Former Bihar MP Anand Mohan, who is serving a life sentence in the killing of Indian Administrative Service officer G Krishnaiah, is to be set free along with 26 others who have been lodged in different prisons of the state for more than 14 years.
In her first address to the joint sitting of Parliament as the Budget session began, she said 'Amrit Kaal', described by the government as the 25-year period culminating in the centenary of India's independence, is the time to build an India which is 'aatmanirbhar' (self reliant) and also fulfils its humanitarian obligations.
The Congress on Sunday gave a call to party leaders in poll-bound states to work with unity to ensure victory that will 'set the tone' for 2024 Lok Sabha polls even as it showed willingness to forge an alliance of 'like-minded' parties.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
Vote bank politics cannot be above protecting the sanctity of girls and women, he said virtually launching the campaign for the 2024 Lok Sabha election at Chaibasa, about 150 km from in Chaibasa.
The product, named Saral Suraksha Bima, will have a maximum sum assured of Rs 1 crore and minimum Rs 2.5 lakh.
As many as 11 newspersons have died of the infection in Odisha since the beginning of the pandemic, sources said.
The cover provided under the Centre's Pradhan Mantri Suraksha Bima Yojana, which is a vital safety net for them, ended almost a year back on May 31, 2020. Ever since, there hasn't been much progress on the higher insurance coverage of Rs 5 lakh promised under the newly launched Pradhan Mantri Matsya Sampada Yojana, reports Sanjeeb Mukherjee.
The insurance regulator wants the removal of the minimum entry capital requirement of Rs 100 crore for setting up an insurance business in a bid to facilitate the entry of multiple players such as standalone micro insurers and niche players. Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai), said it should be left to the regulator instead to decide what should be the entry fee for interested players, depending on the size of the business and operations. According to the current norms, insurers are required to have a minimum paid-up capital of Rs 100 crore.
The applicant must have an operational savings bank account.
Those without Aadhaar can still avail of the scheme after producing proof of applying for Aadhaar
Bharat Krishak Samaj demanded that the Pradhan Mantri Fasal Bima Yojana should be replaced with a new crop insurance and compensation scheme.
The SC agrees with the government's request for a year to show effective results of its pro-farmer schemes like Fasal Bima Yojana.
According to insurers, the premium is quite low, claims are very high.
Under the new IRDA regime, LIC has launched two new non-linked plans Bima Account I and Bima Account II. The plans guarantee minimum returns, transparent charges and provide risk cover.
Kerala has used the Centre's Rashtriya Swasthya Bima Yojana to the advantage of its government hospitals.
Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
Life Insurance Corporation on Wednesday said its Varishtha Pension Bima scheme will continue next year also, but the interest rate and other terms and conditions will be decided by the government.
The government on Monday said about 40 lakh artisans would be provided health insurance coverage under the Rajiv Gandhi Shilpi Swasthya Bima Yojna over a period of five years.
Finance Minister Arun Jaitley announced several reforms.
Under the scheme, all rural landless households will be provided life and disability insurance cover. On death due to accident and permanent disability due to accident, the family would get Rs 75,000. In case of partial disability due to accident, the insurance cover would be Rs 37,500.The premium to be charged under the scheme is Rs 200 per annum per member, of which 50 per cent will be contributed by the central government and remaining by state governments.
The vigilance department of the Insurance Regulatory and Development Authority is looking into such complaints in Rajiv Gandhi Shilpi Swasthya Bima Yojana, Weather Insurance Scheme, Shetkari Apghati Durghatana Bima Yojana and Panjikrut Kishan Durghatana Bima Yojana, according to a letter written by IRDA to Finance Ministry on its ongoing probe.
Modi will address the rally at village Nagla Chandrabhan in Mathura of Uttar Pradesh, which is Upadhyay's birth place.
'Akhilesh did politics like Rabi and Kharif crop which come once a year. Politics is not seasonal, you have to harvest your field all through the year and only then you get a good crop' Political analyst lists 12 reasons why Akhilesh Yadav lost the UP elections.
He advised banks to facilitate appropriate credit expansion.
Lack of awareness about the scheme, especially in villages, has created a situation where expectations are turning into disappointment.
Rashtriya Janata Dal president Lalu Prasad's 'samdhi' Chandrika Roy has been nominated by the Janata Dal- United from his traditional Parsa assembly seat, but name of the former Director General of Police Gupteshwar Pandey is missing from the list of 115 candidates released by the party on Wednesday.
The Central Board of Trustees of Employees Provident Fund Organisation on Tuesday approved a scheme allowing subscribers to withdraw up to 90 per cent of the accruals to invest in Varishtha Pension Bima Yojana.
The NDA government has asked states to enrol all MNREGA workers under the three newly-launched social security schemes.
On the International Women's Day, Prime Minister Narendra Modi on Sunday denounced crimes against women, saying "our heads hang in shame", and announced that the government is setting up 'One-Stop-Centres' besides a helpline for those facing violence, abuse or harassment.
The government has decided to extend health insurance cover to sections such as rickshaw pullers, rag pickers, mine workers, sanitation workers, and auto rickshaw and taxi drivers.
These schemes came into force from June 1.
The Brookings Institution, a think tank associated closely with the US administration, recently expressed keen interest in it.
The Budget will 'further reignite our growth engine, signalling the dawn of a prosperous future.'
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
Men don't have a uterus -- that's the universal truth. But in Bihar's Samastipur district, officials and doctors have, on paper, removed uteruses of more than a dozen men on paper to usurp the health insurance money provided under Rashtriya Swasthya Bima Yojna.