Sudden death of a Bill
The Pension Fund Regulatory and Development Authority (PFRDA) Bill was deferred last week. A weak-kneed government, unable to manage its allies, decided to defer the Bill rather than face the humiliation of its own allies voting against it. While this is another indication of the dysfunction and paralysis in the government, the deferment of the Bill, in its current form, may not be such a bad thing after all.
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