Insurance Act India News
The LIC employees are protesting against the government's proposal to privatise the corporation and enhance the FDI limit in the insurance sector
he All India Insurance Employee's Association (AIIEA) has called the strike along with other trade unions from the industry
FM Nirmala Sitharaman proposed to amend the Insurance Act 1938 to increase the permissible FDI limit from 49 per cent to 74 per cent in insurance companies
In a statement, Sahara India Life said SAT, condemning the order of Insurance Regulatory and Development Authority of India (IRDAI), also raised serious objection against the order.
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