-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...
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'Open more private hospitals in next five years, make healthcare a fundamental right': Panel -Sumi Sukanya Dutta
-The New Indian Express The committee recommended that the number of MBBS and PG seats in the country be made equal by 2025, along with shifting healthcare from the state list to the concurrent list in the Constitution. NEW DELHI: A high-level panel on reforms in the health sector has come up with radical suggestions like shifting healthcare from the state list to the concurrent list in the Constitution, opening over 3,000-5,000...
More »503 Lok Sabha MPs including Amit Shah failed to furnish property details: RTI reply -Vineet Upadhyay
-The New Indian Express According to members of the Lok Sabha Declaration of Assets Rules 2004, every member should declare their property details within 90 days of their election. DEHRADUN: In a startling revelation, an RTI query revealed that 503 of 543 members of parliament from Lok Sabha have failed to furnish property details after getting elected in the May 2019 parliamentary elections. According to members of the Lok Sabha Declaration...
More »Can Budget 2020 make good healthcare more affordable to common people? -Anupama Joshi
-The Indian Express As India inches towards its goal of universal healthcare, there is a need for the budget to try to ensure that healthcare sector requirements are well funded and the budget contains provisions that energise accessible, affordable and quality healthcare. Here's what the government can do to boost the healthcare sector. India’s annual healthcare spend hovers around 4 per cent of GDP with high out of pocket expenditure and low...
More »Why 'Make in India' has failed -M Suresh Babu
-The Hindu It is too ambitious, spectacularly ill-timed, and has brought in too many sectors into its fold On September 25, 2014, the Indian government announced the ‘Make in India’ initiative to encourage manufacturing in India and galvanize the economy with dedicated investments in manufacturing and services. Immediately after the launch, investment commitments worth crores were announced. In 2015, India emerged as the top destination for foreign direct investment, surpassing the U.S....
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