Reform push: Govt to seek 100% FDI in insurance; Bill set for Winter session; sector eyes deeper penetration
The government plans to introduce a bill in the upcoming Winter session of Parliament to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent from the current cap of 74 per cent, according to a Lok Sabha bulletin.The Winter session is scheduled from December 1 to 19 and will…