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Finance minister P Chidambaram on Wednesday said that it is unlikely that any key legislation, except the Vote-on-Account, would get passed in the Parliament session, which began amid uproar over the Telangana and caste-reservation issues.
“If Parliament does not meet to pass laws, and beginning today you will see Parliament will meet, but I doubt whether it will pass any law… We have to go through the ritual of attending Parliament everyday and come back empty handed,” he told reporters after addressing students of Shri Ram College of Commerce (SRCC) at its business conclave.
He added that the Finance Bill, Vote-on-Account and Appropriation Bill will be passed. “If it is passed without debate or discussion, I won’t be happy. I want it to pass with discussion and debate,” he said.
During the current session, which ends on February 21, the government is keen to pass the Telangana Bill along with a few anti-corruption legislations.
Key reform bills including Insurance Bill, DTC and GST, are unlikely to be taken up due to lack of political consensus. On the government’s decision to cut CNG prices by about Rs 15 per kg and cooking gas piped to kitchens by about Rs 5 per cubic meter ahead of the elections, Chidambaram said the government has not given any sops, but only rationalised some prices. He added that the deficit target of 4.8 per cent of GDP would be met and that India can grow at 8-9 per cent for next 20-30 years.