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View Full Version : Insurance Bill retains proposal to raise FDI cap to 49%



IndiaInsurance
23rd February 2013, 10:54 AM
Despite a parliamentary standing committee''s firm stand against hiking the 26% foreign direct investment cap in insurance, the government has decided to approach Parliament with its original proposal to hike the limit to 49%, considering the sector''s huge capital needs.

More... (http://www.financialexpress.com/news/insurance-bill-retains-proposal-to-raise-fdi-cap-to-49-/1078438/)