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Current Affairs 13 December 2025

In short

  • Union Cabinet approves bill to hike FDI limit in insurance sector to 100%
  • Cabinet clears bill to open civil nuclear power sector for private participation

…and 16 more stories on General.

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Union Cabinet approves bill to hike FDI limit in insurance sector to 100%

The Union Cabinet has approved a bill to raise the foreign direct investment (FDI) cap in India’s insurance sector from the existing 74% to 100%. The proposal aims to attract more global capital, improve solvency, and deepen insurance penetration in India. The move is expected to help insurers meet capital requirements for expansion, digitalisation, and new product development. It may also encourage global insurance majors to take full management control of their Indian joint ventures. The bill will now be introduced in Parliament for consideration and passage. Regulatory changes by IRDAI would follow after legislative approval. Concerns have been raised by some stakeholders about foreign dominance in a critical financial services segment, but the government argues it will boost competition and consumer choice.

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The recently approved bill by the Union Cabinet proposes to raise the FDI limit in the insurance sector to which level?

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Cabinet clears bill to open civil nuclear power sector for private participation

The Union Cabinet has approved a bill that seeks to open India’s civil nuclear power sector to private participation. Currently, nuclear power generation is largely under government-controlled entities like NPCIL. The reform is part of India’s plan to achieve around 100 GW of atomic energy capacity by 2047, aligning with long-term low-carbon energy goals. Private firms would be allowed to participate in specified parts of the nuclear value chain under strict regulation. The bill will be tabled in Parliament, and detailed rules will be framed subsequently. Safety, security, and international obligations under IAEA and nuclear liability frameworks remain central considerations. The move is expected to bring in capital, technology, and project management efficiencies from the private sector.

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The Cabinet-approved bill to reform India’s nuclear sector primarily seeks to

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Current Affairs by JobSafal