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Odisha govt reassures public amid confusion over Biju Swasthya Kalyan Yojana continuity
The confusion stems from the BJP's announcement to implement the...
Consumer forum directs LIC to pay Rs 2 lakh claim to widow of policyholder
In an order passed last month, the District Consumer Disputes...
Not worried about budget deficit as spending up to support economy: FM
“As regards the coming year, we need to do an assessment,” she said ahead of the next fiscal year’s budget due Feb. 1. “I’m not sure that I can immediately curtail expenditure. It will have to be a careful balance because the momentum that the economy gains should be sustained.”
India last month expanded stimulus measures to 15% of the economy to rescue companies and save jobs in an economy clobbered by a sudden lockdown in March to stem the coronavirus pandemic. That could widen the budget gap to 8% of gross domestic product in the year to March, more the double the budgeted 3.5%.
Ambani hints at 5G rollout in second half of 2021
5G is the 5th generation mobile network that enables connecting virtually everyone and everything together including machines, objects, and devices.
“We are creating compelling home-grown solutions in education, healthcare, agriculture, infrastructure, financial services and new commerce,” Mukesh Ambani said. “Each of these solutions, once proven in India, will be offered to the rest of the world to address global challenges.”
PM says mobile technology to be used for COVID-19 vaccination drive
“It is also with the help of mobile technology that we will embark on one of the world’s largest COVID-19 vaccination drive,” he said.
He did not provide details.
ADB’s $300 mn funding to strengthen India’s primary health care in urban areas
The ADB’s Strengthening Comprehensive Primary Health Care in Urban Areas Programme will support the Ayushman Bharat (the Healthy India Initiative) Health and Wellness Centres (AB-HWC) and PM-ASBY to ensure equitable access to quality comprehensive primary health care services in urban areas in 13 states.
The programme will benefit an estimated 256 million urban residents, including 51 million from the slum areas of Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Haryana, Jharkhand, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Telangana and West Bengal.
Officer unions demand to include bankers as frontline Covid warriors for vaccination
In a letter written to Finance Minister Nirmala Sitharaman, unions said the government is expecting at least two vaccines against Covid-19, Bharat Biotech’s Covaxin and Oxford’s Covishield, to be available possibly in January 2021; and there is a plan to inoculate the frontline Covid warriors including those working in healthcare, police, sanitary workers, etc.
Bankers have been providing yeoman service ever since the announcement of lockdown and have continued to provide required banking services, it said, adding bankers have been instrumental in keeping the wheels of the economy moving despite hazards and constraints.
Centre sends countrywide advisory for ‘Bharat Bandh’
In a countrywide advisory, the Union Home Ministry also said the state governments and UT administrations must ensure that the Covid-19 guidelines issued with regard to health and social distancing are strictly followed.
Country will not have to wait too long for COVID-19 Vaccine:PM Modi
“However, there should be no laxity from our side as far as prevention of the infection is concerned. Masks and a distance of two yards is very necessary,” Modi said.
ICICI Lombard and PLUM to provide technologically powered group health insurance products
Abhishek Poddar, Co-founder & CEO of Plum added, “The group insurance health market in India is projected to grow to Rs 100,000 crores by 2025, and will see the rise of innovative insurance products not available in advanced markets. ”
Covid 19 Pandemic to hit life insurers’ investment income,ULIP and Pension and Annuity business:LIC Chief
TR Alamelu, member, IRDAI explained that that the solution to the issue of under-insurance in the country does not lie in mandating insurance because a stage has been reached where insurance should be a product on “demand” and It cannot be forced upon consumers by the industry or other stakeholders.
Serum likely to supply COVID-19 vaccine at over $3 a dose to Indian government
The government is pinning its hopes for mass supply on Serum Institute, which lodged the first formal application for emergency-use approval of AstraZeneca’s shot on Monday.
Chief Executive Officer Adar Poonawalla had earlier said the vaccine would be priced at 1,000 rupees ($13.55) per dose in India’s private market, but governments signing large supply deals would likely buy it at lower prices.