The BJP government is reported to be going for the ordinance route, bypassing the Parliament, to get the cap of FDI in insurance increased to 49% from 26%. As per the media reports the cabinet has approved the ordinance in this respect and will be sent for approval of the President of India. The Narendra Modi government could not get it passed by the Parliament before the winter session was concluded. Both houses of the Parliament was rather paralysed for several days due to the stubborn stand of the government on the issues of serious incidents inciting communal violence by BJP MPs. The intention of the Modi government is very clear that they want to appease the US President, Barack Obama when he visits India during the Republic Day celebrations exposing their commitment to the imperialists than the people of this country.
