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Economic Survey highlights urgent need for structured elderly care policies in India

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security, Workplace/Employee Benefits

Coupled with insights from a NITI Aayog position paper, the survey pointed out that the elderly care industry in India — currently valued at USD 7 billion (Rs 57,881 crore) — faces critical gaps in infrastructure, research and know-how for managing...

All airport operators to conduct third party audit of structural stability of buildings

by AIP Online Bureau | Jul 22, 2024 | Indian News, Non-Life, Policy, Regulation, Risk Management, Technology

“All the airport operators have also been directed to carry out a thorough evaluation of all civil, electrical and technical aspects of the building, including the design, specifications and workmanship of the roof sheeting structure before the onset of monsoon...

Crop insurance to see growth from 2024 onwards, govt tech push to boost sector: Economic Survey 2023-24

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Technology

“Agriculture premiums will likely rise from 2024 onwards, with an average real premium growth of 2.5 per cent over the medium term, supported by improvements in insurance infrastructure such as mobile applications and remote sensing for crop loss...

Capital markets becoming prominent in India’s growth story Eco Survey

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News

At present, there are over 9.5 crore retail investors and have nearly 10 per cent direct ownership of the market through its almost 2,500 listed companies “The significant increase in retail investors in the stock market calls for careful consideration. This is...

Financial sector outlook appears bright but needs tight vigil on vulnerabilities Eco Survey

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

“It also needs to provide insurance protection and retirement security to all citizens. The share of insurance and pension fund assets in GDP stands at 19 per cent and 5 per cent, respectively, in India, compared to a high of 52 per cent and 122 per cent in the...
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