New Delhi, Dec 09 (ANI): The Congress has reportedly dropped its opposition to the insurance bill with the select committee of Rajya Sabha proposing an increase in the foreign equity investment to 49% from the present 26%, paving the way for possible passage of the 10-year-old reform legislation during the current session. The BJP said that the bill is likely to be passed in the current session of the parliament as the suggestions made by various parties have been incorporated. The Insurance Bill, which was heavily debated during the monsoon session of the Parliament in August, was sent to a Select Committee of the Rajya Sabha, after the government was unable to garner the opposition's support for it.
