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Budget 2019: 100% FDI For Insurance Intermediaries

Jul 05, 2019 03:39 PM IST Business Business

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.