The draft bill allows insurance companies the freedom to sell different financial products Mint The government is likely to introduce the Insurance Laws (Amendment) Bill 2022 in the monsoon session of Parliament to bring deep reforms in the insurance sector, including a provision for composite insurance licence and flexibility in entry barriers, two people aware of the development said. According to them, stakeholder consultation on the draft bill is expected to be...

-Hindustan Times The maximum number of schools that have applied for the selection are from Uttar Pradesh (37,065), followed by Rajasthan (21,317), Madhya Pradesh (19,508), Maharashtra (16,614), and Andhra Pradesh (13, 455), officials said New Delhi: A total of 165,382 schools spread across 29 states and Union territories have so far applied with the ministry of education for an upgrade under the Pradhan Mantri Schools For Rising India (PM-SHRI) scheme, officials said...

-Mercom India The Union CABinet has approved the National Green Hydrogen Mission with an initial outlay of Rs.19,744 crore ($2.38 billion). The policy decision is meant to facilitate demand, production, utilization and export of green hydrogen. The largest portion of the outlay, Rs.17,490 crore, has been earmarked for strategic interventions in the transition to green hydrogen. Also called SIGHT, this sub-component envisages financial incentives for the domestic manufacture of electrolyzers and...

-Moneycontrol.com The free and subsidised grains are an implicit income transfer to people and ensure basic protection from starvation The distribution of free grains through the Public Distribution System (PDS) under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) has been one of the main relief measures undertaken by the Indian government in response to the economic distress brought about by the Covid pandemic. From April 2020 until the end of 2022,...

-Scroll.in The government wants to reduce its dependence on imported crude oil by producing more ethanol-blended petrol. While India is making a push for ethanol-blended petrol, by incentivising sugarcane-derived ethanol, concerns remain about the water-guzzling nature of the sugarcane and fair remuneration for farmers. On November 2, the Centre, as part of its Ethanol Blending Programme, approved a higher price for ethanol that is derived from different sugarcane-based raw materials. This was done...