In the recent Union Budget, F.M. has increased the Foreign Direct Investment (FDI) ……….. limit in the insurance sector from the present.

Explanation

In Budget 2021-22, Finance Minister Nirmala Sitharaman announced an increase in the FDI limit in the insurance sector from 49% to 74%, which became effective from August 2021. In the Union Budget 2025-26, it was announced to increase it further from 74% to 100%.