💨 Abstract
In her Budget speech, Finance Minister Nirmala Sitharaman announced the increase of FDI limits for the insurance sector from 74% to 100%, but with certain restrictions. The move aims to support the goal of achieving "Insurance for All" by 2047, as a significant portion of India's citizens and insurable assets remain uninsured.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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