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Economic Survey: More people now opt for a pension of Rs1000 per month

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Pension & Social Security

As on September 2021, around 78 per cent subscribers have opted for Rs 1000 per month pension amount, as compared to 38 per cent subscribers as on March 2016 The share of subscribers opting for Rs 2000/`Rs 3000/Rs 4000 per month pension is 8 per cent, while 14 per...

Economic Survey showcases development using satellite, geo-spatial images

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

A new chapter, ‘Tracking Development through Satellite Images and Cartography’, demonstrates the use of satellite and geo-spatial images to gauge various economic phenomenon such as urbanisation, infrastructure, environmental impact and farming practices,...

Economic Survey: India lags behind global average in non-life penetration

by AIP Online Bureau | Jan 31, 2022 | Indian News, Life, Non-Life

As of 2020, the penetration for life insurance in India is 3.2 per cent and nonlife insurance penetration is 1 per cent New Delhi: Though, India is at par with international average in terms of insurance penetration for life insurance, the country  lags behind in...
Budget 2022-23: Widening Health Covers

Budget 2022-23: Widening Health Covers

by AIP Online Bureau | Jan 31, 2022 | Articles, Health, Non-Life, Pandemic, Workplace/Employee Benefits

Satish Gidugu, CEO, Medi Assist Healthcare Services There is a need to reduce the GST rates on insurance premiums, allow input credit on GST paid towards employee health insurance and eliminate perquisite tax on employee medical reimbursements The COVID-19 pandemic...

MCA Secy Rajesh Verma gets addl charge of DFS

by AIP Online Bureau | Jan 31, 2022 | Briefs, Workplace/Employee Benefits

The government has given Rajesh Verma, secretary, ministry of corporate affairs the additional charge of department of financial services(DFS) after Debasish Panda retired as the secretary, DFS on Monday. Panda has been heading the DFS since March...
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