Insurance news: JD(U) hits out at PM over latest decision on FDI in insurance

JD-U today targeted Prime Minister Manmohan Singh over the latest decision to allow 49  per cent FDI in insurance sector but remained evasive on whether ally BJP will back its  total  opposition to the measure.

JD-U President Sharad Yadav came down heavily on the Centre for “going on an  announcement spree” to bring foreign capital in the country and acridly remarked that  Singh should “disinvest the central government also” to “complete the the disinvestment  cycle” Read more