The Parliament wall, again
Though the government won’t find it easy to move on the Vijay Kelkar prescription of reducing half the subsidy on LPG/diesel subsidies in the next 18 months, much less Deepak Parekh’s wish-list of sustainable energy pricing and large-scale reforms in Railways, it unleashed a barrage of reforms yesterday. This included hiking the FDI limits in insurance and pensions from 26% right now to 49%, and clearing the Companies Bill.