India’s government plans to introduce “a dozen major bills” in the upcoming winter session of parliament to boost investment in the country and accelerate reforms, according to a Bloomberg report.
Citing a document with parliament, the report added that major laws to be introduced in the upcoming session include the atomic energy and insurance laws.
This comes on the back of the government last week introducing four new labor codes that will overhaul India’s existing labor laws to extend labor and social benefits to workers in India. And the Goods and Services Tax (GST) overhaul in September.
When does the winter session of parliament start?
This year, the winter session of the parliament will be held from December 1 to 19.
What are the reforms aimed at?
The report added that the bills to be introduced and discussed by the Prime Minister Narendra Modi-led government in Parliament during the winter session are aimed at ease of doing business.
PM Modi wants to achieve the ‘Viksit Bharat’ target by 2047, which calls for the world’s fourth largest economy to grow at 8%. However, this is a number that many multilateral institutions and economists believe would be difficult to achieve without key reforms.
Notably, the Indian economy is also facing pressure from United States President Donald Trump’s 50% tariffs (25% reciprocal, 25% “punishment” for buying Russian oil) on all Indian imports into the US. The rate is among the highest that the US imposes on most countries.
The median estimate in a Bloomberg survey of economists was that India’s economy should grow 7.3% in the three months to September. Data is due on November 28, 2025.
Atomic Energy Bill, 2025
- Reforms are also expected in India’s nuclear energy laws to attract private investment in the sector and improve the rate of shift away from coal and fossil fuels.
- The proposed reforms would allow non-governmental entities to jointly operate nuclear power plants with the Nuclear Power Corp. of India. This comes as India aims to achieve 100 GW of nuclear power by 2047.
- The amendments will also aim to alleviate equipment suppliers’ concerns about existing accident liability provisions.
The Securities Markets Act, 2025
- The Securities Markets Code seeks to consolidate existing acts relating to securities contracts, depositories, government securities and the Securities and Exchange Board of India (SEBI) in a bid to facilitate ease of doing business, the report said.
(With inputs from Bloomberg)
