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Global Trade Alert

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India: Foreign Direct Investment limit in the Insurance sector increased

Description

On 25 March 2021, the President of India gave his assent for the Insurance (Amendment) Act, 2021. The Act, effective on the day of the asset, increases the foreign investment limit in Indian insurance...

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

25 Mar 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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