Live Breaking News & Updates on காப்பீடு திருத்தம் ர சி து

Stay updated with breaking news from காப்பீடு திருத்தம் ர சி து. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

US lawmakers welcome India's move to increase FDI in insurance to 74%


Two influential US lawmakers have applauded the Indian government s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and investment.
India s Parliament last month passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector.
We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said.
This long-awaited reform holds the promise of expanding insurance coverage for Indian consumers and businesses, promoting both financial inclusion and economic resilience in India, they said. ....

United States , Brad Sherman , Steve Chabot , Taranjit Singh Sandhu , India Parliament , Democratic Co , Us Congress , Republican Co , Insurance Amendment Bill , Indian Insurance , Democratic Co Chair , House Caucus , Republican Co Chair , Indian Ambassador , Economic Geography , Foreign Direct Investment , International Business , Singh Sandhu , Biden Administration , Indias Parliament , Brad Sherman , Insurance Coverage , Republican Co , Us Congress , Insurance Sector , Insurance Products ,