13th DECEMBER 2025 ENGLISH TNPSC CURRENT AFFAIRS PDF TNPSC SHOUTERS
Union Cabinet approves bill for 100% foreign investment in the insurance sector
- The Union Cabinet yesterday approved a bill to increase foreign direct investment in the Indian insurance sector to 100 percent. According to a Lok Sabha report, the Insurance Laws (Amendment) Bill, 2025 has been formulated to increase investment in the insurance sector, accelerate growth and development, and facilitate ease of doing business.
- This is one of the 13 bills listed for introduction in the Parliament session. It is noteworthy that in this year's budget speech, Finance Minister Nirmala Sitharaman proposed a plan to increase the foreign investment limit in the insurance sector from the existing 74 percent to 100 percent as part of the new generation financial sector reforms.
