: Despite nationwide protest, French Senate passes pension reform bill #IndiaNEWS #International Paris, March 12 (IANS) The French Senate has approved the countrys pension reform plan, despite the hundreds

Despite nationwide protest, French Senate passes pension reform bill #IndiaNEWS #International
Paris, March 12 (IANS) The French Senate has approved the countrys 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 Macrons 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 governments 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.
IANS
int/svn/

Stock Market NEWS Best intraday tips Intraday Stocks below 100