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Budget 2019: 100% FDI For Insurance Intermediaries

Sameer Kumar Rai

News18.com

Last Updated: July 05, 2019, 15:39 IST

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Finance Minister Nirmala Sitharaman, in her 2019 Budget speech declared that the government will permit 100% foreign direct investment (FDI) for insurance intermediaries. The government will also observe the opening up for FDI in sectors of aviation and media, and the animation, video, graphics, etc.