effectivelythe bill proposes to establish a corporation to:—(i) identify the persons belonging to economically weaker class; (ii) maintain a register of person belonging to economically weaker class; (iii) provide certain facilities like financial assistance, housing, educational loan, healthcare facilities to the persons belonging to the economically weaker class; and(iv) suggest measures to the central government for overall development of persons belonging to the economically weaker class the bill also provides for reservation in posts and services under the state and in admission to educational institutions in favour of persons belonging to economically weaker class on the recommendations of the corporationhence this billnew delhi;rama  devifebruary 11, 2016 financial  memorandumclause 3 of the bill provides for establishment of the economically weaker class corporation clause 4 provides for constitution of economically weaker class fund with an initial corpus of rupees five thousand crore it also provides for supply of adequate funds by the central government from time to time for carrying out the purposes of this act clause 5 provides for identification and maintaining of a register of families belonging to economically weaker class it also provides for certain facilities like free education to the children, opportunities for employment and self-employment, financial assistance, educational loans at subsidised rates of interest, housing, etc to the persons belonging to the economically weaker sections clause 6 provides for implementation of the recommendations of corporation by the central government the bill, therefore, if enacted, would involve expenditure from the consolidated fund of india it is estimated that a recurring expenditure of about rupees ten thousand crore will be involved per annuma non-recurring expenditure of about rupees six thousand crore is also likely to be involved memorandum regarding delegated legislationclause 9 of the bill empowers the central government to make rules for carrying out the purposes of the bill as the rules will relate to matters of detail only, the delegation of legislative power is of a normal character———— a billto provide for the establishment of a corporation for the welfare and advancement of persons belonging to economically weaker class and for matters connected therewith or incidental thereto————(shrimati rama devi, mp)gmgipmrnd—4255ls(s3)—03-03-2016