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Farm insurance coverage is poor: govt to House panel -AM Jigeesh

-The Hindu Business Line New Delhi: The government has painted a grim picture of the crop insurance scenario in the country. Making a presentation before the Finance Standing Committee of Parliament, government representatives said the penetration of crop insurance was just about 23 per cent (369.94 lakh) of the total number of farmers. A little more than 22 per cent of the gross crop area (455.63 lakh hectares) is covered under four...

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Aadhaar now most widely held ID with 92cr holders -Rajeev Deshpande

-The Times of India NEW DELHI: The Aadhaar card is now the most widely held identification document in the country with a voluntary enrolment of 92 crore people. It is also perhaps the sole ID for many of its holders, including many families below the poverty line. In comparison, 5.7 crore people have passports, 17 crore people PAN cards, 60 crore voter ID cards, 15 crore ration cards and 17.3 crore driving...

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Less than 20% of population under health insurance cover: Report -Sushmi Dey

-The Times of India NEW DELHI: Despite liberalization of the insurance sector, only around 21.6 crore people - less than one-fifth of India's population - are covered under health insurance. Even among those who have some form of coverage, 67% are covered by public insurance companies, according to National Health Profile 2015, compiled by the Central Bureau of Health Intelligence. The report, which has a separate chapter on health financing, shows despite...

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Rajasthan plans universal health insurance; 45 million to benefit -Sahil Makkar

-Business Standard After outsourcing primary health care and diagnostic services to private entities, the state plans universal health insurance scheme for treatment at private hospitals The Rajasthan government has decided to provide health insurance to the 70 million residents in the state. The move comes after the government's decision to outsource primary health centres and specialised diagnostic services to private players on Public-Private Partnership (PPP) mode. The Swasthya Bima Yojana scheme is provided...

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EPFO likely to raise maximum insurance cover to Rs 5.5 lakh

-PTI NEW DELHI: Retirement fund body EPFO is likely to increase the maximum amount assured under its Employees' Deposit Linked Insurance Scheme (EDLI) to Rs 5.5 lakh from the existing Rs 3.6 lakh. The proposal to raise the insurance benefit for over six crore subscribers of the Employees' Provident Fund Organisation (EPFO) will be put up for approval of Pension and EDLI Implementation Committee on September 9, as per the agenda of...

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