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Parliament passes insurance Bill
Financial Express Chandigarh
|December 18, 2025
PARLIAMENT ON WEDNESDAY passed a Bill to raise foreign direct investment (FDI) in the insurance sector to 100% from the current 74%, a move expected to attract higher foreign capital inflows, support the adoption of global governance and innovation standards, and deepen insurance penetration in the country.
The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 was cleared by the Rajya Sabha through a voice vote, a day after it was passed by the Lok Sabha.
This story is from the December 18, 2025 edition of Financial Express Chandigarh.
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