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HDFC ERGO Gen launches cover to protect  balance sheet of MFIs, FIs and banks against natural disasters

Over the past few years, rising natural calamities such as floods and cyclone, have impacted the livelihoods of people residing in these calamity-prone areas. Moreover, such calamities also severely impact the lending businesses in these areas. Business Kisht Suraksha aims to address these concerns by indemnifying against these climatic changes whilst also protecting financial institutions from rising NPAs occurring due to the impact of natural disasters, explained Anurag Rastogi, Chief Actuary & Chief Underwriting Officer, HDF ERGO General Insurance

Delhi among top three states with most contaminated sites, says Pollution Control Board

Odisha tops the list with 23 contaminated sites, followed by Uttar Pradesh (21) and Delhi (11).
According to the Union Environment Ministry, ‘Contaminated Sites’ are delineated areas in which the “constituents and characteristics of the toxic and hazardous substances, caused by humans, exist at levels and in conditions which pose existing or imminent threats to human health and the environment”.

Contaminated sites may include production areas, landfills, dumps, waste storage and treatment sites, mine tailings sites, spill sites, chemical waste handler and storage sites located in various land uses.

We are in the endgame of Covid-19 pandemic in India: Harsh Vardhan

“Unlike most other countries, we have a steady supply of Covid-19 vaccines that are safe with proven immunogenicity and efficacy. Based on the initial results, these Made in India vaccines have shown some of the lowest adverse events following immunization (AEFI) anywhere in the world,” he said.

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