-Firstpost.com The labour ministry has put the Quarterly Employment Survey (QES) on the back burner as it wants to transition to computing payroll data based on Employees’ Provident Fund Organisation (EPFO) subscriptions, based on data from the Employees State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA), according to this report in The Economic Times. Of course, the EPFO-based jobs data gives one a better picture about the...
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Labour Ministry puts on hold quarterly jobs survey -Yogima Sharma
-The Economic Times NEW DELHI: Labour ministry’s quarterly employment survey (QES), which provides for the number of jobs created in eight sectors that account for over 80% of the country’s total organised workforce, has been put on the backburner owing to the more recent payroll data which has projected much higher number of jobs created in the organised sector than the labour bureau survey shows. According to the government’s first-ever estimate of...
More »Health insurance firms are denying us coverage, some organ donors allege -Priyanka Vora
-Scroll.in Doctors say that this could discourage others from donating their organs. In 2009, Dr Ravi Wankhede, a pathologist and resident of Nagpur, donated one of his kidneys to a friend. Wankhede saved his friend’s life but his altruism might have cost him his health insurance. When Wankhede turned 65 two years ago, his health insurance company told him that his policy could not be renewed because the company does not cover...
More »Now, Aadhaar mandatory to access LIC policy online -TK Rohit
-The Hindu Raises questions about violation of SC orders and insurance regulator’s norms Chennai: Despite the government extending the deadline for linking Aadhaar to various services to March 31, 2018, many insurance companies are insisting that customers part with their Aadhaar details for accessing their services. Principal among such insurers is the Life Insurance Corporation of India (LIC), whose newly designed web portal requires mandatory registration of policy holders’ Aadhaar details to even...
More »Crop insurers made Rs 10,000 crore profit amid agrarian crisis: CSE -Jatin Gandhi
-Hindustan Times The CSE report shows that insurance companies had only settled 32.45% of the claims made till April 2017. New Delhi: An independent evaluation of the Modi government’s much-touted crop insurance scheme has showed that insurers gained nearly Rs 10,000 crore in gross profit during the last kharif season, from June to November 2016. However, it settled less than a third of the crop-loss claims filed till early this year. The report released...
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