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PM to respond on Volcker issue on Thursday

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Prime Minister Manmohan Singh will respond in the Rajya Sabha on Thursday to clarify his statement on the Volcker issue, Parliamentary Affairs Minister P R Dasmunsi said.

He said the government has plans to bring in Parliament next week a bill seeking to restore reservation in admissions in private educational institutions.

A suitable date for bringing forward the measure in Parliament would be decided after consultations with various political parties as it was a Constitution Amendment Bill requiring presence of two third members of the House.

Members cutting across party lines had demanded such a measure in the wake of a Supreme Court judgment that declared reservation in such institutions illegal.

Complete Coverage: The Volcker Drama