Fdi In Pension

• Government preps for FDI vote: what happened at cabinet meeting

  At a cabinet meeting last evening, sources say the focus was almost exclusively on the strategy to win the vote, which is non-binding, but has major implications for the government. If it loses the vote, the opposition may increase pressure to roll back the reform, a possibility the Prime Minister has ruled out in the past. Losing the vote will a...

• FDI in pension will jeopardise people's future: Mamata Banerjee

  Firing a fresh salvo at the Congress-led UPA government over foreign direct investment (FDI) in pensions, West Bengal Chief Minister Mamata Banerjee accused it of pushing the future of pensioners in India towards uncertainty.

• Jayalalithaa slams UPA second wave of reforms

  Tearing into the Centre's big ticket reforms, Tamil Nadu Chief Minister Jayalalithaa today described it as "diversionary" to "anaesthetise the mammoth corruption charges" against the UPA Government especially when elections are imminent.

• FDI in insurance and pension: Future may well lie with BJP

  Whether the new reforms in pension and insurance sectors approved by the government will translate into reality could depend on the stand of the BJP. The cabinet cleared 49 per cent Foreign Direct Investment or FDI for both key areas last evening, but the new policies have to be cleared in Parliament to become law.

• Cabinet allows FDI in insurance, pension sectors; will these big bang reforms pass the Parliament test?

  Soon after the Union Cabinet approved opening up the insurance and pensions sectors to foreign investors last evening, Finance Minister P Chidambaram reached out to the Opposition saying he was optinistics that the opposition,"especially the principle opposition," or the BJP, would help pass the new Bills through discussion and negotiaton. The Manm...

• Big bang reforms 2: Mamata Banerjee pushes for no-confidence motion against govt

  Mamata Banerjee is furious with the latest set of reforms that the Centre pushed last evening and has said she will meet the President with "an appeal to oust the UPA-II minority government". The Trinamool Congress chief said she would move a no-confidence motion against the government she plunged into a minority last month with her walkout and has...

• Cabinet clears FDI in insurance, pension bills in second phase of reforms

  The cabinet approved bills on Thursday to attract foreign investment into insurance and pensions among a package of new measures to restore confidence in the economy, although the reforms will face a tough fight in parliament.

• BJP not against FDI in pension, insurance, wants to see fine print

  In the wake of reforms announced by the government in insurance and pension sectors, BJP on Thursday said while it is not opposed to more FDI in these areas, certain caveats and conditions should be met to "safeguard the interest of the people".

• Big bang reforms again: Cabinet allows FDI in insurance, pension sectors

  In a second round of bold reforms , the government today took big steps to open up the insurance and pensions sectors to foreign investors and prove it's determined to push the economy into turn-around mode. However, these proposals will have to be cleared by parliament. Opposition parties are against the reforms; so, supposedly, are some allies of...

• Cabinet briefing on reforms in pension, insurance sectors: Highlights

  After the Cabinet cleared a new installment of big-bang reforms including more Foreign Direct Investment or FDI in the insurance and pension sectors, Finance Minister briefed the media.

• Big Bang reforms 2: Who said what

  Determined to prove the economy is in turn-around mode, the Cabinet yesterday cleared a new installment of big-bang reforms including more Foreign Direct Investment or FDI in the insurance and pension sectors.

• Big reforms again: Cabinet clears FDI in insurance, pension

  In a second round of bold and politically contentious reforms, the Cabinet has cleared proposals to allow more Foreign Direct Investment or FDI in the insurance and pension sectors.

• Big bang reforms part 2? Cabinet may raise FDI cap in insurance today, open pension sector

  Determined to prove the economy is in turn-around mode, the Cabinet is expected today to clear a new installment of big-bang reforms. The plan is to allow more Foreign Direct Investment or FDI in the pension and insurance sectors. However, once the government signs off on this, Parliament will vote on the reforms, which many parties are opposed to...

• Cabinet likely to approve pension, insurance bills: 10-point cheat sheet

  The government is all set for its next round of big-ticket reforms; the Cabinet is expected to approve a proposal today to hike the cap on Foreign Direct Investment (FDI) in the insurance sector from 26 per cent to 49 per cent and to open up the pension sector to FDI. If okayed, these will be brought in Parliament in the Winter Session in December ...

• Cabinet likely to approve pension, insurance bills

  The cabinet will approve amended bills on Thursday that seek to permit 26 percent foreign direct investment (FDI) in the pension sector and 49 percent in the insurance sector, a minister told reporters on Wednesday.