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States reverting to old pension scheme fiscally unsustainable: RBI paper

by AIP Online Bureau | Sep 18, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

The immediate gain for states shifting back to the OPS is that they will not have to spend on the NPS contribution of the current employees, but in the future, the unfunded OPS is likely to exert “severe pressures” on their finances, it said. Mumbai:...

Centre writes to States/UT over rising COVID cases; stresses on five-fold strategy

by AIP Online Bureau | Aug 6, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

The letters were sent to the State Health Secretaries of Delhi, Kerala, Karnataka, Maharashtra, Odisha, Tamil Nadu and Telangana on reporting a high number of COVID cases and positivity rate New Delhi: The Centre on Saturday wrote to six states and the Union Territory...

90pc states publish draft rules on 4 labour codes, implementation imminent says Bhupender Yadav

by AIP Online Bureau | Apr 27, 2022 | Eco/Invest/Demography, Indian News, Workplace/Employee Benefits

The minister also said that the government is working to provide social security to the entire workforce in the country and that is why e-Shram portal or national database of informal workers is being created He informed that as many as 28 crore informal workers are...

Most states haven’t enhanced health budget share to over 8 pc: Parliamentary panel

by AIP Online Bureau | Mar 24, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

The Department Related Parliamentary Standing Committee on Health and Family Welfare, in its report tabled in Parliament on Thursday, recommended that all the states and Union territories should emulate Delhi and Puducherry and increase the share of health spending in...

More states report Omicorn cases, total no hit 38 in India

by AIP Online Bureau | Dec 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic, Policy

Omicron has been detected in Maharashtra (18), Rajasthan (9), Karnataka (3), Karnataka (3), Kerala (1) and Andhra Pradesh (1) and Union Territories of Delhi (2) and Chandigarh (1). Kerala, Andhra Pradesh and Chandigarh reported their first Omicron case on Sunday,...
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