Pension Bill

  • There is no case for India's rating dowgrade, says PM's economic advisor 13-09-2013 02:57 PM

    Government has already taken a host of reform measures and there is no case for any downgrade of India's sovereign rating by global agencies, Prime Minister's key economic advisor C Rangarajan said on Friday. "The rating agencies have been talking about the reforms having been put on the back burner....
  • Rajya Sabha passes Pension Bill nearly after a decade 06-09-2013 05:44 PM

    After a delay of nearly a decade, Parliament, on Friday, passed a key economic reforms legislation, the Pension Bill, that aims to create a regulator for the sector and allows at least 26 per cent FDI. The Pension Fund Regulatory and Development Authority (PFRDA) Bill, 2011, was passed in the...
  • Govt survives Opposition onslaught, passes key bills 04-09-2013 11:27 PM

    New Delhi: The Coalgate issue has seen the Opposition train its guns squarely on the prime minister. The BJP wants the Prime Minister to be questioned in Coalgate. But despite the opposition protests, the government did get some respite in Parliament on Wednesday, enough to pass the pension bill that...
  • LS passes Pension Bill; Chidambaram says can expect more FDI 04-09-2013 08:32 PM

    The long pending Pension bill has been passed in the Lok Sabha on Wednesday. The TMC, DMK and Left parties opposed the bill. The bill provides for market based returns and wide coverage based on several investment options in the pension sector. Finance Minster P Chidambaram said that we can...
  • LS passes Pension Bill, Chidambaram says 28 states have agreed to join the new scheme 04-09-2013 06:33 PM

    New Delhi: The Lok Sabha on Wednesday passed the crucial Pension Fund Regulatory and Development Authority Bill (PFRDA) even as vociferous protests over missing coal files and petrol price hike shadowed the proceeding in Parliament. The bill allows subscribers to invest in stock market with a cap. The Pension Bill...
  • Key features of Pension Fund Regulatory and Development Authority Bill 04-09-2013 02:14 PM

    The Congress-led United Progress Alliance Government is keen to get the Pension Fund Regulatory and Development Authority Bill 2011 passed by Parliament. Parliamentary Affairs Minister Kamal Nath on Wednesday indicated that the monsoon session of Parliament may be further extended as several crucial bills are pending. Key features of the...
  • Live: Lok Sabha passes the crucial Pension Bill 04-09-2013 11:14 AM

    New Delhi: 6:05 pm: The Lok Sabha has passed the crucial Pension Bill. 5:15 pm: While talking on the Pension Bill in Lok Sabha, Finance Minister P Chidambaram said 28 states have agreed to join the new pension scheme. "We have accepted all recommendations except one," he added. 5:10 pm:...
  • Kamal Nath indicates monsoon session may be extended further 04-09-2013 10:51 AM

    New Delhi: Parliamentary Affairs Minister Kamal Nath has indicated that the monsoon session may be extended further as key bills remain pending. "If the need be we can extend the monsoon session of Parliament. Key legislations are pending, we hope the parties will cooperate," Kamal Nath said. While Prime Minister...
  • BJP gives no assurance as PM seeks support for crucial bills 04-09-2013 08:43 AM

    New Delhi: In an attempt to end the standoff over the missing coal files, Prime Minister Manmohan Singh on Tuesday reached out to the Opposition and held a meeting with senior BJP leaders L K Advani, Arun Jaitley and Sushma Swaraj at his residence. At the meeting, the Prime Minister...
  • Attempt to take up Pension Bill in LS scuttled amid uproar 03-09-2013 04:56 PM

    New Delhi: An attempt to move for consideration the Pension Bill in the Lok Sabha was scuttled on Tuesday as BJP and Left created uproar, expressing dissatisfaction over Prime Minister's statement on the missing files related to coal block allocations. Finance Minister P Chidambaram rose twice to move the Pension...
  • UPA aims to pass more bills after Food Bill gets Parliament's approval 03-09-2013 08:20 AM

    New Delhi: The Food Security Bill was passed in the Rajya Sabha on Monday after an eight hour long debate. The Bill will now be sent to the President for ratification. It was up for discussion in Rajya Sabha after it was passed in the Lok Sabha in the previous...
  • BJP backs Food Security Bill, but against some aspects, says Jaitely 02-09-2013 11:15 AM

    New Delhi: 3:30 pm: Sitaram Yechuri blamed the government for indulging in practices of corruption. "There is no shortfall of money in the country. Money is being looted and parked through corruption. If the corruption can be controlled there will be a lot of money in the economy," Yechury said....
  • PM, FM wanted Parliament session extension for Pensions Bill: sources 02-09-2013 10:46 AM

    New Delhi: With the Pensions Bill likely to come up for discussion in Parliament on Monday, sources are saying that Prime Minister Manmohan Singh and Finance Minister P Chidambraram had pressed for an extension of Parliament session till September 6 so that the Pensions Bill can be passed in the...
  • Government hopes to push key bills in last week of monsoon session 02-09-2013 08:50 AM

    New Delhi: The government is eyeing to push some key reform bills for discussion in Parliament in the last week of its monsoon session. With the government facing persistent attack over economic crisis and the Prime Minister promising more reforms, it is planning to introduce as many bills as possible...
  • UPA finds Mamata tougher than expected 30-12-2011 10:15 PM

    New Delhi: After UPA constituent Trinamool Congress (TMC) on Thursday joined hands with the Opposition in the Rajya Sabha to go against the Government over the Lokpal Bill, the question raised is - has Mamata Banerjee just proved to be a difficult ally or has the Congress just failed to...
  • Govt woos Mamata to table Pension Bill 22-12-2011 07:40 AM

    New Delhi: Along with the Lokpal Bill, the Pension Bill, may be tabled in Parliament as well. Although it is not listed on the agenda yet, the contentious legislation will be tabled only if the Government can win over Trinamool Congress (TMC) chief Mamata Banerjee. Sources said that the Government...
  • Govt reaches out to Mamata on Pension Bill 21-12-2011 11:17 PM

    New Delhi: The Government on Wednesday reached out to West Bengal Chief Minister Mamata Banerjee on Pension Bill, promising to accommodate her concerns. Mamata Banerjee had opposed 26 per cent FDI in retail. Sources say that some of her demands are likely to be accepted. Sources also say that government...
  • Mamata forces govt to withdraw Pension Bill 21-12-2011 03:10 PM

    New Delhi: The Government has withdrawn the Pension Fund Regulatory and Development Authority Bill, 2011 after Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Manmohan Singh raising certain objections. The Bill, slated to be introduced in Parliament on Wednesday, was withdrawn on Tuesday night....
  • Sarkozy nears victory on pension bill as unrest wanes 27-10-2010 10:12 PM

    Paris: French President Nicolas Sarkozy moved closer to victory on Wednesday in his showdown with unions over pension reform, with strikes easing and street marches losing momentum. Public transport was returning to normal, fuel was leaving depots at five oil refineries and garbage collectors in the southern port city of...