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French Senate passes Pension reform bill amid protests

The upper house of the French Parliament adopted the bill by 195 votes to 112…reports Asian Lite News

The French Senate has approved the country’s pension reform plan, despite the hundreds of thousands of people who have taken to the streets to protest a significant policy change that could define President Emmanuel Macron’s second five-year term.

The upper house of the French Parliament adopted the bill by 195 votes to 112, whose headline measure is lifting the retirement age by two years to 64, Xinhua News Agency reported.

A committee will hammer out a final draft, which will then be sent to the Senate and the National Assembly for a final vote, likely on Thursday, local media reported.

“After hundreds of hours of discussions, the Senate adopted the pension reform plan. It is a decisive step to make reform happen that will ensure the future of our pension system,” French Prime Minister Elisabeth Borne wrote on Twitter.

Borne said she was “totally committed to ensuring the text will be definitively adopted in the coming days.”

On Saturday, some 368,000 people demonstrated across France against the government’s plan, the French Ministry of the Interior said.

The railway service in France was “heavily” disrupted, according to the French national railway company SNCF. However, metros and other public transport in the Ile-de-France region, where the French capital Paris is located, ran as scheduled.

ALSO READ: Protests against pension reform plan continues in France

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KTR to address Paris Senate

The delegation led by KTR will also meet French industrialists and CEOs of various companies to invite investments to Telangana….reports Asian Lite News

 Telangana Information Technology and Industries Minister K.T. Rama Rao on Wednesday left for France to address the ‘Ambition India Business Forum’.

He will deliver the keynote address at the business event scheduled to be held on October 29, at the French Senate in Paris.

KTR is leading a delegation that includes Principal Secretary, IT and Industries, Jayesh Ranjan and other officials.

This is KTR’s first visit abroad since Covid-19 pandemic broke out last year.

Pic credits Twitter @MinisterKTR

He will also meet French industrialists and CEOs of various companies to invite investments to Telangana.

The French government invited the minister to address the Forum.

Ambassador of France Emmanuel Lenain had sent a letter to the minister a few days ago. “We believe it creates a great momentum between France and India and would provide a good occasion to promote the State of Telangana. I would hence like to invite you to participate in person in Ambition India 2021, as a keynote speaker after the roundtable ‘Growth: Drafting the future of Indo-French relations in a post-Covid era’,” the ambassador wrote.

“It would be an honour for us to welcome you at the French Senate and organise high-level meetings for you with the French investors,” he added.

KTR had expressed happiness over receiving the invitation and stated that this would be a great global platform to highlight the investment opportunities existing in Telangana.

As part of the Forum, there will be several round tables on doing business in India, healthcare, climate, digital transformation as well as agribusiness. B2B meetings between French and Indian companies are also scheduled during the event.

The business event organised under the patronage of French President Emmanuel Macron aims to foster trade and investment relations between France and India. It enables companies to be aware of the challenges of the Indian market as well as learn more about investment opportunities through updates on the Indian government’s economic policies and regulatory specificities.

During the previous Ambition India edition, the Forum hosted 700 participants virtually, spread over two sessions with more than 400 companies online, eager to know more about bilateral cooperation.

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