Millennium Post

Bid to take up Pension Bill in LS scuttled amid uproar

An attempt to move for consideration the Pension Bill in the Lok Sabha was scuttled today as BJP and Left created uproar, expressing dissatisfaction over Prime Minister’s statement on the missing files related to coal block allocations.

Finance minister P Chidambaram rose twice to move the Pension Fund Regulatory and Development Authority Bill, 2011, which provides for establishment of an authority to promote old age income security by developing pension funds, among others.

However, on both occasions, he could not complete reading out the Statement of Objects and Reasons of the bill because the House was adjourned amid din.
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