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Driverless taxi pods in consideration for Noida Airport connectivity
The accident rate in pod taxis is zero. There is no carbon emission as they are battery-operated. With pre-fabricated construction, the facility could be set up on the route in a period of two months. One taxi can have five to six passengers, so that makes it more viable than even buses which run with empty seats, Jewar legislator Dhirendra Singh
Need to step up funding for health sector: Health Minister Harsh Vardhan
The massive increase of 137 per cent in budgetary allocation for the sector will not only help strengthen our healthcare infrastructure, but also focus on areas of preventive health and holistic well-being, he said.
The total sum allocated to the sector of more than Rs 2.2 lakh crore will be of immense help to the country at this critical juncture in ensuring healthier lives of our citizens while at the same time opening up enormous growth and employment opportunities.
Govt proposes to hike in LIC’s authorised capital to Rs 25,000 cr
Currently, the paid-up capital of the life insurance company with over 29 crore policies is Rs 100 crore. Starting with an initial capital of Rs 5 crore in 1956, LIC has an asset base of Rs 31,96,214.81 crore.
The authorised share capital of LIC shall be Rs 25,000 crore divided into 2,500 crore shares of Rs 10 each, as per the amendments proposed in the Life Insurance Corporation Act, 1956.
The amendments proposed as part of Finance Bill 2021 will lead to the setting up of a board with independent directors in line with listing obligations.
According to one of the 27 proposed amendments, the central government will hold at least 75 per cent in LIC for the first five years post the IPO, and subsequently hold at least 51 per cent at all times after five years of the listing.
India records 18,327 new COVID-19 infections, active cases rise again
The 108 new fatalities include 53 from Maharashtra, 16 from Kerala, and 11 from Punjab.
The health ministry stressed that more than 70 percent of the deaths occurred due to comorbidities.
Nearly 15 lakh people were inoculated against coronavirus on March 5, the highest in a day so far, taking the total number of vaccine doses administered in the country to over 1.94 crores, official sources said on Saturday.
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