Industry

Watch: Parliament clears Bill to allow 100% FDI in insurance sector

December 17, 2025

On December 17, 2025, the Rajya Sabha passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, allowing 100% Foreign Direct Investment (FDI) in the insurance sector, a day after the Lok Sabha approved it. The bill has sparked debate among opposition members, who called for a review by a select committee due to its significant implications for the industry.

Watch: Parliament clears Bill to allow 100% FDI in insurance sector

Credit: Thehindu

Key Highlights

Rajya Sabha passed the Sabka Bima Sabki Raksha Bill on December 17, 2025.
The bill permits 100% Foreign Direct Investment in the insurance sector.
The Lok Sabha had approved the bill on December 16, 2025.
Opposition members requested a review by a select committee citing the bill's impact.
The Rajya Sabha also passed the Repealing and Amending Bill, which repeals 71 obsolete laws.

India

Sources

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

Watch: Parliament clears Bill to allow 100% FDI in insurance sector

Key Highlights

Sources

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