Insurance and pension get FDI boost, need parliament nod
Express news service :New Delhi, Oct 05 2012, 01:24 IST
cap in the pension bill would follow the limit in the insurance bill, as they went hand in hand. “If insurance bill passes with 49 per cent, pension will also be 49 per cent,” he said.
The cabinet committee on economic affairs also scrapped a proposal to develop a Rs 93,000 crore petrochemical hub in Haldia in West Bengal as the TMC state government had informed it in February that it was not keen on the project.