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Raising FDI limit in insurance aimed at unlocking full potential of sector
Millennium Post Delhi
|New Delhi 29July2025
Raising the FDI limit in insurance to 100 per cent will help the sector achieve its full potential by growing at 7.1 per cent per annum over the next 5 years, outpacing the global growth, Finance Minister Nirmala Sitharaman informed Parliament on Monday.
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NEW DELHI:
The finance minister in Union Budget 2025-26 had proposed to raise the limit of foreign investment in insurance sector from the existing 74 per cent to 100 per cent.
Raising the limit will eliminate the need for foreign investors to find Indian partners for the remaining 26 per cent, easing the process of setting up their operations in India, effectively increasing the number of insurers in the country, she said in a written reply to Lok Sabha.
Cette histoire est tirée de l'édition New Delhi 29July2025 de Millennium Post Delhi.
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