100% FDI in insurance

SABKA BIMA SABKI RAKSHA BILL 2025 EXPLAINED

The Sabka Bima, Sabki Raksha Bill, 2025, raises FDI in insurance to 100 percent to boost penetration and capital. It strengthens IRDAI’s powers and eases business norms. Gains include competition and innovation, but data privacy, profit outflows, and pressure on public insurers demand strong regulatory oversight.