PRS Legislative Research released its Monthly Policy Review for November 2025, providing a comprehensive overview of the legislative agenda for the then-upcoming Winter Session of Parliament. The Winter Session was held from December 1 to 19, 2025, offering a crucial three-week window for enacting significant legislative reforms.

The review highlights ten key bills on the Parliament's agenda for the Winter Session. Among the most significant are: the Securities Markets Code, which aims to consolidate and modernise India's fragmented securities laws; the Insurance (Amendment) Bill proposing to raise the Foreign Direct Investment (FDI) limit in insurance to 100%, up from the current 74%; and the Higher Education Commission of India (HECI) Bill, which seeks to replace the University Grants Commission (UGC) with a broader regulatory body.

Other notable legislation includes a bill permitting private sector participation in India's atomic energy ecosystem — a historically protected domain of the public sector — and the National Highways Amendment Bill aimed at streamlining highway project approvals and land acquisition. These bills collectively signal the government's intent to liberalise key sectors and modernise regulatory architecture.

The PRS review also notes that the Insolvency and Bankruptcy Code (IBC) Amendment Bill remains pending from previous sessions, with stakeholders watching closely for its inclusion in the Winter Session agenda. The IBC amendment is intended to address resolution timeline gaps and creditor rights in stressed asset cases.

PRS Legislative Research plays a vital role in Indian parliamentary democracy by providing independent, non-partisan analysis of legislative developments. Its monthly reviews are widely used by policymakers, civil society, academics, and aspirants preparing for competitive examinations.