The General Insurance Business (Nationalisation) Amendment Bill, 2021 was passed by the Rajya Sabha on August 11 amid major Opposition protests. The Lok Sabha had already passed it on August 3.
What is the bill all about?
The General Insurance Amendment Bill aims to push greater private participation in the public sector insurers.
The bill seeks to remove the requirement that the Centre should hold not less than 51 per cent of the equity capital in such insu ..
The bill seeks to remove the requirement that the Centre should hold not less than 51 per cent of the equity capital in such insu ..