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    IC 89 - Management Accounting

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    Rakesh Kumar
    The government is taking steps to boost foreign direct investment by increasing FDI limits in various sectors like defense manufacturing, construction, and insurance. Specifically, the Parliament passed an amendment in 2021 to increase the FDI limit in the insurance sector from the previous 49% limit to a new increased limit of 74%. The government aims to relax foreign investment policies and attract more foreign capital in the country.

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    IC 89 - Management Accounting

    Uploaded by

    Rakesh Kumar
    230 views1 page
    The government is taking steps to boost foreign direct investment by increasing FDI limits in various sectors like defense manufacturing, construction, and insurance. Specifically, the Parliament passed an amendment in 2021 to increase the FDI limit in the insurance sector from the previous 49% limit to a new increased limit of 74%. The government aims to relax foreign investment policies and attract more foreign capital in the country.

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    The government is taking steps to boost foreign direct investment by increasing FDI limits in various sectors like defense manufacturing, construction, and insurance. Specifically, the Parliament passed an amendment in 2021 to increase the FDI limit in the insurance sector from the previous 49% limit to a new increased limit of 74%. The government aims to relax foreign investment policies and attract more foreign capital in the country.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    230 views1 page

    IC 89 - Management Accounting

    Uploaded by

    Rakesh Kumar
    The government is taking steps to boost foreign direct investment by increasing FDI limits in various sectors like defense manufacturing, construction, and insurance. Specifically, the Parliament passed an amendment in 2021 to increase the FDI limit in the insurance sector from the previous 49% limit to a new increased limit of 74%. The government aims to relax foreign investment policies and attract more foreign capital in the country.

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    of 1

    IC-89 – Management Accounting

    Original Text in book on


    Chapter No. 10 Page no.426 Point.6 (Sub-Point v)

    The government is taking more steps to boost FDI in the country. It has raised the foreign
    investment limit to 49 per cent in defence manufacturing and relaxed the policy in
    construction sector. The government has also proposed to increase the FDI cap in
    insurance to 49 per cent.

    Revised text as per revised FDI limit as below


    Chapter No. 10 Page no.426 Point.6 (Sub-Point v)

    The government is taking more steps to boost FDI in the country. The Parliament passed
    the Insurance (Amendment) Act, 2021 to increase foreign direct investment (FDI) in
    the insurance sector to 74%.

    Page 1 of 1

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