Foreign Direct Investment (FDI) in India – Review of FDI policy –Insurance sector

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Full Text of the Document

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....ks is invited to the Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2000, notified by the Reserve Bank vide Notification No. FEMA 20/2000-RB dated 3rd May 2000, as amended from time to time. 2. The extant FDI policy for Insurance sector has since been reviewed by the Government of India and accordingly it has been decided to enhance the....