100% FDI in insurance intermediaries

The Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade, FDI policy section has amended the para 5.2.22 of the Foreign Direct Investment policy of 2017 vide its Press Note No. 1(2020 Series) dated 21st February, 2020.

The key amendments are mentioned below:

I. Through the said amendment, the department has divided the sector mentioned in 5.2.22.1 in two parts (5.2.22.1 and 5.2.22.2) and changed the percentage of FDI cap as shown in table below: readmore…



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