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FM reaches out to opposition for Insurance Bill: FM

FM P Chidambaram reportedly said that the Bharatiya Janata Party (BJP) has assured them that it will consider support for the Insurance Bill.

December 07, 2013 11:06 IST | India Infoline News Service

Finance Minister has reached out to the opposition to get support for the Insurance Bill.

FM P Chidambaram reportedly said that the Bharatiya Janata Party (BJP) has assured them that it will consider support for the Insurance Bill.

The Insurance Bill seeks to hike foreign direct investment (FDI) in the insurance sector to 49% and this has been a key reform.

The FM also said that the BJP has told him that it will get back to him with a final view.

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