-The Asian Age The source further said DICGC has proposed to hike deposit insurance to Rs 3 lakh from Rs 1 lakh, depending upon the demands of circumstances. New Delhi: With several financial institutions in the country standing on the edge of distress, the Central government is likely to increase Insurance cover for bank deposits. Currently, only Rs 1 lakh deposit of each customer is issured. The Finance Ministry is also mulling to...
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Premium rates under PM Fasal Bima Yojana continue to rise, pinching farmers and the govt -Rajalakshmi Nirmal
-The Hindu Business Line Insurance companies say changing guidelines under PMFBY have increased their costs Chennai: With insurers increasing premium rates every year, farmers and the government -- State and the Centre -- are coughing up more under the Pradhan Mantri Fasal Bima Yojana (PMFBY). Sample this: In 2016-17, the premium rate was 10.75 per cent (of sum insured). This increased to 12.36 per cent in 2017-18 and to 12.60 per cent in...
More »PMJAY to offer teleconsultation to boost coverage -Bindu Shajan Perappadan
-The Hindu The move is part of the Centre’s plans to widen the coverage of the scheme and thus reduce the incidence of catastrophic health expenditures. The Pradhan Mantri Jan Arogya Yojana (PMJAY) health insurance scheme is set to offer teleconsultation services to its patients soon. The move is part of the Centre’s plans to widen the coverage of the scheme and thus reduce the incidence of catastrophic health expenditures, and improve...
More »Under farm scheme, Odisha spent Rs 170 crore on over 3 Lakh ineligible beneficiaries
-TheWire.in The opposition has accused the state government of hastily implementing the KALIA scheme with an eye on elections. New Delhi: The Odisha government has found that it provided the benefit of its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to 3.41 lakh ineligible beneficiaries, The Hindu reported on Wednesday. This has led to the state exchequer spending Rs 170 crore more than it needed to on the scheme. Prior to...
More »Telangana puzzle: Suicides have dipped, but farmers continue to die in large numbers -KV Kurmanath
-The Hindu Business Line Hyderabad: The number of farmer suicides in Telangana seems to have come down over the past few months. But the agriculture sector continues to suffer from severe distress, and a staggering 12,820 farmers who had taken the Rythu Bima Insurance cover have died due to various reasons over the past year. “About Rs.640 crore of the aggregate sum assured has been paid to the kin of 12,820 farmers...
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