The Winter Session of Parliament begins on Monday and the government is planning to propose some major bills ranging from insurance to atomic energy, a Bloomberg report said citing a parliament document. PM Modi has set the goal of ‘Viksit Bharat‘ by 2047. To reach that milestone, the economy needs to grow closer to 8%, the report said. Many economists and global agencies believe this will be hard to achieve without major reforms.
And not to forget, India is also dealing with pressure of US trade measures, as President Donald Trump has imposed 50% tariffs on Indian products, which is among the highest tariffs implied worldwide. To boost spending at home and help the economy absorb the impact, Modi revised the goods and services tax in September.
Last week, the government also brought in updated labour laws which give companies more freedom to hire and let go of workers, adding to workplace safety, and wide social security benefits.
Here are the main bills expected to be taken up in the winter session of Parliament, scheduled from December 1 to December 19.
List of key bills expected in Winter Session of Parliament
Insurance Laws (Amendment Bill), 2025
- The government says this bill is meant to expand the insurance sector and help it grow faster, according to the Parliament document cited by Bloomberg.
- In the 2025–26 federal budget, the government suggested removing the current 74% limit on foreign investment in insurance companies. It also said that the rules for foreign investment would be checked and made easier to follow.
- Lifting the FDI cap is expected to bring in more money and international expertise, which could help increase insurance coverage in a country where many people still remain uninsured.
Insolvency and Bankruptcy Code
The aim of this bill is to basically speed up the insolvency cases and give creditors stronger protection. It also plans to make group and cross-border insolvency procedures easier and encourage settlements outside the courts. This will also set clearer rules for different types of creditors. With these changes, the government is hoping to build a quicker and more business-friendly insolvency system. If approved, the bill would help banks and other stakeholders recover their money faster by cutting down delays and tightening deadlines.
Securities Markets Code Bill
The securities markets code aims to bring together all the existing laws on securities contracts, depositories, government securities and SEBI under one framework. The goal of this bill is to simplify rules and make it easier for businesses to operate in the market.
Atomic Energy Bill, 2025
The bill plans to bring changes to India’s existing nuclear laws so that private companies can invest in the sector and help the country move faster away from fossil fuels. The changes would allow non-government firms to join nuclear power generation, supporting the state-run Nuclear Power Corp. of India Ltd., which aims to reach 100 gigawatts of nuclear capacity by 2047. The government is also likely to address equipment suppliers’ worries about current liability rules in case an accident happens.
Corporate Laws Amendment Bill, 2025
This bill plans to bring changes and update the Companies Act and the LLP Act so that regulatory gaps are addressed and compliance is simplified. This will eventually improve the ease of doing business in corporate India.
