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Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Finance Minister proposes facilitating FDI policies to spur economy in Budget 2019

Nirmala Sitharaman presented the first budget of Modi 2.0 government. She became the second female Finance Minister after Indira Gandhi to present the budget today. Finance Minister Nirmala Sitharaman, presenting her first Union Budget on Friday said that the government will consider further liberalizing foreign direct investment in aviation, media, animation, and the insurance sector in consultation with stakeholders. In her speech she announced that the government will allow 100 per cent foreign direct investment for insurance intermediaries, while also…

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