December 16, 2025
Sougata Ray’s opposing the introduction of The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025
Sir, under Rule 72(1) of the Rules of Procedure, I oppose the introduction of the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025. This is another example of Hindiisation of legislation in this country. You give the name of the Bill in such a manner that Hindi becomes the ‘introduction’, and then Government slogans are incorporated into the Bill. यह जो ‘सबकी बीमा, सबकी सरक्षा’ ह ु ै, यह सब गिनयमंट का स्िोगन है। यह नबि का िंग्िेज नहं होना चानहए Lastly, I want to say that in the insurance sector, we are actually working backwards. Pandit Jawaharlal Nehru nationalised the life insurance sector in 1956. Shrimati Indira Gandhi nationalised the general insurance sector in 1972. Now, we are moving in the reverse direction. Slowly, IRDA was set up in 1999, and now hundred per cent FDI in the insurance sector is being allowed. This is going to favour the corporates and not the common people and common insurers. The rural population is still outside the ambit of insurance. I think this is a superfluous Bill. This is a backward-looking Bill, and, that is why, I oppose its introduction
