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News Business Budget Will invite suggestions for FDI in aviation, media, insurance: Sitharaman in budget speech

Will invite suggestions for FDI in aviation, media, insurance: Sitharaman in budget speech

Presenting her maiden budget in the Lok Sabha, Finance Minister Nirmala Sitharaman on Friday said the government will invite suggestions for the further opening up of foreign direct investment in the aviation sector, media, animation AVGC and insurance sectors in consultation with all stakeholders.

Budget 2019-20 Image Source : PTIBudget 2019-20: Will invite suggestions for FDI in aviation, says Nirmala Sitharaman
India TV Business Desk New DelhiJuly 05, 2019 12:02 IST

In her maiden budget presentation in Lok Sabha, Finance Minister Nirmala Sitharaman said that the government will invite suggestions for the further opening up of foreign direct investment in the aviation sector, media, animation AVGC and insurance sectors in consultation with all stakeholders.

Hundred percent FDI will be permitted for insurance intermediaries, the finance minister said. 

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