Insurance Regulatory and Development Authority of India (IRDAI) has formed various committees through the General Insurance Council (GIC) to overhaul the insurance sector.
The World Economic Forum (WEF) ranked India 54th position (down from 46th in 2019) with a score of 4.1 in its Travel and Tourism Development Index 2021.
ICICI bank has launched India's First 'Open-For-All' digital ecosystem with an open architecture to empower all Micro, Small, and Medium Enterprises (MSMEs) in India.