To print this article, all you need is to be registered or login on Mondaq.com.
The Government has issued guidelines for the collection,
acquisition and use of Geospatial Data and mapping activities. The
guidelines create a permissive regime which encourages open access
and collaboration for such data, while also drawing a clear
distinction between the activities of Indian and foreign entities
in relation to Geospatial Data and the technologies used to collect
such data.
On 15 February 2021, the Department of Science and Technology
(
DST) released guidelines for acquiring and
producing Geospatial Data and Geospatial Data services including
maps (
Guidelines). These Guidelines were
Budget 2021 | Amendments required for liberalisation of insurance sector
Since the objective of the government is to bring an impetus to FDI inflow in insurance companies, stakeholders will now be very keen to learn the fresh terms and conditions that will act as riders to their ability to own and control insurance companies Indranath Bishnu February 04, 2021 / 09:00 AM IST
As part of the Budget presented by Finance Minister Nirmala Sitharaman on February 1, the government’s proposal to further liberalise foreign direct investment (FDI) in Indian insurance companies to up to 74 percent from the existing 49 percent cap was announced. This proposal is followed by the raise in FDI limits for investment in insurance intermediaries to up to 100 percent, which was announced by Sitharaman in her maiden Budget speech in July 2019, and effected subsequently in September 2019.