by AIP Online Bureau | Jun 13, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
Nitin Gadkari, union minister for Road Transport & Highways Though, the government and the IRDA have allowed the general insurers to launch Surety bonds since April 1, no insurers have been able to do it as there are lot of technical and legal gaps needs to be...
by AIP Online Bureau | May 1, 2022 | Indian News, Non-Life, Technology
Recently, Road Transport and Highways Minister Nitin Gadkari, who is known for his frank views, had said the companies found negligent will be penalized and a recall of all defective vehicles will be ordered after the expert panel submits its report. New Delhi: Amid...
by AIP Online Bureau | Apr 21, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy
“We have constituted an expert committee to enquire into these incidents and make recommendations on remedial steps. Based on the reports, we will issue necessary orders on the defaulting companies,” the road transport and highways minister Ntin Gadkari said New...
by AIP Online Bureau | Mar 30, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Technology
”Every year, we face five lakh accidents and 1.5 lakh deaths. For that reason, we are now taking a number of measures. Six airbags are now mandatory. We have taken a decision to make it mandatory for the economy models also,” Union Transport Minister Nitin...
by AIP Online Bureau | Mar 16, 2022 | Indian News, Non-Life, Risk Management
”The government is very sensitive about this issue. We will soon implement a Rs 7,500-crore plan with the support of the World Bank across the country. We have urged the World Bank to implement this programme across the country.We will soon get cabinet approval...
