FM hopes for Parliament nod to insurance bill by Dec

Tags: News
Finance minister Arun Jaitley expressed hope on Tuesday that parliament would give its approval to the amendments to the Insurance Act, permitting 49% foreign investment, by end December.

Prime minister Narendra Modi's plans to push through insurance reforms were blocked last month by the opposition in parliament and the government had to agree to send the bill for consideration by a parliamentary panel.

EDITORIAL OF THE DAY

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