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HC expresses concern over steep increase in insurance policies premium for advocates
While the rates quoted by the New India Assurance Company (NIAC) in November and December, 2019 for providing group mediclaim insurance was Rs 8,500 per policy, the revised rate is Rs 22,945.1.
Similarly, the Life Insurance Corporation (LIC) had initially quoted a Rs-2,478 premium for providing group (term) life insurance for lawyers of up to 60 years of age. Now the average basic premium rate per policy is Rs 7,091.7.
Pandemic is an opportunity to focus on climate change and environment conservation:Govt official
Jan Dhan scheme completes six years, benefits 40.35 crore people
“Today, six years ago, the Pradhan Mantri Jan Dhan Yojana was launched with an ambitious aim of banking the unbanked. This initiative has been a game-changer, serving as the foundation for many poverty alleviation initiatives, benefitting crores of people,” the prime minister Narendra Modi tweeted.
In August, 2020, out of total 40.35 crore PMJDY accounts, 34.81 crore or 86.3 per cent were operative,.
The finance ministry said the endeavour is to ensure coverage of PMJDY account holders under micro insurance schemes and improving access of PMJDY account holders to micro-credit and micro-investment such as flexi-recurring deposit etc.
COVID-19 tally in India climbs to 33,87,500
The death toll climbed to 61,529 with 1,057 people succumbing to the diseases in a span of 24 hours, the data updated at 8 am showed.
The recovery rate was recorded at 76.28 per cent, while the COVID-19 case fatality rate has further declined to 1.82 per cent.
There are 7,42,023 active cases of coronavirus infection in the country which comprises 21.90 per cent of the total caseload, the data stated.
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