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Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud

Govt deactivates 2.5 crore Aadhaar IDs of deceased to avoid fraud

by AIP Online Bureau | Feb 4, 2026 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

Jitin Prasada,Union Minister of State for Electronics and Information Technology The primary motivation for this purge is to close any loopholes that could enable the misuse of personal identities. According to the statement by the Ministry of Electronics & IT,...
Govt mulls allowing 49% FDI in PSU banks

Govt mulls allowing 49% FDI in PSU banks

by AIP Online Bureau | Feb 2, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation

M. Nagaraju, secretary, Department of Financial Services Foreign ownership in State Bank of India – the country’s largest lender – and 11 other state-owned banks is capped at 20%, a legacy restriction rooted in the government’s desire to retain strategic...
Centre releases 2nd white paper on strengthening AI governance

Centre releases 2nd white paper on strengthening AI governance

by AIP Online Bureau | Jan 24, 2026 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

The White Paper, released by the Office of the Principal Scientific Adviser to the Government, emphasises the contours of a “techno-legal” AI governance framework that aims to mitigate risks while preserving flexibility and innovation. New Delhi: The...
Govt approves wage and pension revision for PSU general insurance industry

Govt approves wage and pension revision for PSU general insurance industry

by AIP Online Bureau | Jan 23, 2026 | Indian News, Non-Life, Policy

The wage revision for the employees of PSGICs will be effective from 01.08.2022. The overall hike in wage bill shall be 12.41% with an increase of 14% on existing Basic pay and Dearness allowance. A total of 43,247 PSGIC employees will benefit from this revision. The...
SC delivers split verdict on Section 17A of PC Act mandating sanction to probe govt servants

SC delivers split verdict on Section 17A of PC Act mandating sanction to probe govt servants

by AIP Online Bureau | Jan 13, 2026 | Indian News, Policy

Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority. New...
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