Saturday, July 10, 2010

UPA2 BACKFOOT ON IRDA AND SEBI BILL

PRANAB NOT TO INTRODUCE SEBI IRDA ORDINANCE
IN PARLIAMENT

BY R RAJAGOPALAN


Finance Ministry is not keen to press the Ordinance
IRDA-SEBI to be ractified by the Parliament. Internal contradictions
in UPA2 has since surfaced. Senior officials of PMO are
seeking advice from Leader of Lok Sabha Dr Pranab Mukherjee
who is also the Finance Minister to quietly allow the ordinance
to lapse. UPA2 is consisting of financial and leagl weizards
Still they are not wanting to proceed furthre with enacting it
as a law. BJP may not be supporting and it is evident that CPM
would oppose. PMO is not showing keen interest. Put the ball
in Pranab Mukherjee domain.
-------------------------------------------------------------------------

No comments: