<h1>Indian Government Approves Rs. 12,450 Crore Capital Infusion for Three Public Sector Insurance Companies to Boost Stability.</h1> The Union Cabinet, led by the Prime Minister, approved a capital infusion of Rs. 12,450 crore for three public sector general insurance companies: Oriental Insurance, National Insurance, and United India Insurance. An immediate release of Rs. 3,475 crore is planned, with the remaining Rs. 6,475 crore to follow. The authorized share capital will increase to Rs. 7,500 crore for National Insurance and Rs. 5,000 crore for the other two. The merger process has been halted, focusing instead on solvency and profitable growth. The infusion aims to enhance financial stability, meet economic insurance needs, and improve risk management.