Lok Sabha approves insurance reform bill raising FDI cap to 100%
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The Lok Sabha has approved The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, raising the FDI cap to 100% from 74%. This legislation aims to enhance policyholder protections and strengthen regulatory frameworks within the insurance sector. Finance Minister Nirmala Sitharaman emphasized the goal of achieving "Insurance for All by 2047".
The reforms are expected to attract significant foreign investment, potentially boosting growth in the insurance industry. 📈
Not investment advice. For informational purposes only.