FRDI bill withdraws

Loksabha passed withdrawn of the FRDI bill which introduced on last year august. FRDI means Financial Resource and Development Insurance. When the bill introduced last year every boy was anxious and concerned towards the bill. The insurance coverage for bank deposit will lose was the bill means.

Lot of objections and concerns towards the bill shown by common people. Everybody discussing about the disadvantage of the bill.

Finance minster Pon Radhakrishnan introduced the bill in Lok Sabha. Parliamentary committee suggested withdrawal of this bill in last week. This is the first time in Modi government period a bill is taken for a supreme decision regarding financial concern.