FDI in the Insurance Sector increased from 74% to 100% - BSNLEU opposes this strongly.

In the budget submitted in the Parliament for the financial year 2024 - 25, the government has decided to increase the Foreign Direct Investment ( FDI) in the Insurance Sector, from 74% to 100%. This is nothing but handing over the Insurance Sector to the foreign multinational corporations. This decision of the government is highly condemnable. BSNLEU strongly opposes this move of the government to increase the FDI in the Insurance Sector to 100%.