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`Insurance Bill, 2023′: Govt drops major reform plans for Indian insurance sector

`Insurance Bill, 2023′: Govt drops major reform plans for Indian insurance sector

by AIP Online Bureau | Jun 26, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Policy, Reinsurance

In a surprising development, The Insurance Bill, 2023,’ drafted by the department of financial services(DFS) and now may be ready to be presented in the monsoon session of the Parliament, has no mention of any proposals relating to much talked about new systems like...

Indian government likely to offer assured pensions to its employees

by AIP Online Bureau | Jun 21, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

Government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current market-linked pension The current National Pension Scheme requires employees to contribute 10% of their basic salary and the government 14%. The...

Govt bans 14 fixed dose combination drugs, cites they may involve risk to people

by AIP Online Bureau | Jun 4, 2023 | Health, Indian News, Policy, Regulation

The banned drugs included those used for treating common infections, cough, and fever — combinations such as Nimesulide + Paracetamol dispersible tablets, Chlorpheniramine Maleate + Codeine Syrup, Pholcodine +Promethazine, Amoxicillin + Bromhexine and Bromhexine...

Govt likely to announce retail trade policy, accident insurance scheme for GST-registered traders soon

by AIP Online Bureau | Apr 23, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy

India is the world’s fifth-largest global destination in the retail space. The commerce and industry ministry along with the department of financial services is also working on framing an insurance scheme for all the GST-registered retail traders New Delhi: The...

Rise in Covid cases: Govt planning nationwide drill to take stock of hospital preparedness on April 10, 11

by AIP Online Bureau | Mar 26, 2023 | Indian News, Non-Life, Pandemic

The states and UTs have been asked too keep a close watch on the evolving etiologies (causes of diseases) of Influenza Like Illness (ILI) and Severe Acute Respiratory Illness (SARI) cases, adding India usually sees a seasonal rise in Influenza cases from January to...
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