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IMPACT OF FOREIGN DIRECT INVESTMENT IN INDIA ON THE INSURANCE INDUSTRY    

Authors : DEVANSH AGARWAL, Dr. SUCHETA SARDAR

Publishing Date : 2023

DOI : https://doi.org/10.52458/9789391842291.2023.eb.grf

ISBN : 978-93-91842-29-1

Pages : 43

Chapter id : GRF/EB/DPMR/2023/Ch-09

Abstract : According to studies, boosting foreign direct investment (FDI) can only be accomplished efficiently by increasing FDI, and improving the overall performance of the industry necessitates a considerable amount of capital expenditure, hence the Indian life insurance sector This is a great step in the right direction. Congress has enacted the 2015 Insurance Law (Amendment) bill. The Lok Sabha approved the bill on March 4, 2015, and the Rajya Sabha approved it on March 12, 2015. It becomes law when the president signs it. The bill is designed to reform India's present insurance legislation.

Keywords : FOREIGN, INVESTMENT, INSURANCE, INDUSTRY

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