Centre weighs turnaround of PSU general insurers, options include merger, capital infusion

The Indian government is considering measures to turn around public sector general insurers facing financial difficulties. The proposed plan includes capital infusion, operational restructuring, and strategic initiatives to improve efficiency and profitability. The government aims to strengthen these insurers' financial health and ensure their long-term sustainability. This move reflects the broader efforts to enhance the performance of public sector enterprises and maintain stability in the insurance sector.