Restrictions relaxed on foreign direct investment (FDI) in the Indian insurance sector
Trade barrier summary
Previous restrictions limited equity shares by foreign investors in the insurance sector from being higher than 49%. These restrictions were relaxed following the Insurance (Amendment) Bill, 2021 which increased FDI caps to 74% for insurance entities.
Sectors affected
- Financial and professional services
Resolved
Yes - February 2021
Date reported
10 August 2020
Last updated
7 December 2021
Public ID
PID-Y9LX96
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