Govt proposes 49% FDI in insurance, caps voting rights

Jul 07 2014, 21:22 IST
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Govt plans to increase foreign direct investment in the insurance sector to 49 pct... Govt plans to increase foreign direct investment in the insurance sector to 49 pct...
SummaryProposal to hike FDI cap in insurance first mooted by UPA govt.

demanding raising FDI limit to 49 per cent from 26 per cent at present so that get the much needed capital to enhance their business.

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