The Narendra Modi–led government is preparing to introduce a series of game-changing economic reforms in Parliament, aiming to boost investment, modernize key industries, and strengthen India’s long-term growth trajectory.
At the heart of this ambitious agenda is a proposal to remove all caps on Foreign Direct Investment (FDI) in the insurance sector, allowing 100% foreign ownership. This move is expected to deepen insurance penetration, attract global capital, and enhance competition in one of India’s rapidly expanding financial segments.
In another landmark shift, the government is planning to open the atomic energy sector to private and non-state companies for the first time. This would break the decades-old public-sector monopoly and enable private players to participate in building and operating nuclear power plants — including next-generation and small modular reactors — potentially transforming India’s clean-energy landscape.
Alongside these structural changes, the government intends to revamp insolvency laws to speed up bankruptcy resolutions, reduce delays, and improve the ease of doing business. Faster insolvency proceedings are expected to boost investor confidence and support healthier corporate governance.
Buoyed by strong economic momentum and a decisive political mandate, the Centre believes the time is right for far-reaching reforms. If cleared by Parliament, these measures could reshape India’s insurance, energy, and financial sectors, giving fresh impetus to the nation’s goal of emerging as a multi-trillion-dollar global economic powerhouse in the coming decades.
