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Senior citizens can cancel gift deed if their children fail to take care of them: HC

Senior citizens can cancel gift deed if their children fail to take care of them: HC

by AIP Online Bureau | Mar 19, 2025 | Indian News, Policy, Wealth Management/ Philanthropy

The bench said section 23 of the Maintenance and Welfare of Parents and Senior Citizens Act, 2007 was designed to protect senior citizens in situations, where they transfer their property, either through a gift or settlement, with the expectation that the transferee...

1.10 lakh hospital admissions worth over Rs 200 crore authorised for sr citizens: RS told

by AIP Online Bureau | Feb 12, 2025 | Data, Eco/Invest/Demography, Health, Policy, Technology

On October 29, 2024, the Centre expanded Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) to provide free treatment benefits of up to Rs 5 lakh per year to 6 crore senior citizens belonging to 4.5 crore families, irrespective of their socio-economic status...
Irdai caps health insurance premium hikes for senior citizens at 10 pc per annum

Irdai caps health insurance premium hikes for senior citizens at 10 pc per annum

by AIP Online Bureau | Jan 30, 2025 | Health, Indian News, Non-Life, Regulation

Irdai further said insurers will have to undertake prior consultation with it if the increase proposed in the premium for senior citizens is more than 10 per cent per annum. Hyderabad: Insurance regulator Irdai on Thursday directed insurers not to increase health...
Govt to soon come up with new policy for elderly

Govt to soon come up with new policy for elderly

by AIP Online Bureau | Nov 14, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

Rajit Mehta, Chairman, ASLI and MD & CEO, Antara Senior Care, said, “With the senior population in India projected to surpass 300 million by 2050, making up nearly 20 per cent of the total population, the demand for comprehensive senior CARE solutions is set...

Over 5 lakh elderly above 70 enroll for Ayushman cards; highest from MP, Kerala

by AIP Online Bureau | Nov 13, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

Madhya Pradesh had the highest number of applications for enrollment (1.66 lakh) followed by Kerala (1.28 lakh), Uttar Pradesh (69,044), and Gujarat (25,491) New Delhi: More than five lakh senior citizens who are 70 and above have been enrolled for Ayushman cards...
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