Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec51772491f-trace').style.display = (document.getElementById('cakeErr67ec51772491f-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67ec51772491f-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec51772491f-code').style.display = (document.getElementById('cakeErr67ec51772491f-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67ec51772491f-context').style.display = (document.getElementById('cakeErr67ec51772491f-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67ec51772491f-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67ec51772491f-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 64793, 'title' => 'Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'subheading' => null, 'description' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p> <p>Mint</p> <p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> &nbsp; &nbsp;</p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 64793, 'metaTitle' => 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'metaKeywords' => 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance', 'metaDesc' => 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...', 'disp' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br />&nbsp; &nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 64793, 'title' => 'Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'subheading' => null, 'description' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p> <p>Mint</p> <p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> &nbsp; &nbsp;</p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 64793 $metaTitle = 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan' $metaKeywords = 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance' $metaDesc = 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...' $disp = '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br />&nbsp; &nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan | Im4change.org</title> <meta name="description" content="The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Bill to reform insurance sector may come in monsoon session - Subhash Narayan</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br /> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> &nbsp; &nbsp;</p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 64793, 'metaTitle' => 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'metaKeywords' => 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance', 'metaDesc' => 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...', 'disp' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br />&nbsp; &nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 64793, 'title' => 'Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'subheading' => null, 'description' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p> <p>Mint</p> <p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> &nbsp; &nbsp;</p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 64793 $metaTitle = 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan' $metaKeywords = 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance' $metaDesc = 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...' $disp = '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br />&nbsp; &nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan | Im4change.org</title> <meta name="description" content="The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Bill to reform insurance sector may come in monsoon session - Subhash Narayan</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br /> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> &nbsp; &nbsp;</p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 64793 $metaTitle = 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan' $metaKeywords = 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance' $metaDesc = 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...' $disp = '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>&ldquo;The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted,&quot; said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various &ldquo;non-serious&quot; and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br />&nbsp; &nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan | Im4change.org</title> <meta name="description" content="The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br /> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p> <p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> </p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 64793, 'metaTitle' => 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan', 'metaKeywords' => 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance', 'metaDesc' => 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...', 'disp' => '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. 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According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p> <p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p> <p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. 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These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p> <p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p> <p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /> <br /> </p> ', 'credit_writer' => 'Subhash Narayan, Livemint, 10 February, 2023, https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'bill-to-reform-insurance-sector-may-come-in-monsoon-session-subhash-narayan', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {}, (int) 5 => object(Cake\ORM\Entity) {}, (int) 6 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 64793 $metaTitle = 'LATEST NEWS UPDATES | Bill to reform insurance sector may come in monsoon session - Subhash Narayan' $metaKeywords = 'Insurance,Indian Economy,Corporates,Life Insurance,Economic Reforms,Insurance Reforms,General Insurance' $metaDesc = 'The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a...' $disp = '<p><em>The draft bill allows insurance companies the freedom to sell different financial products</em></p><p>Mint</p><p>The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament.</p><p>“The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time.</p><p>However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided.</p><p>Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted.</p><p>The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market.</p><p>Please <a href="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html" title="https://www.livemint.com/news/india/bill-to-reform-insurance-sector-may-come-in-monsoon-session-11675962819752.html">click here</a> to read more<br /><br /> </p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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Bill to reform insurance sector may come in monsoon session - Subhash Narayan |
The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be completed by the end of March before the final version is presented for cabinet approval, followed by its introduction and passage in Parliament. “The Bill is almost ready but the industry wants certain clarifications and changes in some of the provisions. We were expecting it to get Parliamentary approval in the Budget session itself but a need is felt to discuss the provisions of the Bill threadbare considering inputs from stakeholders so that a progressive and growth-oriented legislation is drafted," said one of the people quoted above. Queries to the finance ministry remained unanswered till press time. However, an official said anonymously that insurance sector reforms were top of the government agenda and that a progressive, forward-looking legislation is on its way. The government is not looking at intruding into the independence of general and life insurance councils and the insurance law is thus unlikely to change the composition of councils by including a government representative. The person said the industry wanted wider representation in the councils and if the changes impact autonomy, it should be avoided. Among other things, the draft bill also allows insurance companies the freedom to sell different financial products, just like banks. These could include products such as mutual funds, but clarity on this would emerge once rules governing the amended legislation are drafted. The bill has divided the industry, with certain sections favouring the move as progressive, while others, including state-run general insurance companies, opposing such licences for insurers, which they feel can further fragment the market and allow entry of various “non-serious" and financially weaker players into the vast Indian insurance market. Please click here to read more |