No double standard by Cong on Insurance Bill: Rahul NIL

No double standard by Cong on Insurance Bill: Rahul

by IBNS 05 Aug 2014, 08:43 am

#Congress Vice President Rahul Gandhi

New Delhi, Aug 5 (IBNS): With no political consensus on The Insurance Laws Bill (Amendment), 2008, Congress Vice President Rahul Gandhi on Tuesday slammed the Narendra Modi government and said there was no double standard by his own party.

Rejecting Finance Minister Arun Jaitley's charges, Rahul told CNN-IBN channel that there are no double standards by the Congress on the Insurance Bill.
 
This comes after Jaitley told the channel: "We exactly borrowed Chidambaram's language. We have given three options to the Congress on the Insurance Bill."
 
According to Jaitley, the government has given the Congress three options - to either approve, reject or amend the Bill on the floor of the House but not delay it. 
 
 Earlier Parliamentary Affairs Minister M. Venkaiah Naidu appealed the opposition parties to cooperate in passing the The Insurance Laws (Amendment) Bill, 2008 in the Rajya Sabha.
 
Last month, the Union Cabinet in a meeting cleared the proposal to raise FDI (foreign direct investment) cap in the insurance sector to 49 percent from the existing 26 percent.

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