Shri P.Chidambaram, Finance Minister stated that the Insurance Bill will not be taken in this winter session of Parliament. So far so good.
The Left Parties and the Insurance workers under the leadership of AIIEA have been continuously protesting against the proposed bill since the intention of the bill is to allow the MNCs to come to this sector in a big way with more FDI which is against the interest of the nation and the nationalised life insurance and general insurance companies.
Of course, there will be a big fight in the budget session if the bill is moved.