Bill to increase FDI limit in insurance sector gets Parliament's nod Economy

Bill to increase FDI limit in insurance sector gets Parliament’s nod

By Administrator_ India Capital Sands A bill to increase foreign direct investment (FDI) in the insurance sector from 49 per cent to 74 per cent was approved by Parliament with the Lok Sabha giving green signal to the legislation by a voice vote on Monday. Piloting the Bill, Finance Minister Nirmala Sitharaman said that hiking the FDI limit in the insurance sector will […]