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Integrating ESG aspects in financial sector to benefit all stakeholders:E&Y report
Chaitanya Kalia, Partner and National Leader of Climate Change and Sustainability Services (CCaSS) at EY India, said the COVID-19 pandemic has ascertained the importance of ESG in businesses to manage risks, improve returns and build resilience for a crisis-resilient long-term value creation. ”As we look at the financial sector from the ESG lens, investors need to evaluate environmental and social issues that have a profound and direct role in the economic revival,” Kalia added.
Economic impact of coronavirus could be painfully long for Indian women
A tiny elite of urban, educated women has benefited from the shift to remote work under lockdown: A recent study released by LinkedIn, based on internal data for India, found women’s participation in the labor force actually increased by 7% between April and July. But this only applies to jobs in the formal, white-collar, urban economy — a tiny fraction of the labor market. For most Indian women, the situation is deeply worrying.
Ombudsman directs Bajaj General Insurance to pay full hospitalisation expenses for Covid treatment
After scrutinizing the documents produced on record coupled with the depositions of both the parties, Miland Kharat, Ombudsman, Mumbai & Goa observed that the policyholder has taken treatment in the insurer’s network hospital. However, it appeared that the hospital has not adhered to Preferred Provider Networ (PPN) rates and has overcharged the patient in violation of their agreement with the Bajaj Allianz General Insurance .
“Nevertheless, it would not be fair to penalise the policyholder for the same as he has genuinely incurred the expenses and has paid the charges as billed by the hospital. The policyholder is entitled to be reimbursed the entire hospitalization expenses barring non-medical items and the Bajaj Allianz General insurance may seek refund of the amount billed in excess of agreed rates directly from the hospital.” he directed.
IMA moves SC on allowing Ayurvedic docs to perform surgeries
The central government had allowed PG students of Ayurveda to perform various kinds of general surgery and medical procedures, including orthopaedic, ophthalmology, ENT and dental, by notifying an amendment in a gazette notification the CCIM issued in November.
The latest amendment allows PG Ayurveda students to receive formal training for such procedures. The training modules for surgical procedures will be added to the curriculum of Ayurvedic studies.
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