The central government did not present the Insurance Laws (Amendment) Bill ,hiking the FDI to 49%, in the Rajyasabha on today,the 4th August as they could not muster the necessary support from other parties. The NDA being  minority in the Rajyasabha, unless and until some other parties in the opposition support,they cannot get it through. The Congress Party,which is the main opposition party is reported to be for referring the bill to the select committee. This is not because that Congress is opposed to the bill, but a bargain for the Leader of Opposition post, as they were trying to pass the bill for the last four years while in power.

However, AIBDPA decision to conduct solidarity demonstration on the day of STRIKE by the insurance employees, stands.