![Amends FEMA rules to allow 20% FDI in LIC](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/download-2022-04-19T124449.094-pnl1nfxwhkw2yobh0nefz1ua19gesa2r5arh0v84gw.jpg)
The government has amended the rules of the Foreign Exchange Management Act (FEMA) to open the way for up to 20% Foreign Direct Investment (FDI) in the Life Insurance Corporation of India (LIC). The government is also planning to dilute its stake in LIC ...
READ MORE +