-Vikalp.ind.in Ministry of Labour & Employment, Govt. of India has amalgamated all the existing social security legislations into a Code. The proposed draft Code on Social Security is presently being referred to Parliamentary Standing Committee on Labour for examination. This commentary highlights the salient features of the proposed code and discusses the areas of improvement and concerns.   After considerable period of deliberations and consultations, the union government has circulated the draft...

-CaravanMagazine.in At 5 pm on 29 March the union health ministry’s website said that India had 869 positive COVID-19 cases, spread over 26 states and union territories. Seven days earlier, Prime Minister Narendra Modi had announced his main attempt to halt the spread of the pandemic: an unanticipated 21-day nationwide lockdown. Amid rising concerns of shortage of essential equipment and services in public hospitals for front-line staff dealing with the epidemic,...

-NDTV "Social Unity amid Physical Distancing" is the slogan of Kerala in the war against COVID-19. It was coined after some elements began to use measures for social distancing to justify caste pollution distance norms. Kerala is harnessing its abundant social capital to overcome the limited fiscal space in which state governments are forced to operate in quasi-federal India. Led by a state government with commitment and the actualization of synergies...

-The Hindu The first increase in 27 years assumes significance in the wake of the crisis at PMC Bank Mumbai: The government has decided to increase the insurance cover for bank deposits to ?5 lakh from ?1 lakh, Finance Minister Nirmala Sitharaman said in her Budget speech. This is the first time since 1993 that the deposit insurance cover has been raised. The Finance Minister assured that there was a robust mechanism in...

-Newsclick.in LIC’s bad loans bulged by 145% in the last five years to Rs 30,000 crore in September 2019. Life Insurance Corporation of India (LIC) has been struggling with rising non-performing assets (NPAs) and downgraded investment portfolio of Rs 67,387 crore, reveals the insurer’s latest public disclosure figures. The biggest public insurer has been witnessing a deteriorating health since 2014, significantly due to massive investments in cash-strapped public and private entities pushed...