-The Hindu Business Line Discussions are on with insurance companies: official New Delhi: The government is considering the launch of a universal health insurance product, a government official said, adding that the Department of Financial Services has already held discussions with insurance companies for the launch of such a product. The government is also considering ways to incentivise providers to encourage good health rather than hospitalisation. “So far, health schemes are pushing for hospitalisation...
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Labour meet proposes social security schemes for workers -Somesh Jha
-Business Standard No consensus as yet on social security code Even though the Indian Labour Conference (ILC) could not build a consensus on forming a labour code on social security schemes, it recommended a slew of measures to broaden their coverage. The two-day conference, a tri-partite platform of trade unions, industry and the government, concluded here on Tuesday with a series of recommendations. It recommended that Employees' State Insurance Corporation (ESIC) coverage be expanded...
More »Tone changes on labour
-The Telegraph New Delhi: Prime Minister Narendra Modi began work with unions and employers today to build support for the biggest shake-up of labour laws in decades, in an attempt to revive a reform agenda that has suffered setbacks ahead of the Parliament session. It is a change of tack for Modi, who is smarting from widespread opposition to land purchase rules he has so far failed, to push through Parliament following...
More »Rural poor may get 90% more funds to build houses under new scheme -Saubhadra Chatterji
-Hindustan Times Poor people in rural India may get 90% more funds to build their houses with the government planning to revamp the rural housing scheme, Indira Awas Yojna (IAY). The scheme — likely to be redesigned as the national Grameen Awas Mission — currently offers beneficiaries Rs 70,000 to build a house and Rs 8,000 for a toilet. The Centre is planning to hike this allocation to up to Rs 1.48...
More »Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman
-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...
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