- HT Mumbai\'s most stylish awardBedroom secrets for happy married lifeSachin, Lata falicitated during an eventHow horrible these celebs look without makeup!!Salman Khan to marry Iulia VanturSpiritual way for the naughty onesSRK, Deepika at \'Kochadaiiyaan\' music launchRaagini Makkar wins IGT 5Relationship makes Deepika completePICS: Maria Sharapova\'s tips for men\'s tennis
To lengthen careers, men's tennis should have three sets like women's feels Maria Sharapov
Jayalalitha slams UPA second wave of reforms; terms it 'diversionary' Last Updated : 06 Oct 2012 11:55:14 AM IST Jayalalitha slams UPA second wave of reforms; terms it 'diversionary'
Tearing into the Centre's big ticket reforms, Tamil Nadu Chief Minister Jayalalithaa on Saturday described it as "diversionary" to "anaesthetise the mammoth corruption charges" against the UPA Government especially when elections seem imminent.
The AIADMK supremo lambasted the Centre when she said that its decision to hike FDI in Insurance sector to 49 per cent, "against a Parliamentary Standing Committee recommendation will prove disastrous".
"The UPA Government is unfazed by the sufferings of the common people, small traders and small farmers.....This move at best is a gimmick and at worst an unworthy risk," she said in a statement two days after the Manmohan Singh government
unleashed the second wave of reforms over FDI in pension and insurance sectors.
Strongly opposing these moves, she said they were detrimental to the future of common people of the country. "The act of disguising harmful decisions and promoting them under the name of grand reforms amounts to deceiving the people of the country. No amount of rhetoric will change the truth," she said.
"As to whether they have the right to jeopardise this crucial sector is a debatable issue," she said adding limiting the capital requirement to Rs 50 crore for insurance companies will lead to "mushrooming" of small companies lacking experience and capability and will be fraught with danger.
It will unnecessarily expose the public to the risk of uncertainty, she said.Allowing FDI in pension funds and channelling the
domestic savings of elderly persons into the highly risky and unpredictable capital market will place the future of senior citizens at tremendous risk, the Chief Minister added.
Post Your Comment (0 posted):
Bollywood actors Sonakshi Sinha with Anil Kapoor poses during an Hindustan Times Mumbai's
- 'Look simple on wedding day'
- Khloe Kardashian flaunts curves
- On a comeback, Elizabeth Hurley to play TV queen
- How horrible these celebs look without makeup!!
- My boyfriend doesn't allow me to shoot with other men: Shakira
- Madonna announces collaboration with Avicii
- Madhuri's acting made me feel I was on screen: Sampat Pal
- SRK, Deepika at 'Kochadaiiyaan' music launch
You must hae heard about the mating rituals of endemic species Albatross. But you never wa
Nokia's android-based 'Nokia X' will be available in India from March 15 and has been pric