New Delhi, December 17, 2025: The Rajya Sabha passed the insurance bill to increase the FDI 100% in insurance sector, with aim INSURANCE FOR ALL BY 2047. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill 2025 proposes amendments to key legislations, including insurance act, 1938, the L.I.C. Act, 1956, IRDA Act, 1999.
The existing FDI limit will be increased from 74% to 100%.
It is expected that the global investment will increase India’s growth in insurance sector, competition and reduce insurance premium.
