Insurance Laws Amendment Bill 2008 Current Affairs, GK & News

Insurance Laws Amendment Bill 2008  Current Affairs, GK & News

President signs ordinances on insurance, coal sector reforms

President Pranab Mukherjee has signed ordinances moved by Union government on raising foreign direct investment (FDI) cap to 49 per cent in insurance sector and facilitating e-auction of coal blocks. Earlier, in this regard Union Cabinet had approved promulgation of an Ordinance on Insurance Bill and re-promulgation of the Coal Ordinance. Government opted for ordinance ..