Swaraj and Jaitley reportedly told Chidambaram that BJP will support the passage of the financial Bills only after the FDI in retail logjam is resolved
Finance Minister P Chidambaram today met Leader of the Opposition in Lok Sabha Sushma Swaraj and her Rajya Sabha counterpart Arun Jaitley to discuss the passage of some crucial financial legislations in the on-going Parliament session facing a deadlock on FDI in retail issue.
Chidambaram met the two BJP leaders in Swaraj's office in Parliament and sought the opposition's support for passage of important Bills. Failure to pass these Bills will hamper the government's business.
Parliamentary Affairs Minister Kamal Nath had earlier said government has listed 25 Bills for passage and ten more for introduction in the winter session.
Sources said Swaraj and Jaitley conveyed to Chidambaram that it will support the passage of the financial Bills only after the FDI in retail logjam is resolved.
BJP, Left and some other opposition parties are firm on their stand that the issue should be discussed under a clause which entails voting.
The government, however, maintains that it is ready for discussion on any issue, including FDI in retail, but since the decision on it was taken through an executive order, there is no need for a division of votes on it.
Chidambaram was present at the dinner hosted by Prime Minister Manmohan Singh yesterday for Swaraj, Jaitley and BJP Parliamentary Party Chief L K Advani in a bid to end the impasse. The issue of passage of Bills had come up in this meeting too but the Opposition did not relent.
Chidambaram is keen on passage of Insurance Laws (Amendment) Bill, 2008, Companies Bill, 2011, the Banking Laws (Amendment) Bill, 2011, PFRDA Bill, Lokpal Bill and the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Bill, 2012.
Discussion and voting on the Supplementary Demands for Grants (general) for the year (2012-13) is also on the government's agenda.
Reserve Bank of India today said it there is no need to explain the monetary policy and it stands by monetary policy statement.
Says the country is not totally insulated from the adverse global cues but it is relatively better-off