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Economic Survey showcases development using satellite, geo-spatial images

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Policy, Technology

A new chapter, ‘Tracking Development through Satellite Images and Cartography’, demonstrates the use of satellite and geo-spatial images to gauge various economic phenomenon such as urbanisation, infrastructure, environmental impact and farming practices,...

Economic Survey: India lags behind global average in non-life penetration

by AIP Online Bureau | Jan 31, 2022 | Indian News, Life, Non-Life

As of 2020, the penetration for life insurance in India is 3.2 per cent and nonlife insurance penetration is 1 per cent New Delhi: Though, India is at par with international average in terms of insurance penetration for life insurance, the country  lags behind in...
Budget 2022-23: Widening Health Covers

Budget 2022-23: Widening Health Covers

by AIP Online Bureau | Jan 31, 2022 | Articles, Health, Non-Life, Pandemic, Workplace/Employee Benefits

Satish Gidugu, CEO, Medi Assist Healthcare Services There is a need to reduce the GST rates on insurance premiums, allow input credit on GST paid towards employee health insurance and eliminate perquisite tax on employee medical reimbursements The COVID-19 pandemic...

MCA Secy Rajesh Verma gets addl charge of DFS

by AIP Online Bureau | Jan 31, 2022 | Briefs, Workplace/Employee Benefits

The government has given Rajesh Verma, secretary, ministry of corporate affairs the additional charge of department of financial services(DFS) after Debasish Panda retired as the secretary, DFS on Monday. Panda has been heading the DFS since March...

LIC revises annuity rates for Jeevan Akshay and New Jeevan Shanti

by AIP Online Bureau | Jan 31, 2022 | Briefs, Life, Pension & Social Security

Life Insurance Corporation(LIC) has revised its annuity rates for Jeevan Akshay and New Jeevan Shanti with effect from 1st Feb 2022.The modified version of these plans with revised annuity rates shall be available for sale from 1st Feb .The annuity amount under both...

Investors’ wealth jumps over Rs 3.33 lakh cr as markets rally

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Vinod Nair, head of research at Geojit Financial Services, said taking positive cues from global markets and favourable takeaways from the Economic Survey report, the market rallied ahead of the Budget day Mumbai: Investors’ wealth on Monday gained over Rs 3.33...

Economic Survey: Climate finance will remain critical to successful climate action:

by AIP Online Bureau | Jan 31, 2022 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

According to the survey, India’s performance on the NITI Aayog SDG (Sustainable Development Goals) India Index has improved from an overall score of 60 in 2019-20 to 66 in 2020-21. It said the figures “show progress” in India’s journey towards...

Economic Survey:Health sector expenditure in 2021-22 projected to be 73 per cent higher than 2019-20

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Health, Indian News, Non-Life, Policy

The latest NFHS-5 shows that Total Fertility Rate (TFR), an average number of children per women, has further come down to 2 in 2019-21 from 2.2 in 2015-16. Sex ratio, number of females per 1000 males, in the total population has risen from 991 females in 2015-16...

Economic Survey: India needs infra investment of $1.4 trn to reach $5 tlr GDP by FY25

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Indian News, Policy

The Public Private Partnership Appraisal Committee (PPPAC) which is responsible for the appraisal of PPP projects has cleared 66 projects with a total project cost of Rs 1,37,218 crore from 2014-15 to 2020-21 New Delhi: In order to achieve USD 5 trillion GDP by...
Govt to spend Rs 64,000 crore under Pradhan Mantri Ayushman Bharat Health Infrastructure Mission: Prez

Govt to spend Rs 64,000 crore under Pradhan Mantri Ayushman Bharat Health Infrastructure Mission: Prez

by AIP Online Bureau | Jan 31, 2022 | Eco/Invest/Demography, Health, Indian News, Policy

President Ram Nath Kovind The small farmers of the country have also benefited from the new changes in the crop insurance scheme. More than Rs one lakh crore have been given as compensation to about eight crore farmers since these changes were introduced President Ram...
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