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CosmicTaco
13mo

India Raises FDI Limit in Insurance Sector to 100%

  • Finance Minister Nirmala Sitharaman announced the increase of FDI limit in the insurance sector from 74% to 100% in her Budget 2025 speech.
  • The new limit applies to companies investing the entire premium in India, with existing regulations to be reviewed and simplified.
  • This move aims to attract foreign capital, expand insurance coverage, and support the 'Insurance for All' goal by 2047.

Source: Zee News, The Times Of India, Business News India

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13mo ago
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