NDA ruled Narendra Modi Government approves reforms in insurance, coal and pharma sectors with raising 100% FDI, Foreign Direct Investment,in medical devices in pharma sector. While briefing media Arun Jaitley, Finance Minister was optimistic to generate capital inflow to the tune of US $6-8 billion by increasing investment limit in insurance sector upto 49%. FM said the bill was pending since 2008. This approval comes after close of winters session of the parliament.
