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News General Insurance

  • Aug 05, 2014
  • Insurance Bill hangs fire as govt fails to end deadlock

    The Modi government could not table the controversial Insurance Bill in the Rajya Sabha on Monday after an all-party meeting failed to break the impasse in the face of Opposition’s demand to send it to a Select Committee.
    Nine parties, including the Congress and the Left, are demanding that the Bill be first referred to a Select Committee.
    Analysts have termed the Congress' move as curious as the party was the proponent of the Bill. It amounted to a role reversal as the BJP was reluctant to support the Bill in the UPA regime.

    Source - http://www.financialexpress.com