
The Indian government is seeking public suggestions to raise the Foreign Direct Investment (FDI) limit in the insurance sector to 100%. This proposal aims to enhance funding and investments in the industry. Additionally, major amendments to the Insurance Act are being proposed, which include allowing insurance agents to partner with multiple life, general, and health insurance companies, as opposed to the current restriction of one partnership per category. The Finance Ministry has expressed support for the FDI increase, indicating a significant shift in policy aimed at boosting the insurance market.
#FinanceMinistry backs raising #FDI in #insurance to 100% https://t.co/eZNBOwCf5f
Govt proposes to raise #FDI #limit in #insurance sector to 100%, seeks public comments https://t.co/4pJbVGUr9D
FDIC Extends Comment Period for New Requirements for Custodial Accounts https://t.co/q7IYWMHZBE #Money #Insurance #Government @GT_Law https://t.co/Gl3xnPZXwf
