Insurance Bill

  • Insurance Bill likely to be taken up for discussion in Rajya Sabha on Monday 14 hours 13 minutes ago

    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 2 days ago

    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...
  • TMC to continue opposition to pension, insurance bills December 10, 2012

    Kolkata: Trinamool Congress on Sunday said it would continue to oppose the bills related to opening the pension sector to foreign investment and raising FDI cap in insurance to 49 per cent, in Parliament. "All bills, including those on privatisation of pension funds and FDI in insurance, should not be...
  • Reform bills in messy situation because of Oppn: Kamal Nath December 2, 2012

    Parliamentary Affairs Minister Kamal Nath has assured that the UPA has the numbers to pass FDI in retail and said that the Opposition is largely in favour of passing other crucial reforms like the Insurance and Pension bills, albeit with some amendments. Speaking to Karan Thapar on Devil's Advocate, Kamal Nath...
  • India Inc calls Cabinet's decisions on reforms 'pathbreaking' October 5, 2012

    New Delhi: India Inc on Thursday lauded the Cabinet's decision to approve legislative changes that will allow up to 49 per cent foreign equity in the pension sector and hike such limit in insurance to 49 per cent from 26 per cent, calling it "landmark" and "pathbreaking". The Cabinet meeting, presided...
  • Cabinet set to approve pension, insurance bills October 3, 2012

    New Delhi: The cabinet is set approve bills that would raise the cap on foreign direct investment in insurance firms and open the pension sector to foreign investors, a government minister told reporters on Wednesday. The bills, which require parliamentary approval before becoming law, will likely be taken up in the...
  • Chidambaram wants 49 pc FDI in insurance, pension August 22, 2012

    New Delhi: The Finance Ministry has proposed that foreign direct investment in insurance and pension sectors be increased to 49 per cent. The Insurance and Pension Bills will now need Cabinet approval before coming up before Parliament. These Bills have already made one trip to the Cabinet, but at the time...
  • PM may push FDI reforms in Monsoon Session June 29, 2012

    New Delhi: The Finance Ministry on Friday put up the final Cabinet note on Insurance and Pension bills, proposing 49 per cent foreign direct investment (FDI) in both sectors. According to government sources, the Finance Ministry, under Prime Minister Manmohan Singh is planning to introduce both the bills in the Monsoon...
  • Govt introduces Insurance Bill on sly, gets the beating December 23, 2008

    New Delhi: While the uproar in Parliament on Monday was about A.R Antulay and his comments on Mumbai ATS chief Hemant Karkare, Government also introduced the insurance reforms bill perhaps hoping that the Antulay battle will drain the energy of the Opposition to fight reforms in the insurance sector. But...
  • Govt brings in Insurance Bill in RS, Left opposes December 22, 2008

    New Delhi: The United Progressive Alliance (UPA) Government on Monday brought in Rajya Sabha a Bill seeking to hike foreign investment in the insurance sector, unfazed by stiff opposition by Communist Party of India (CPI-M) members who almost came to blows with senior ministers. The government, which had kept insurance reforms...
  • Post trust vote, Govt puts reforms on fast-track July 23, 2008

    New Delhi: With the UPA Government surviving a trust vote without the support of reforms-wary Left parties, Finance Minister P Chidambaram today said focus would now be on greater economic liberalisation, including relaxing FDI limit in sectors like insurance. "On Tuesday, Prime Minister Manmohan Singh wanted to make a point on...