The Insurance Amendment Bill which is coming up for introduction, consideration and passing in Rajya Sabha today will prove to be the first big challenge to the Narendra Modi government.

It is the first big ticket reform measure that the government has taken up in more than five years, and which has to run the parliamentary gauntlet.

When UPA II had decided on FDI in multi-brand retail there was no need to get parliamentary approval. The BJP is resolved to usher in economic reforms in a big way to prove its credentials as a business-friendly party.



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