Tag Archives: pension sector; approves companies bill

Big Bang Reform 2:Cabinet clears FDI in insurance, pension sector

By | October 4, 2012 6:23 pm

New Delhi:  Determined to prove the economy is in turn-around mode, the Cabinet has cleared a new installment of big-bang reforms. The plan is to allow more Foreign Direct Investment or FDI in the pension and insurance sectors.   What the cabinet approved: Raising the cap on FDI in insurance from 26% to 49%, and… Read More »