Insurance Reform
Insurance reform refers to changes aimed at improving the insurance industry. It seeks to enhance consumer protection and increase accessibility. Such reforms can address issues like affordability and transparency. They may also promote competition among insurers. Effective reform can strengthen the economy and support social welfare. Ultimately, it aims to create a more robust and equitable insurance system for all.
The Union Cabinet’s approval of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 marks the...
December 16, 2025