The Bill envisages an authority to promote old-age income security by establishing, developing and regulating pension funds, to protect the interest of subscribers of pension funds.
Life insurance companies have put their plans to list their shares on the stock exchanges on the backburner, though they are hopeful of Parliament's nod for the Insurance Bill, which will increase the foreign investment limit, during the Winter session.
Bringing Rahul Gandhi in the line of fire, Anna Hazare on Friday alleged that Congress might have taken a U-turn on contentious issues of lower bureaucracy and Central Bureau of Investigation in Lokpal under his instructions and claimed that the government was delaying resolution of Foreign Direct Investment (in retail) imbroglio to avoid passing Jan Lokpal Bill in the Winter Session of Parliament.
After threatening to campaign against the Congress in five election-bound states if the United Progressive Alliance government failed to get the Jan Lokpal Bill passed in the winter session of Parliament, Anna Hazare has asked political parties not to use his name or photograph during elections. "This directive was given during a two-day meeting of workers at Ralegan Siddhi," Hazare's aide Suresh Pathare said.
With the Congress pushed to a distant third in Hisar by-polls, Anna Hazare on Monday said the party should take cue from the result and ensure passage of Jan Lokpal Bill in winter session of Parliament or else he would personally campaign against it in upcoming Assembly elections.
According to sources, all the three Shiv Sena MPs in the Rajya Sabha have been allocated seats on the opposition side, while in the Lok Sabha it is yet to be done.
Congress president Sonia Gandhi has accepted Maharashtra Chief Minister Ashok Chavan's resignation in the wake of the Adarsh Housing Society scam.Chavan had earlier offered to resign over the scam that has erupted about the construction of a high-rise building in a posh area of Mumbai. The Congress high command is reportedly upset with Chavan, whose mother-in-law and two other relatives are among the 103 members of the controversial Adarsh Housing Society.
With leaders of various opposition parties taking out a protest march in support of their demand for revoking the suspension of the 12 MPs, the Bharatiya Janata Party leader Pralhad Joshi took a swipe at them, saying the voters of the country have given them "marching orders" twice -- a reference to their back-to-back defeats in two Lok Sabha elections -- and will reduce their presence further.
The government wants to use the FDI victory impetus to clear the Companies Bill and those amending the banking and pension Acts.
Party justifies total washout of day's proceedings in Rajya Sabha, citing Dalit atrocity, insult to Congress CMs and the GST bill.
SBI was the top Sensex gainer, up nearly 2%.
With the Lok Sabha speaker's all-party meeting failing to break the logjam on Foreign Direct Investment in retail issue, Prime Minister Manmohan Singh has invited the top brass of main Opposition Bharatiya Janata Party for a dinner on Thursday to ensure smooth functioning of Parliament in the winter session.
The Communist Party of India (Marxist) on Monday said it wanted a common approach by political parties when the Indo-US nuclear deal comes up for discussion in Parliament during the winter session.
Amidst talk of a no-confidence motion or a vote on Foreign Direct Investment issue, the government on said that it was "not afraid" of facing any challenge in Parliament.
Acquisition of land for private purposes would require the consent of 80 per cent of the owners, goes the Bill finalised today, according to sources.
Amidst threat by Trinamool Congress chief Mamata Banerjee to bring no-confidence motion against the UPA government in the winter session of Parliament, Union Steel Minister Beni Prasad Verma on Monday said that the Samajwadi Party and the Bahujan Samaj Party would continue to support it.
Singh's dinner with UPA leaders comes close on the heels of his similar interactions with leaders of crucial outside supporters Samajwadi Party and BSP. He hosted dinner for SP chief Mulayam Singh Yadav and his son Akhilesh last week and followed it with lunch for BSP chief Mayawati on Sunday.
With the harvest season just a couple of months away and commodity prices, especially of foodgrain, showing a relentless upward graph
Expressing solidarity with the 12 suspended Rajya Sabha MPs, senior Congress leader Shashi Tharoor on Monday said he has decided to suspend hosting of a talk show on Sansad TV until the suspension of the legislators is revoked and a "semblance of bipartisanship restored to the conduct of Parliament".
The party also expects opposition parties to help its agenda by raising the issue of making the video footage of surgical strikes public.
Rajya Sabha proceedings were adjourned for the day on Tuesday after repeated stoppages as opposition members continued to protest demanding the revocation of suspension of 12 members.
'Modi has lost a great opportunity to show himself to be a leader, mentor and path-setter, capable of rising above narrow party interests,', says B S Raghavan, the distringuished civil servant.
Totackle the serious challenges faced by the banking sector, the government will bring in more professional management and boards in the banks.
Reiterating the need for 'Bharat Jodo Yatra', Congress MP and party general secretary (communications) Jairam Ramesh said there's lurking danger of breaking 'Bharat' due to the discriminative policies of the Modi government and therefore there is a need of Bharat Jodo led by Rahul Gandhi.
Dravida Munnetra Kazhagam MP D N V Senthil Kumar on Wednesday apologised in the Lok Sabha for his controversial 'north-south divide' remark which had sparked a backlash.
But, govt plans to bring some provisions that can't wait.
