The Congress led UPA government managed to pass the Pension Fund
Reulatory and Development. Authority Bill,2011 in the Loksabha with
the support of the main opposition party,the BJP.
THE LEFT PARTIES OPPOSED THE BILL STRONGLY AND AMENDMENTS
PRESENTED BY COM.BASUDEB ACHARYA,LEADER OF CPI(M) IN
LOKSABHA WAS REJECTED BY VOTING AND VOICE VOTE.
Trinamool congress also opposed and other opportunist regional
parties supported the bill.
The BJP has once again proved beyond any doubt that they are also
for the implementation of neo liberal economic policies and they do
not have any difference with the Congress in this regard.
The draconian bill is the death bell for the statutory defined pension
scheme,the most social security scheme available in the country.
PFRDA bill was mooted by the BJP led NDA government in 2003,but
could not pass it due to stiff opposition of workers
During the period of the UPA1 government the left parties which
supported the government from outside never allowed Manmohan
Singh to pass the bill.
IT IS A BIG AND CRUEL ATTACK ON THE WORKERS AND THE PENSIONERS.
AIBDPA STRONLY CONDEMN THE PASSAGE OF PFRDA BILL IN LOKSABHA
AND VOWS FOR CONTINUED OPPOSITION AND PROTEST.