FDI boost: Sitharaman signals introduction of Insurance Amendment Bill
FDI boost: Sitharaman signals introduction of Insurance Amendment Bill
Finance Minister Nirmala Sitharaman indicated the Insurance Amendment Bill, proposing 100% FDI in India's insurance sector, may be introduced in the upcoming Winter session of Parliament. The enhanced limit aims to attract greater investment, facilitate innovation, and expand coverage, contributing to the goal of âInsurance for All by 2047â.
Finance Minister Nirmala Sitharaman indicated the Insurance Amendment Bill, proposing 100% FDI in India's insurance sector, may be introduced in the upcoming Winter session of Parliament. The enhanced limit aims to attract greater investment, facilitate innovation, and expand coverage, contributing to the goal of âInsurance for All by 2047â.