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Monday, December 7, 1998

Thakre blasts Govt for allowing foreign equity in Insurance

PRESS TRUST OF INDIA  
NEW DELHI, DEC 6: The Bharatiya Janata Party president, Kushabhau Thakre, has criticised the Central government for opening up the insurance sector without consulting the party and said that BJP was opposed to foreign equity participation in the insurance sector.

Noting that the party was given ``absolutely no indication'' that this was in the offing, the BJP president said in an interview to The Week that ``till yesterday we were saying something, and now our government is doing just the opposite.

The finance minister gave a specific assurance to the Parliament that there will be no foreign equity in insurance.''

Thakre's views on the insurance regulatory authority bill, likely to be introduced in the Parliament next week, come amidst controversy over reported differences between BJP-led coalition government and the RSS on the issue.

``Those who are in the government may have their own compulsions. But when they are doing something which goes against a specific recommendation of the party, it isalways prudent to consult the party before doing it'', Thakre said in an interview to The Week magazine.

Asserting that the BJP manifesto had a provision that insurance sector should not be opened up to foreign companies, the BJP chief said that this provision was also there in the national agenda for governance.

Underscoring the need for better coordination between the government and the party, Kushabhau Thakre said ``the government should also listen to the party and the party should try to understand what are the compulsions of the government''.

``There should be some streamlining in the working of the government, in the working of the party'', he said adding that the Jana Krishnamurthy Committee on coordination between the two could not be implemented due to elections.Analysing the party's drubbing in the assembly elections, the BJP chief said in public perception BJP was responsible for improper handling of price rise notwithstanding the arguments in the political circle whether the Centre,the State government or vagaries of weather was responsible for the price spiral.

``The lesson I draw from the defeat is that people are so alert that they only look at their immediate problems, they don't think of long term problems. Both the government and the party have to consider the immediate problems. What you want to do ten years later no one is interested,'' he said.

Stating that the government had done many good things, he said ``I am not surprised that we lost. I am surprised that despite these very adverse circumstances, 42 per cent people voted for BJP."

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.


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