ANNOUNCEMENT 25 Mar 2021

India has increase the FDI limit in Indian insurance companies from 49% to 74%.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 25 Mar 2021 | Removal date: open ended

FDI: Entry and ownership rule

On 25 March 2021, the President of India gave his assent for the Insurance (Amendment) Act, 2021. The Act, effective on the day of the asset, increases the foreign investment limit in Indian insurance companies from 49% to 74%.

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