<h1>Government Approves Stock Listing for Five Public Insurance Firms to Boost Transparency and Market Capital.</h1> The Cabinet Committee on Economic Affairs, led by the Prime Minister, approved the listing of five government-owned general insurance companies on stock exchanges. The companies are New India Assurance, United India Insurance, Oriental Insurance, National Insurance, and General Insurance Corporation of India. The government's shareholding will be reduced from 100% to 75% over time, adhering to SEBI and IRDAI regulations. This move aims to enhance transparency, corporate governance, and risk management, and enable these companies to raise capital from the market for expansion, reducing reliance on government funding. This aligns with the Finance Minister's 2016-17 budget announcement promoting public shareholding for accountability.