FDI cap in insurance to increase 49 per cent from the current 26 percent

Cabinet approves 49% FDI cap in insurance sector

July 25, 2014July 25, 2014 - by India Writes Network

In an important reform initiative by the Narendra Modi-led NDA government, the Cabinet has approved to increase FDI cap in insurance to 49 per cent from the current 26 percent. …