Govt wins over BJP on pension bill
(A breakthrough in the logjam…)
NEW DELHI: UPA's reforms agenda received a much-needed boost with finance minister P Chidambaram and BJP leaders agreeing on a 26% cap on FDI in the pension sector paving the way for the pension bill's passage in the monsoon session of Parliament.
A breakthrough in the logjam is in sight with Chidambaram informing BJP leaders that the Pension Fund Regulatory and Development Authority Bill will incorporate the 26% FDI cap in pension fund management companies. This is in line with the recommendation of Parliament's standing committee on finance and the 26% FDI cap incorporated in the pending Bill by the Union Cabinet in 2011.
source---The times of indiaRe allotment order of IPASP's from Region to Region issued by CPMG Karnataka
Association effect: CPMG has approved for re allotment of above IPASP's from Region to Region. Still some more cases are pending, we hope CPMG will consider those cases also favorably at the earliest.
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