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Odisha refuses to implement Modicare, BJP says move to ‘hijack’ Centre’s scheme

As such, the state government would have to spend an estimated Rs 500 crore per annum for the Ayushman Bharat Programme as its 40 per cent share in the central scheme, he said. “It may cost a little higher to the state in case of implementing its own scheme. But, the state will not be forced to sign an MoU or follow the Centre’s guidelines,” an official at the health department said. 

IRDAI forms high-level panel to review regulations on Insurance Marketing Firm

The panel will recommend guidelines by July 31 on the areas on which the existing regulations are silent and ways to further strengthen the channel by taking up the products which fall under the jurisdiction of other financial sector regulators, including creating avenues for discussions with the other regulators, said Sujay Banarj, member(Distribution), IRDAI

Govt mulls raising pension limit to up to Rs 10,000/month under APY

“Currently, we have five slabs of pension from Rs 1,000-5000 per month. There have been a lot of feedback from the market asking for higher pension amounts because many people feel that Rs 5,000 at the age of 60 years, 20-30 years from now, will not be sufficient.We have placed this proposal with the government that it should be increased to up to Rs 10,000,” Contractor said.