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India coronavirus infections rise by 55,722, crosses 75-lakh mark

There are 7,72,055 active cases of coronavirus infection in the country which comprises 10.23 per cent of the total caseload,the data stated

The national recovery rate has improved to 88.26 per cent while the case fatality rate due COVID-19 stands at 1.52 per cent
The country’s cumulative positivity rate stands at 7.94 percent and is on a continuous decline, the ministry said in a statement.

FSSAI”s new food safety compliance platform to become operational across India from Nov

It said since 2011, its online FLRS (Food Licensing and Registration System) is the soul of the licensing ecosystem. It is operational in all states and 70 lakh licences/ registrations have been issued till date while over 40 lakh licensees/ registrants are actively transacting on it.

“FSSAI is launching its cloud based, upgraded new food safety compliance online platform called FoSCoS( URL – https://foscos.fssai.gov.in).

Insures should partner banks to issue Surety Bonds​​​​​​​:IRDAI Panel

Instead of Insurance industry handling alone, a mechanism is required wherein the banking sector and the insurance sector could collaborate for sharing of customer information since banks have more experience in managing these types of risks, suggested the panel..

To start with performance bonds / surety bonds can be issued limited to the projects of NHAIs only and not for all the contractors. The rate should be determined by a market agreement, suggested the panel

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