After the Supreme Court verdict, PM Modi's government introduced a bill criminalizing the practice and it was approved in December by the lower house of Parliament, where his party commands a majority.
The bill, named the Muslim Women (Protection of Rights on Marriage) Bill, 2017, seeks to protect the rights of Muslim women when they are subjected to instant divorce in the form of triple talaq.
Under the proposed law, Muslim men who end their marriage using instant divorce, or talaq-e-biddat, will now face jail term of up to three years and a fine.
Triple talaq is the practice under which a Muslim man can divorce his wife by simply uttering "talaq" three times.
Prasad said a provision has been added to allow the magistrate to grant bail "after hearing the wife". "It is a pure issue of gender justice, gender dignity and gender equality", said the law minister.
After the Cabinet passed the ordinance, Congress spokesperson Randeep Singh Surjewala accused the government of politicising the matter.
The decision to outlaw it was made by India's Supreme Court previous year after it ruled that the practice violated the constitutional rights of Muslim women.
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Responding to a question by ANI on Congress stonewalling the Triple Talaq Bill in courts and in the Parliament, Congress President Rahul Gandhi, at an event in London, had said "We have an issue with the criminalisation (part of the Bill) but we have not stonewalled anything".
"The bottomline is that cases of triple talaq continue unabated".
While the SC had struck down the practice calling it unconstitutional, the Triple Talaq Bill is pending in the Rajya Sabha over a lack of consensus.
Under the amended law, the FIR can only be lodged by the victim, her blood relations and those who have become her relatives by virtue of her marriage.
"But the Modi government would not want that, they don't want upliftment of Muslim women", he told news channels.
Mr Prasad said there were instances of men divorcing their wives over the WhatsApp messaging app or for reasons such as their poor cooking. The wife will be given custody of the child and is entitled to maintenance, decided by the magistrate, for herself and her children. "The government's ordinance does not care two hoots about how Muslim women, whose so called errant husbands would be facing a stiff prison term, would earn their sustenance for themselves or their children", she continued.
Owaisi said that the ordinance is completely against the Muslim women and it will not provide justice to women.
He demanded that Prime Minister Narendra Modi should bring a law to protect Hindu women deserted by their husbands.