Category:

Policy

Budget-2020:FM unveils disinvestment plans for LIC

On the the IPO size and timeline  for the LIC disinvestment plans, Rajeev kumar, finance secretary cum secretary department of financial services(DFS) said the detaisl are being worked out.
“It will be finalised in the next fiscal.The required measures and the processes,including the consultations with the Law ministry,for the disinvestment of LIC, have already been initiated” said Kumar. 

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Swadeshi Jagran Manch asks PM’s to stall mergers of 3 PSU general insurers

Among other issues, SJM in its letter to PM has argued that the merger of public sector insurance companies  is likely to endanger growth of insurance sector in the country in general and would hamper the successful implementation of socially important flagship insurance schemes like like Pradhan Mantri Fasal Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Aarogya Yojana, 

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“There will be a post-Brexit trade deal between India and the UK”

“We’ve identified a number of areas where the UK and India can work more closely together in innovative financial services- cyber, green and fintech.In fact, our ties are already strong in these areas, and many firms from the UK are already based here. Vice versa many Indian firms are in the UK. After all London’s expertise perfectly matches India’s fast growing market”

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