According to an office memorandum dated November 26, 2024, it is...
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DFS secy asks 4 PSU general insurers to bring down their underwriting losses and guard market share
M Nagaraju, after becoming the DFS secretary, held his first review...
Railways paid only 22 claims under Optional Travel Insurance Scheme in five years
Responding to questions regarding the number of victims who had...
Govt plans to complete LIC IPO this fiscal: Karad
”The Initial Public Offer (IPO) of the Life Insurance Corporation of India (LIC) is planned to be completed during the year,” Karad said in a written reply to the Lok Sabha.
India needs Pandemic Pool to manage risks on long-term basis: CII
”This is the opportune time for India to have the first-mover advantage in the creation of the pandemic pool with a two-pronged strategy of going beyond the insurers and the government by inviting international reinsurers to supplement capital contribution for the pool and to incentivize state governments to participate with additional supplementary capital for greater protection to their denizens,” it added.
CAG pulls up Assam govt on pension scheme for families of deceased staff
”Instead of correcting these deficiencies, the state government introduced the Compassionate Family Pension(CFP) scheme which has ‘entitlement features’ and hence is not in keeping with the well laid legal principles, regarding compassionate appointments by the state,” the report said.
Wide-ranging reforms make India attractive destination for investment: FM
She also mentioned this year’s budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.
NCGTC issues guidelines for Rs 50,000-cr credit guarantee scheme for medical infra
As per the guidelines, a credit guarantee of 50 per cent to all brownfield projects and 75 per cent to greenfield projects in the healthcare sector at centres other than 8 municipal areas would be available. The excluded metros from the scheme are Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune.
For the aspirational districts, the guarantee cover for both brownfield expansion and greenfield projects shall be 75 per cent, it said.
Govt to procure 660 mn more doses of Covishield, Covaxin at revised rates
According to the revised guidelines which came into effect from June 21, vaccine doses provided free of cost by the Centre will be allocated to states/UTs based on criteria such as population, disease burden and the progress of vaccination, and all above the age of 18 will be eligible for the free jabs.
Any wastage of vaccine will affect the allocation negatively.
World leaders pledge to redouble pandemic fight at special APEC meeting
“The pandemic continues to have a devastating impact on our region’s people and economies,” the leaders said in a joint statement issued after a virtual meeting chaired by New Zealand.
“We will only overcome this health emergency by accelerating equitable access to safe, effective, quality-assured, and affordable COVID-19 vaccines,” they said.There have been over 50 million cases of COVID-19 within APEC’s borders, with over 1 million deaths. APEC-wide GDP contracted by 1.9% in 2020.
Welfare fraud and errors cost UK a record 8 bln pounds during pandemic
The government had to deal with an increased risk from organised crime since the start of the pandemic, the NAO said. Fraudsters hijacked people’s identities in order to make fictitious claims with payments routed into bank accounts they could access, the watchdog said.
Vice prez stresses on importance of enforcing ”polluter pays” principle
“From panchayat to Parliament, all stakeholders must act proactively in protecting the environment,” Vice President M Venkaiah Naidu said.
Highlighting recent disasters such as the flash floods in Himachal Pradesh, landslides in Uttarakhand and heat waves in Canada and the United States, he said these are instances of increasing frequency of extreme weather events due to global warming and climate change.
He stressed on the need to act stringently with violators of pollution laws and consider strict enforcement of the ”polluter pays” principle, the statement said.
No negligence of normal vaccination programme for children due to COVID-19 disruptions: Govt
.“These reports are not based on facts and do not reflect the true picture and the Ministry along with all States and UTs and development partners, have worked towards mitigating negative impacts of COVID-19 and taking urgent actions to ensure that children receive life-saving vaccines under UIP,” said the ministry on Friday.