Financial Institutions/ Insurance

Opening the FDI floodgates

Print edition : February 05, 2016

At a medical camp conducted by a private general insurance company. The government's withdrawal as a provider of health services has coincided with the promotion of aggressive private health insurance policies. Photo: Nagara Gopal

Amanulla Khan. Photo: V. Sreenivasa Murthy

The lifting of the FDI cap in the sector has not increased insurance penetration and has only undermined the unique contributions made by public sector insurance companies.

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