![Govt approves 20% FDI in LIC via automatic route](https://www.gkseries.com/blog/wp-content/uploads/thumbs_dir/download-2022-03-02T113714.972-pl9eulkyh6qhof5sqh5563ja3q9nrwvqqc0sfqfzj4.jpg)
The Union Cabinet Saturday approved foreign direct investment (FDI) of up to 20% under the automatic route in Life Insurance Corporation (LIC) of India, according to people aware of the development, paving for a smoother road ahead of its initial public offer planned for next month. ...
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