Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Cabinet to consider FDI in pension, insurance    </title>
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-PTI





In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..."/>
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-PTI





In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..." />
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet will also consider a number of other</div><div style="text-align: justify">crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising the Infrastructure Development Fund (IDF), sources said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This is the second time within a month that the cabinet would consider such major proposals to push reform initiative.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On September 13, the government had approved the controversial decision of allowing 51% FDI in multi-brand retail, besides relaxing FDI norms for civil aviation and broadcasting sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While the Insurance Bill seeks to raise the FDI cap insurance sector to 49%, from the 26% at present, the proposal in the Pension Fund regulatory and Development Authority (PFRDA) Bill seeks to open up the pension sector to foreign Direct Investment (FDI).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the NIB, to be headed by the Prime Minister, is proposed to be set up for according fast-track clearances to infrastructure projects.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Forward Contract Regulation Act (Amendment) Bill that aims to give more powers to commodity markets regulator FMC.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Bill seeks to strengthen Forward Market Commission (FMC) by providing it financial autonomy, facilitate the entry of institutional investors and introduce new products for trading such as options and indices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Union Cabinet is also likely to approve on Thursday, the 12th Five-Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2% from 9% envisaged earlier in view of fragile recovery.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet is also expected to consider proposal from the civil aviation ministry for approving Lucknow, Varanasi, Tiruchirapalli, Mangalore and Coimbatore as international airports.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, it would also take up the proposal from the ministry of corporate affairs (MCA) to amend the Competition Act 2002 and amendments to the Companies Bill, 2011, following the report of the Standing Committee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposal for IDF before the Cabinet includes a tripartite agreement between developer, lender (bank) and the IDF. The loans by the banks would be refinanced by the IDF so that banks have free funds for more lending.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The IDF, which was proposed in the Union Budget for 2011-12 fiscal, is aimed at accelerating and enhancing flow of long term debt for funding the ambitious programme of infrastructure development in the country.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the Cabinet would also take up the proposal of amending the Double Taxation Avoidance Agreement (DTAA) with Armenia and Poland.</div>                                                           
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    <br><a href="http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx" class="re" target="_blank">The Hindustan Times, 3 October, 2012, http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx</a><div class="clear"></div>
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In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..."/>
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In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..." />
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    <h1 class="cat-box-title">Cabinet to consider FDI in pension, insurance</h1>
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		 Published on</span><span class="text-date"> Oct 4, 2012</span>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet will also consider a number of other</div><div style="text-align: justify">crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising the Infrastructure Development Fund (IDF), sources said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This is the second time within a month that the cabinet would consider such major proposals to push reform initiative.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On September 13, the government had approved the controversial decision of allowing 51% FDI in multi-brand retail, besides relaxing FDI norms for civil aviation and broadcasting sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While the Insurance Bill seeks to raise the FDI cap insurance sector to 49%, from the 26% at present, the proposal in the Pension Fund regulatory and Development Authority (PFRDA) Bill seeks to open up the pension sector to foreign Direct Investment (FDI).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the NIB, to be headed by the Prime Minister, is proposed to be set up for according fast-track clearances to infrastructure projects.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Forward Contract Regulation Act (Amendment) Bill that aims to give more powers to commodity markets regulator FMC.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Bill seeks to strengthen Forward Market Commission (FMC) by providing it financial autonomy, facilitate the entry of institutional investors and introduce new products for trading such as options and indices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Union Cabinet is also likely to approve on Thursday, the 12th Five-Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2% from 9% envisaged earlier in view of fragile recovery.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet is also expected to consider proposal from the civil aviation ministry for approving Lucknow, Varanasi, Tiruchirapalli, Mangalore and Coimbatore as international airports.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, it would also take up the proposal from the ministry of corporate affairs (MCA) to amend the Competition Act 2002 and amendments to the Companies Bill, 2011, following the report of the Standing Committee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposal for IDF before the Cabinet includes a tripartite agreement between developer, lender (bank) and the IDF. The loans by the banks would be refinanced by the IDF so that banks have free funds for more lending.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The IDF, which was proposed in the Union Budget for 2011-12 fiscal, is aimed at accelerating and enhancing flow of long term debt for funding the ambitious programme of infrastructure development in the country.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the Cabinet would also take up the proposal of amending the Double Taxation Avoidance Agreement (DTAA) with Armenia and Poland.</div>                                                           
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    <br><a href="http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx" class="re" target="_blank">The Hindustan Times, 3 October, 2012, http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Cabinet to consider FDI in pension, insurance    </title>
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-PTI





In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..."/>
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-PTI





In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.





The Cabinet will also..." />
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    <h1 class="cat-box-title">Cabinet to consider FDI in pension, insurance</h1>
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                            <div style="text-align: justify">-PTI</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet will also consider a number of other</div><div style="text-align: justify">crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising the Infrastructure Development Fund (IDF), sources said.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This is the second time within a month that the cabinet would consider such major proposals to push reform initiative.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">On September 13, the government had approved the controversial decision of allowing 51% FDI in multi-brand retail, besides relaxing FDI norms for civil aviation and broadcasting sector.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While the Insurance Bill seeks to raise the FDI cap insurance sector to 49%, from the 26% at present, the proposal in the Pension Fund regulatory and Development Authority (PFRDA) Bill seeks to open up the pension sector to foreign Direct Investment (FDI).</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the NIB, to be headed by the Prime Minister, is proposed to be set up for according fast-track clearances to infrastructure projects.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Forward Contract Regulation Act (Amendment) Bill that aims to give more powers to commodity markets regulator FMC.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Bill seeks to strengthen Forward Market Commission (FMC) by providing it financial autonomy, facilitate the entry of institutional investors and introduce new products for trading such as options and indices.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Union Cabinet is also likely to approve on Thursday, the 12th Five-Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2% from 9% envisaged earlier in view of fragile recovery.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The Cabinet is also expected to consider proposal from the civil aviation ministry for approving Lucknow, Varanasi, Tiruchirapalli, Mangalore and Coimbatore as international airports.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, it would also take up the proposal from the ministry of corporate affairs (MCA) to amend the Competition Act 2002 and amendments to the Companies Bill, 2011, following the report of the Standing Committee.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The proposal for IDF before the Cabinet includes a tripartite agreement between developer, lender (bank) and the IDF. The loans by the banks would be refinanced by the IDF so that banks have free funds for more lending.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">The IDF, which was proposed in the Union Budget for 2011-12 fiscal, is aimed at accelerating and enhancing flow of long term debt for funding the ambitious programme of infrastructure development in the country.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Besides, the Cabinet would also take up the proposal of amending the Double Taxation Avoidance Agreement (DTAA) with Armenia and Poland.</div>                                                           
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    <br><a href="http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx" class="re" target="_blank">The Hindustan Times, 3 October, 2012, http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx</a><div class="clear"></div>
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Home हिन्दी

Cabinet to consider FDI in pension, insurance

Published on Oct 4, 2012   Modified on Oct 4, 2012

-PTI In another round of big-ticket reforms, the Union Cabinet will consider on Thursday raising the FDI cap in insurance sector to 49% and opening the pension sector to foreign investment besides creation of a National Investment Board. The Cabinet will also consider a number of other crucial measures like giving more powers to commodity market regulator FMC, Competition Bill to bring all sectors under Companies Act, and model tripartite agreement for operationalising the Infrastructure Development Fund (IDF), sources said. This is the second time within a month that the cabinet would consider such major proposals to push reform initiative. On September 13, the government had approved the controversial decision of allowing 51% FDI in multi-brand retail, besides relaxing FDI norms for civil aviation and broadcasting sector. While the Insurance Bill seeks to raise the FDI cap insurance sector to 49%, from the 26% at present, the proposal in the Pension Fund regulatory and Development Authority (PFRDA) Bill seeks to open up the pension sector to foreign Direct Investment (FDI). Besides, the NIB, to be headed by the Prime Minister, is proposed to be set up for according fast-track clearances to infrastructure projects. The Forward Contract Regulation Act (Amendment) Bill that aims to give more powers to commodity markets regulator FMC. The Bill seeks to strengthen Forward Market Commission (FMC) by providing it financial autonomy, facilitate the entry of institutional investors and introduce new products for trading such as options and indices. The Union Cabinet is also likely to approve on Thursday, the 12th Five-Year Plan (2012-17) document that proposes to lower annual average economic growth rate target during the period to 8.2% from 9% envisaged earlier in view of fragile recovery. The Cabinet is also expected to consider proposal from the civil aviation ministry for approving Lucknow, Varanasi, Tiruchirapalli, Mangalore and Coimbatore as international airports. Besides, it would also take up the proposal from the ministry of corporate affairs (MCA) to amend the Competition Act 2002 and amendments to the Companies Bill, 2011, following the report of the Standing Committee. The proposal for IDF before the Cabinet includes a tripartite agreement between developer, lender (bank) and the IDF. The loans by the banks would be refinanced by the IDF so that banks have free funds for more lending. The IDF, which was proposed in the Union Budget for 2011-12 fiscal, is aimed at accelerating and enhancing flow of long term debt for funding the ambitious programme of infrastructure development in the country. Besides, the Cabinet would also take up the proposal of amending the Double Taxation Avoidance Agreement (DTAA) with Armenia and Poland.

The Hindustan Times, 3 October, 2012, http://www.hindustantimes.com/business-news/WorldEconomy/Cabinet-to-consider-FDI-in-pension-insurance/Article1-939356.aspx

Tagged with: FDI Pension Insurance

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