New Delhi: The Government has withdrawn the Pension Fund Regulatory and Development Authority Bill, 2011 after Trinamool Congress supremo and West Bengal Chief Minister Mamata Banerjee wrote to Prime Minister Manmohan Singh raising certain objections.
The Bill, slated to be introduced in Parliament on Wednesday, was withdrawn on Tuesday night. Sources say that the Congress party will speak to Mamata and try to placate her.
Union Finance Minister Pranab Mukherjee has met senior Bharatiya Janata Party (BJP) leaders who had assured the Government of their support on the Bill.
This is the second time in Parliament’s winter session that Mamata has forced the Government to withdraw an important decision.
Earlier, she had forced the Government to suspend the decision to introduce foreign direct investment in retail.