Stressing the need of foreign investments' flow into the country, the Union Finance Minister P Chidambaram on October 24 hinted at introducing fresh round of financial sector reforms.
Tag: Financial Sector Legislative Reforms Commission
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Minister highlights difficulty in passing financial laws
Finance Minister P Chidambaram remarked that it was very complex and difficult to pass financial sector laws by a coalition government. He mentioned the case of the Companies Bill, which was cleared by the Lok Sabha and is awaiting the nod of the Rajya Sabha. He said this while addressing the third national seminar on ‘India Financial Code’ organised by the Institu