Cabinet approves Bill to hike FDI in insurance sector to 100%

Key Points

1. Union Cabinet approved a bill to raise FDI in the insurance sector to 100% on **December 12, 2025**.
2. The Insurance Laws (Amendment) Bill 2025 is listed for the Winter session of Parliament.
3. Finance Minister Nirmala Sitharaman proposed raising the FDI limit to 100% in the insurance sector in the Budget speech.
4. The insurance sector has attracted **₹82,000 crore** through foreign direct investment (FDI) so far.
5. Amendments to the LIC Act propose empowering its board to take operational decisions.
6. The goal is to achieve 'Insurance for All by 2047'.