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Pending Insurance Laws (Amendment) Bill to be Tabled in Parliament Soon; FM

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....ending Insurance Laws (Amendment) Bill to be Tabled in Parliament Soon; FM <br>News and Press Release<br>Dated:- 10-7-2014<br><BR>The Finance Minister Shri Arun Jaitley in his maiden Budget Speech ann....

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....ounced that the pending Insurance Laws (Amendment) Bill will immediately be brought for consideration of the Parliament. The Finance Minister said benefits of insurance in India have not reached to a ....

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....large section of the people as insurance penetration and density are very low. The Finance Minister Shri Jaitley assured that the Government would work addressing this situation in multi-pronged manne....

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....r with support of all stake holders concerned. Finance Minister also announced that as a part of the legislative initiatives under the financial sector reforms, it is proposed to bridge the regulatory....

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.... gap under the Prize Chits and Money Circulation Scheme (Banking) Act, 1978. This will facilitate effective regulation of companies and entities which have duped a large number of poor and vulnerable ....

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....people in the country, the Minister added.<BR> News - Press release - PIB....