Budget 2021: Industry welcomes insurance FDI limit hike to 74%; management control clause remains a concern
While announcing the proposal to hike FDI limit to 74 percent for the insurance sector, Finance Minister Nirmala Sitharaman said there would be safeguards . Keeping management control with Indians could dissuade infusion of fresh investments from abroad.
At the face of it, the proposal is a positive development for the country s insurance industry.
Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2021-22 on February 1, said the foreign direct investment (FDI) limit in India s insurance sector will be hiked to 74 percent from 49 percent.
At the face of it, the proposal is a positive development for the country s insurance industry that has been saddled with dual issues of stagnating growth amidst the COVID-19 pandemic and rising needs for capital infusion.
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The general insurance company s #HealthInsideOut campaign aims to create awareness about active mental health issues that one may be suffering from.
Future Generali India Insurance Company (FGII) has released a video series on how extreme human emotions on inanimate objects could be the signs of an underlying mental illness. This initiative is the second phase of the general insurance company s #HealthInsideOut campaign.
The videos focus on creating awareness about active mental health issues that one may be suffering from, and not realising their impact. They personify objects and the manhandling they face when the humans using them are going through an emotional turmoil. FGII has designed this digital campaign to encourage everyone to pick on such signs. It urges people to take their mental health seriously.
Future Generali India Insurance rolls out series of ads on mental health adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], December 31 (ANI/NewsVoir): Future Generali India Insurance Company Limited (FGII) has teamed up with Room to Read an NGO that helps underprivileged children to improve literacy and inculcate the habit of reading. Through this partnership, the company plans to setup libraries and donate books to underprivileged children from the society.
As a part of its responsibility towards community development, FGII will use its uniquely designed annual report to raise funds for the NGO backed schools. One can contribute to this cause by ordering this book on Amazon.in and Flipkart.com. The amount contributed by an individual shall be directly contributed to the NGO partner. In addition, Future Generali India Insurance vows to match the amount Rupee for a Rupee thus doubling the impact of the initiative.
FGII adopts innovative approach to drive literacy bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.