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FDI Limit for Insurance Raised from 74% to 100%

Kumari Sonali

FDI Limit for Insurance Raised from 74% to 100%:

One of the most notable announcements is raising the FDI limit in the insurance sector from 74% to 100%, which aims to attract foreign investment, improve market penetration, and integrate global best practices. Other key changes include reforms in pension product development, KYC simplification, easing company mergers, and revamping BITs to encourage sustained foreign investment.

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