Friday, October 5, 2012

Voice of America: India Announces More Economic Reforms

Voice of America
Voice of America is an international news and broadcast organization serving Central and Eastern Europe, the Caucasus, Central Asia, Russia, the Middle East and Balkan countries
India Announces More Economic Reforms
Oct 5th 2012, 12:48

India has unveiled new measures to attract foreign investment in the insurance and pension sectors. The move appears to signal the government's determination to press ahead with economic reforms despite threats by the political opposition to bring down the ruling coalition.  The contentious bills approved by the Cabinet would open the doors to foreign companies in the pension sector, from which they are now barred. They also raise the limit for ownership by foreign companies in the ...

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