Chidambaram sure of insurance, pension Bills clearance

PTI Updated - March 12, 2018 at 02:30 PM.

Finance Minister, P Chidambaram

Promising more reforms, the Finance Minister, P Chidambaram today expressed confidence that the Bills on FDI in insurance and pension will be passed in Parliament for which he will soon open dialogue with the Opposition parties including the BJP.

“There is a difference of opinion (on the issue of 49 per cent FDI in insurance). I intend to meet the leaders of Opposition and convince them. I can convince the opposition parties that this clause (of raising the FDI cap) can be kept,” he said on his first visit to the financial capital after taking over as Finance Minister.

The Minister said that he was convinced that the two amendment Bills crucial for the economy Bills will be passed by Parliament and sought media’s cooperation in this regard.

Asked by a reporter as to whether there would be more reforms after the second instalment that was announced during the week, he said, “I don’t know why you are saying this is second instalment. There will be more. There will be more issues to be addressed. There will be more.”

Published on October 6, 2012 13:24