NFPE

Friday, 8 June 2012

PFRDA BILL AMENDMENT DEFERRED IN CABINET MEET


புதிய செய்தி :-
காபினெட் கூட்டத்தில் புதிய திருத்தங்களுடன் ஒப்புதல் பெறப்படும் என்று அறிவிக்கப் பட்ட PFRDA மசோதா , திரிணமூல் காங்கிரஸின் எதிர்ப்பு காரணமாக விவாதிக்கப் படாமலேயே மீண்டும் ஒத்திவைக்கப் பட்டது. விபரமான செய்திக்கு கீழே பார்க்கவும் :-
Top sources in the government told HT that railway minister Mukul Roy shot a letter to Prime Minister Manmohan Singh and finance minister Pranab Mukherjee on Wednesday evening flagging the “concerns” of his party chief and West Bengal chief minister Banerjee over the pension bill.

In December 2011, a similar letter from Mamata Banerjee, then railway minister, forced the government to drop the item from its cabinet agenda.

The amendments to the long-pending key reforms bill aims to retain the cap on foreign direct investment (FDI) at 26%. It allows the pensioner to demand minimum assured returns and withdraw from his account.

According to sources, in the cabinet meet, cabinet secretary Ajit Seth merely said “item number three is deferred” even as some ministers looked at each other and the finance minister remained silent.

Railway minister Roy's letter mentioned that Banerjee feels the bill should not be pushed without “a broad-based political consensus”.

Roy’s letter mentioned that the manifesto of the Trinamool Congress for the 2011 assembly election opposes such reforms that may jeopardize the interest of common people.

It also pointed out that last year, when the bill was discussed in the parliamentary standing committee on finance, there was no Trinamool representative in the panel. (Sudip Bandopadhyay was initially a member of the standing committee but he left it after becoming the junior minister for health).

The finance ministry moved to put amendments to the pension bill after partymen raised a stink over the United Progressive Alliance’s (UPA) alleged policy paralysis at the Congress working committee meeting on Monday.

The UPA — especially after the downgrading of India’s credit ratings and the nine-year low gross domestic product growth rate — revived the cabinet note prepared in February.

The Pension Fund Regulatory and Development Authority (PRFDA) Bill, 2011, had been stuck in Parliament since last year, even as the BJP has offered its support to the bill.
courtesy: Hindustan times.

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