Political Mirror
Advertisement
  • Supporting affordable trade, especially between countries of the southern hemisphere
  • Transforming Arab Economies into Knowledge Economies
  • Devising measures to address and stabilise failing economies
  • Modi Mania hits India; Congress dumbstruck
  • Congress pricked its own foot in Andhra Pradesh
Live Cricket
Subscribe Us

Enter your email address:

Delivered by Political Mirror

Political Mirror Like

Political Mirror

Govt may find the going tough in Parliament over reforms

October 4, 2012 by politicalmirror in Political Mirror with 0 Comments

New Delhi: The passage of bills relating to big bang reforms including FDI in insurance and pensions may not be an easy task, with the Left and Trinamool Congress staunchly against them and BJP remaining ambivalent.

Mamata Banerjee, whose party was a key constituent of the ruling UPA till last month, described as “immoral and unethical” the decisions on FDI in insurance and pension sectors taken by the Cabinet today.

She declared in Kolkata that her party planned to bring a no-confidence motion to oust the Manmohan Singh government and asked all UPA partners to pull out. TMC has 19 members in the Lok Sabha.

The Left parties also vehemently opposed the reform decisions, saying they would fight to defeat these policy measures when they are brought in Parliament.

“The UPA government is determined to sell out the interests of the country in all sectors. We will work to defeat all these Bills in Parliament,” CPI(M) General Secretary Prakash Karat told PTI.

The BJP, however, remained ambivalent on whether it will support these measures in Parliament and said while it is not opposed to more FDI in these areas, certain caveats and conditions should be met to “safeguard the interest of people”.

On allowing FDI in insurance, BJP spokesperson Prakash Javadekar said the Parliamentary Standing Committee on Finance headed by Yashwant Sinha had gone into the issue and recommended 26 per cent FDI.

Congress today expressed confidence that it would ensure passage of the concerned bills in Parliament by bringing various political parties on board.

“We will try to take different political parties in confidence and we are sure that we will succeed in getting the relevant bills passed,” party spokesman Rashid Alvi said.

 

Source: PTI

Leave a reply

Your email address will not be published. Required fields are marked *

*

* Copy This Password *

* Type Or Paste Password Here *

Political Galleries
Activists from the Naya Bhoomi - New Land - organisation hold placards during a protest against criminals contesting the upcoming parliamentary elections in New Delhi on March 14, 2009 and demanded that all Indian political parties not give party tickets to those with a criminal background.  India will hold general elections over several stages from April 16 to May 13, the election commission announced. The world's largest democracy, with 714 million eligible voters, must go to the polls before the end of May, the end of the five-year mandate of the Congress Party-led government of Prime Minister Manmohan Singh.  AFP PHOTO/RAVEENDRAN
Our Tweets