<h1>India's Insurance Bill Proposes Raising Foreign Equity Cap to 49% to Boost Capital Inflows.</h1> The Government introduced the Insurance Laws (Amendment) Bill, 2008, which proposes allowing foreign companies to hold up to 49% of equity shares in Indian insurance firms. This increase in the foreign equity share limit aims to attract additional capital flows into the insurance sector. The process involves gathering stakeholder views, which is a standard practice in government operations, including within the insurance industry. This information was provided by the Minister of State for Finance in a written reply to a question in the Lok Sabha.