Home / Nation / FM Arun Jaitley to introduce Insurance Laws (Amendment) Bill in Lok Sabha today

FM Arun Jaitley to introduce Insurance Laws (Amendment) Bill in Lok Sabha today

New Delhi(PTI): Finance Minister Arun Jaitley on Tuesday will be introducing the Insurance Laws (Amendment) Bill-2015 in the Lok Sabha.

The bill will replace the Insurance Act of 1938, General Insurance Business (Nationalisation) Act, 1972 and the Insurance Regulatory and Development Authority Act, 1999.

The Minister is also expected to place an explanatory statement showing reasons for the immediate legislation by promulgation of the Insurance Laws (Amendment) Ordinance, 2014.

Check Also

Interpol has rejected India’s request of a Red Corner Notice against Dr Zakir Naik and has also deleted all data

LONDON: Interpol has rejected India’s request of a Red Corner Notice against Dr Zakir Naik and …

I bless Rahul Ji for taking charge as Congress President: Sonia Gandhi

Rahul Gandhi will take over the reins of the Congress party on Saturday. This marks …