Govt readies amendments to GIBNA for insurance PSU privatisation; may table Bill in monsoon session

The Act, which came into force in 1972, provided for the acquisition and transfer of shares of Indian insurance companies and undertakings of other existing insurers in order to serve better the needs of the economy by securing the development of general insurance business.

from Economy-News-Economic Times https://ift.tt/36bRlD7
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