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FDI worth Rs 26,000 cr received in insurance sector since further opening in 2015: FM

image Finance Minister Nirmala Sitharaman on Thursday said India received FDI worth Rs 26,000 crore in the insurance sector after 2015 when the foreign investment limit was raised to 49 per cent from 24 per cent. Replying to a debate on the Insurance (Amendment) Bill, 2021, Sitharaman said insurance companies are facing liquidity pressure and that is why the government was proposing to increase the FDI limit further.

She said the foreign direct investment (FDI) is aimed at supplementing the ..

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