Amid differences among allies, the government today deferred a decision on the changes in the crucial Pension Fund Regulatory and Development Authority Bill, 2011.
Senior government officials say that barring the National Housing Bank Amendment Bill, no major Bill -- not even the Banking Bill which the Cabinet has cleared -- will make it to Parliament by May 22, the last day of this Budget session.
The pension reforms Bill is likely be passed with the Bharatiya Janata Party (BJP) deciding to support it in the parliamentary standing committee. The Bill has been pending since 2005. Its revised version was tabled in the Budget session of Parliament this year.