CPI pulls up NDA Govt. for choosing ordinance route for coal, insurance reforms

The Communist Party of India (CPI) on Thursday criticized the BJP-led government at the Centre for bypassing the Parliament and choosing the ordinance route to bring reforms in the coal and insurance sectors.

"Definitely, attempts to rule through ordinance is not good governance. Secondly, the parliamentary procedures should not be bypassed. All the legislations must go through the scrutiny of Parliament Committees," CPI leader D. Raja told ANI here.

"In this case, they are not prepared to go through the parliamentary procedures which is the accepted one. I do not know issuing ordinance how far it is going to have the sanctity of the Parliament and respect not only inside the country and outside the country," he said.

He also warned the government that taking such steps of bringing in ordinance would not help in gaining the confidence of the investors.

"In the name of inviting investors if they want to do this how investors will have confidence in India, in the government, if government does such things bypassing the Parliament......," he added.

According to reports, the Centre on Wednesday approved the promulgation of an ordinance to raise the Foreign Direct Investment (FDI) cap in the insurance sector to 49 percent from 26 percent as the legislation could not be passed in the Parliament.

The Cabinet also approved re-promulgation of an ordinance to facilitate e-auction of coal blocks for private companies for captive use and allot mines directly to state and central PSUs.