INSURANCE BILL

  • Rajya Sabha extends deadline for Select Committee on Insurance Bill by December 12 Yesterday

    New Delhi: Rajya Sabha on Tuesday extended deadline for the Select Committee on the Insurance Amendment Bill and asked it to submit the report by December 12. According to the amendment, the foreign direct investment will be hiked from 26 per cent to 49 per cent. The Opposition parties raised questions...
  • Live: Congress running away from debate on black money, says Ravi Shankar Prasad Yesterday

    The winter session of Parliament will have its first working day on Tuesday as it was adjourned on Monday post obituary references. The Narendra Modi government which is aiming to introduce and take up 37 bills is all set to face opposition over the Insurance Bill. After Trinamool Congress, BJP's...
  • Winter session's 1st working day today, Centre to face opposition on Insurance Bill in Parliament 2 days ago

    New Delhi: The winter session of Parliament will have its first working day on Tuesday as it was adjourned on Monday post obituary references. The Narendra Modi government which is aiming to introduce and take up 37 bills is all set to face opposition over the Insurance Bill. After Trinamool Congress,...
  • Shiv Sena puts forward conditions on support to FDI in Insurance Bill 2 days ago

    New Delhi: After announcing its support to the BJP-led NDA government at the Centre, Shiv Sena has put forward conditions on its support for the passage of FDI in Insurance Bill. The party has said that it will oppose the Insurance Bill if amendments to help employees and farmers are not...
  • BJP trying to create tension in West Bengal: TMC leader Derek O'Brien 2 days ago

    Derek O'Brien, member of Parliament for All India Trinamool Congress said that TMC would not allow the Insurance Bill to pass. "Do not need a lecture on patriotism. BJP trying to create tension in West Bengal," said Derek O'Brien. ...
  • Confident that opposition will play a positive role in Parliament: PM Modi 2 days ago

    New Delhi: Ahead of the first day of the winter session of Parliament, Prime Minister Narendra Modi is hopeful of a productive, fruitful session as his government is aiming to introduce and take up 37 bills in this session, including foreign direct investment hike in insurance. Addressing the media, Modi exuded...
  • Parliament to witness stormy winter session, Modi government aims to take up 37 bills 3 days ago

    New Delhi: As the winter session of Parliament begins on Monday, it is expected to be a stormy one. The government aims to introduce and take up 37 bills in this session, including Foreign Direct Investment hike in insurance. West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee has already...
  • Insurance Bill in Winter session of Parliament: Arun Jaitley August 30, 2014

    New Delhi: Optimistic of passing the Insurance Bill in the next session of Parliament, Finance Minister Arun Jaitley on Friday hoped Congress which mooted the hike in FDI cap to 49 per cent in the sector will not oppose it. "I am reasonably confident. Any political party which have mooted the...
  • Insurance Bill proposing a hike in FDI limit sent to 15 member select committee August 14, 2014

    New Delhi: The Insurance bill that proposes to hike the FDI limit in insurance to 49% has been sent to a 15 member select committee. The committee comprises of BJP's Chandan Mitra, Mukhtar Abbas Naqvi, JP Nadda, Congress' Anand Sharma, JD Seelam, BSP MP SC Mishra, JDU's KC Tyagi, CPI's...
  • Parliament panel to review insurance bill in setback for government August 14, 2014

    New Delhi: The NDA government sent a landmark bill to liberalise the insurance sector to a parliament committee on Thursday after the opposition opposed the legislation in the upper house where it has a majority. Finance Minister Arun Jaitley said a select committee will examine the bill to increase the cap...
  • Centre uncertain about passing changes in Juvenile Justice Act in current session August 7, 2014

    New Delhi: The amended Juvenile Justice Act could be sent to Parliament Standing Committee. After the Cabinet cleared the move to amend the Juvenile Justice Act on Wednesday allowing magistrates the power to decide if juveniles above the age of 16 who are involved in heinous crimes like rape and murder...
  • Most opposition parties want bill to be sent to select committee, says Congress August 7, 2014

    Prime Minister Narendra Modi on Thursday called a meeting with Finance Minister Arun Jaitley and Home Minister Rajnath Singh to discuss the Insurance Bill. Meanwhile, the Congress remains firm that the bill should be sent to a select committee. Congress leader Anand Sharma said, "Our stand on bill hasn't changed,...
  • No end to Insurance Bill deadlock, PM Modi meets Jaitley, Rajnath August 7, 2014

    New Delhi: The Insurance Bill deadlock is likely to rock Parliament on Thursday with the Opposition digging in its heels. The Congress remains firm that the bill be sent to a select committee. Prime Minister Narendra Modi on Thursday called a meeting with Finance Minister Arun Jaitley and Home Minister...
  • Will take everyone into confidence: Rajnath on Parliament business August 6, 2014

    New Delhi: With the Congress and some other parties continuing to oppose the proposed Insurance Bill, Home Minister Rajnath Singh on Wednesday said that the government will try its best to "take into confidence" everyone to get the legislation through in Parliament. "Our attempt will be to take everyone (all parties)...
  • Congress and BJP playing hide and seek over the insurance bill: KC Tyagi August 6, 2014

    In an interview with CNNIBN, National Spokesperson of Janata Dal KC Tyagi said that Congress and Bharatiya Janta party (BJP) were playing hide and seek over the insurance bill. "We want the bill to be sent to the standing committee," said Tyagi. ...
  • Government buys time on Insurance Bill, likely to take final call on Thursday August 6, 2014

    New Delhi: There is no end to the deadlock between the government and the opposition parties on the Insurance Bill. Even as the Centre is buying more time over the issue, an allparty meeting scheduled for Wednesday has been scrapped. According to sources, the government is expected to take a...
  • India @ 9 with Anubha Bhonsle August 5, 2014

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • PM Narendra Modi faces early resistance in insurance reform push August 5, 2014

    New Delhi: Plans by the government to allow more foreign investment in India's stillsmall insurance sector has hit snags in Parliament, testing Prime Minister Narendra Modi's campaign promise to push through reforms to revive the economy. Over the past week, the government has twice sought to introduce legislation in the Upper...
  • News 360: US pharma firm agrees to provide drugs to Arian for life August 5, 2014

    It is a victory for the CNNIBN and change.org Save Arian campaign and great news for the 12yearold boy Arian who suffers from the rare genetic disorder called Hunter's syndrome. The US pharmaceutical company that manufactures the expensive drug used to treat the disorder has agreed to provide Arian's family...
  • No double standards by the Congress on Insurance Bill, says Rahul Gandhi August 5, 2014

    New Delhi: With still no political consensus on the Insurance Laws Amendment Bill, Congress Vice President Rahul Gandhi has hit out at the Narendra Modi government. Rejecting Finance Minister Arun Jaitley's charges, Rahul told CNNIBN that there are no double standards by the Congress on the Insurance Bill. Rahul's statement...
  • Borrowed Chidambaram's language in Insurance Bill, Congress shouldn't oppose it: Jaitley August 5, 2014

    New Delhi: There is still no political consensus on the Insurance Laws Amendment Bill which is expected to be the Narendra Modi government's first attempt at a reform. The Congress, which has been opposed to the Bill, has been given three options by the government to either approve, reject or...
  • Government ready for minor modifications in Insurance Bill: Jaitley August 4, 2014

    New Delhi: Reaching out to Congress, Finance Minister Arun Jaitley on Monday said the government is open to minor modifications in the Insurance Bill for its passage in the current session of the Parliament. "The Government is extremely anxious that the Insurance Bill, which has been...
  • News 360: English language skills marks should not be included in merit, says Centre August 4, 2014

    In a major development to end the row over the alleged language bias in the Union Public Service Commission Civil Services Examination, the Centre on Monday clarified that marks of English language skills should not be included in merit. The move is a slight climbdown by the Centre following the...
  • Insurance Bill can be passed in Winter session: Congress August 4, 2014

    New Delhi: Congress on Monday kept the government guessing on the Insurance bill asking it to take on board all stakeholders and favouring the Select Committee route even as it insisted that the measure is its own "baby" and it is a "misnomer" that the party is opposed to it. "We...
  • Arun Jaitley talks tough on Insurance Bill, asks Congress to make its stand clear in Rajya Sabha August 4, 2014

    New Delhi: Finance Minister Arun Jaitley talked tough during the allparty meeting called to arrive at a consensus on the Insurance Laws Amendment Bill and told Congress leaders to either approve, reject or amend the legislation in the Rajya Sabha, sources said. Jaitley made it clear that the NDA government...
  • Allparty meet on Insurance Laws Amendment Bill inconclusive August 4, 2014

    New Delhi: Even as the NDA government tries hard to get the Insurance Laws Amendment Bill passed in Parliament, the allparty meeting to resolve the deadlock was inconclusive. Nationalist Congress Party leader Praful Patel said that parties will meet again in the next two days to discuss the possible formulation...
  • Government delays introduction of Insurance Bill in Rajya Sabha, to meet Opposition August 4, 2014

    New Delhi: After the Narendra Modi government decided to postpone its plan to pass the Insurance Laws Amendment Bill in the Rajya Sabha on Monday, it has called for a meeting with leaders of major political parties. The parties include Congress, TMC, BJD, JDU, AIADMK, SP, BSP among others. Finance...
  • Insurance Bill likely to be taken up for discussion in Rajya Sabha on Monday July 31, 2014

    New Delhi: The Rajya Sabha is likely to take up for discussion on Monday the Insurance Bill which seeks to hike foreign investment cap in the sector to 49 per cent with a rider that management control remains with Indian promoters. "Insurance Bill is likely to be taken up for discussion...
  • Judicial Appointments Bill in parliament likely next week July 29, 2014

    New Delhi: Government is considering bringing the Judicial Appointments Bill in Parliament next week after consultations within the party. According to sources, the government is initiating discussions within to bring the new bill for appointments in the judiciary to help bring transparency in the process of judicial appointments. The issue gained...
  • BJP backs Food Security Bill, but against some aspects, says Jaitely September 2, 2013

    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...