-PTI Regulator IRDA has come with a draft proposal to expand the reach of insurance cover to Below Poverty Line (BPL) families in the next five years. "The target group shall be the BPL population... Each insurer shall prescribe the target in proportion to their market share. IRDA shall prescribe annual target so as to cover entire BPL population in the next five years," Insurance Regulatory and Development Authority (IRDA) said in...
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Food security Bill to see more delay as panel tenure ends-Sandip Das
-The Financial Express The government is unlikely to take up the National Food Security Bill in the winter season of Parliament as the panel examining the proposed law had to be reconstituted as its tenure had lapsed. The National Food Security Bill, 2011, which was introduced in the Lok Sabha by food minister KV Thomas in the winter session last year, was referred to the Parliamentary Standing Committee chaired by Vilas Muttemwar...
More »Coalgate figures may not be accurate, hints Chief Justice of India SH Kapadia -Dhananjay Mahapatra
-The Times of India Chief Justice of India (CJI) S H Kapadia on Saturday joined the debate on the CAG's estimate of "windfall gains" for private players in the coal block allocation scam, suggesting such assessments may not be accurate. "People should be educated on economics as well to understand that these irregularities should be understood from the point of loss, which was a matter of fact, and not from profit angle,...
More »9 states to get more funds to improve literacy rate
-PTI Bihar, Uttar Pradesh, West Bengal and six other states having literacy levels less than the national average will get enhanced Central share under the Sarva Siksha Abhiyan programme, with the Planning Commission approving a proposal to this effect. These states will be getting funds in the ratio of 75:25 as against the existing ratio of 65:35. Himachal Pradesh and Uttarakhand will also be included along with the northeastern states where funding...
More »LPG ball in Bengal’s court -Sambit Saha
-The Telegraph Non-subsidised domestic cooking gas will cost Rs 832 per cylinder in Calcutta following the Centre’s decision to forego customs and excise duties that add up to Rs 103.50 apiece. However, if the Bengal government drops local levies, consumers can save Rs 52.50 more as the price will fall further to about Rs 780 a cylinder. According to new rules, every family will have to pay the market rate once it crosses...
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