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India Parliament Clears Insurance Bill Allowing 100% FDI
Parliament approves 100% FDI in India’s insurance sector to attract global players, boost capital inflows, and expand financial inclusion.
India’s Parliament approved the Sabka Bima Sabki Raksha Bill 2025, permitting 100% foreign direct investment in the insurance sector. The reform aims to increase capital inflows, boost competition, and expand insurance penetration nationwide. Finance ministry officials stated the move would attract global insurers, promote jobs, and deepen financial markets. The bill’s passage marks a significant policy shift, expected to reshape India’s financial landscape.