The Insurance Regulatory and Development Authority of India (Irdai) has committed to drafting new regulations and revising existing ones under the Sabka Bima, Sabki Raksha (Amendment of Insurance Laws) Act, 2025, within a six-month timeframe following the Act's implementation. The Act was officially notified on December 21, 2025, and became effective on February 5, 2026. In its recent 134th authority meeting, Irdai outlined the necessity of completing the regulatory framework by August 5, 2026. This initiative aims to enhance the insurance sector's regulatory landscape in India, reflecting the government's commitment to comprehensive insurance coverage. Furthermore, Irdai has approved proposals to draft and publish these regulations for stakeholder consultation, ensuring that various industry voices are heard before finalizing the regulations. This process is in line with the regulatory mechanisms established during the 119th authority meeting held on July 26, 2022. The proposed regulations will be made available for public consultation, allowing for broader input and transparency in the regulatory process.