<h1>Government expands social security insurance coverage, raises FDI cap in insurers to 100% to boost financial inclusion</h1> Government policy prioritizes financial inclusion through flagship social security schemes providing life, accident, health and crop insurance with specified coverage and capped premiums, open to all eligible citizens including SC, ST and OBC groups. The Union Budget announced an increase in permissible foreign direct investment in domestic insurers from 74% to 100%. Implementation measures include a nationwide enrollment campaign reaching 270,000 gram panchayats and urban local bodies, a central information portal for schemes, a network of approximately 1.6 million banking correspondents for last-mile delivery, and bank targets with periodic reviews to expand coverage and ensure affordable protection for vulnerable populations.