PREVIOUS
✖
Sabka Bima Sabki Raksha Bill 2025
December 20 , 2025
14 hrs 0 min
88
0
- The Lok Sabha passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025.
- The Bill amends the Insurance Act, 1938, Life Insurance Corporation Act, 1956, and Insurance Regulatory and Development Authority Act, 1999.
- It aims to promote the growth of the insurance sector and improve protection for policyholders.
- The Bill seeks to improve ease of doing business, transparency, and regulatory oversight in insurance.
- The government has infused over ₹17,000 crore into public sector insurance companies and increased Foreign Direct Investment (FDI) limits.
- The Bill supports wider insurance coverage through schemes like Pradhan Mantri (PM) Jeevan Jyoti Bima Yojana and PM Suraksha Bima Yojana.
Leave a Reply
Your Comment is awaiting moderation.