Prime Minister Narendra Modi’s government is preparing a broad legislative push for the upcoming winter session of parliament, with around a dozen new bills slated for introduction or passage from 1 December, according to a parliamentary document seen by EnterpriseAM. The government is looking to make it easier to do business and to attract foreign investment to key sectors.

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What’s on the table?

  • Amendments to the ins. laws to eliminate the 74% foreign-investment cap and allow 100% FDI. The bill is intended to deepen ins. uptake and improve ease of doing business in the sector through simplified rules.
  • Changes to the insolvency and bankruptcy code aim to speed cases through the system; strengthen creditor rights; streamline cross-border and group insolvencies; and promote out-of-court settlements. The amendment has been referred to a select committee for detailed examination before passage.
  • Creation of a new securities markets code to consolidate multiple capital-market laws. The unified code is designed to remove overlaps across existing statutes and simplify regulatory compliance.
  • And an updated atomic energy law that would allow private participation in nuclear power and address supplier liability issues. The bill is listed for introduction and passage to modernize the framework governing India’s civil nuclear energy program.
  • Amendment to national highways law to accelerate and enhance the transparency of land acquisition for national highway projects.
  • Amendments to corporate laws including the Companies Act and the LLP Act.

Macroeconomic backdrop: The reform push follows a September GST overhaul aimed at strengthening domestic demand, as well as the rollout last week of new labor laws that expand hiring flexibility, tighten workplace safety rules, and broaden social-security coverage.

Trade environment: India is also navigating the impact of the 50% US tariffs imposed under President Donald Trump. The recent policy moves are part of the government’s effort to help the economy absorb the effect of these duties.

The timeline: Parliament will meet from 1-19 December, during which the government is expected to prioritize the ins., insolvency, atomic-energy, and securities-market bills as part of its wider reform push.

Our take: The long-delayed labor code rollout suggests that the Modi government may now feel politically secure enough to advance business-friendly reforms following its stronger-than-expected performance in recent state elections. Several major economic reforms had been slowed or deferred during Modi’s second term, particularly after the 2020-21 farm law protests led to a rollback and increased political sensitivity about reforms.

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