Category:

Non-Life

Cap on trade margin of 42 non-scheduled cancer drugs by NPPA led to up to 90 pc reduction in MRP: Mandaviya

“The total annual savings on account of revision of ceiling prices of medicines under the National List of Essential Medicines (NLEM), price control of anti-diabetic and cardiovascular, fixation of ceiling price of stents, knee implants and capping of TMR on anti-cancer are estimated to the tune of Rs 12,500 crore,” Mansukh Mandaviya,
Minister of Health & Family Welfare and Chemical and Fertilizers, said.

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1,016 claims settled till Aug 5 under PMGKP scheme for health workers fighting Covid: Govt

Pradhan Mantri Garib Kalyan Package (PMGKP): Insurance Scheme for Health Care Workers Fighting COVID-19 was launched on March 30, 2020 to provide comprehensive personal accident cover of Rs 50 lakh to 22.12 lakh health care providers including community health workers and private health workers who may have been in direct contact and care of Covid patients and may be at risk of being impacted by this.
The scheme is being implemented through an insurance policy from New India Assurance Company Limited, a public sector insurance company under Department of Financial Services, Ministry of Finance. Initially, the insurance policy had validity of 90 days which was extended twice and it finally ended on March 24, 2021 on the expiry of its validity.

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Will RBI joining NGFS help in climate finance?

The 22nd Financial Stability Report (FSR22) of the RBI had, about the “climate-related risk” that the value of financial assets/liabilities could be affected either by continuation in climate change (physical risks), or by an adjustment towards a low-carbon economy (transition risks). The manifestation of physical risks could lead to a sharp fall in asset prices and increase in uncertainty, it said.

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AIIB provides $125 million funding for Kerala’s climate adaptation and disaster resilience

An estimated 49.6 million people will benefit from the loan, part of a comprehensive $ 530-million package cofinanced by the Government of Kerala, the World Bank Group’s International Bank for Reconstruction and Development and the French Development Agency.

Two key government programs will benefit from the financial injection—the Rebuild Kerala Development Program and the State Health Mission—both of which aim to improve state governments’ institutional resilience.

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Automobile retail sales in fast lane in July as COVID restrictions ease across country

”With the entire country now open, July witnessed robust recovery in auto retails as demand across all categories remained high. Besides, the low base effect also continues to play its part,” Federation of Automobile Dealers Associations (FADA) President Vinkesh Gulati said in a statement
However, long waiting periods due to supply-side constraints continue to persist for the last few months and are becoming a cause of concern for original equipment manufacturers (OEMs), he added.

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