KEY TRENDS • Oxfam India's 2023 India Supplement report on poverty and inequality in India reveals that the gap between the rich and the poor is widening. Following the pandemic in 2019, the bottom 50 per cent of the population have continued to see their wealth chipped away. By 2020, their income share was estimated to have fallen to only 13 per cent of the national income and have less than 3...
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'We exhausted our savings to pay the hospital' -Parth MN
-RuralIndiaOnline.org Poor public infrastructure, unaffordable private medical care and limited access to the state health insurance scheme are pushing Covid patients and their families into long-term debt in Marathwada Eight days after testing positive for Covid-19, Ramling Sanap died in the hospital where he was being treated for the infection. But it wasn’t the virus that killed him. A few hours before he died, Ramling, 40, had phoned his wife, Rajubai, from the...
More »The covid-19 boost to health insurance, in four charts -Arjun Srinivas and howindialives.com
-Livemint.com In the Apr-Sep period, health insurance leaped ahead of Motor Insurance to lead the non-life insurance segment in India for the first time. For a business that thrives on medical uncertainty, the covid-19 pandemic has provided a shot in the arm for the health insurance industry in India. The prospect of hospitalisation due to covid-19, and high medical costs in private hospitals have driven more Indians to sign up for private...
More »Damages for road accident victims to increase 10-fold -Dipak K Dash
-The Times of India NEW DELHI: The government has decided on a ten-fold increase in the minimum compensation payable to road accident victims or their kin in case of death, permanent disability or minor injury irrespective of their income and age criteria. While revising this after a gap of 24 years, the transport ministry, however, has left the option for people to pursue their case in the Motor Accident Claims Tribunal...
More »Nationwide strike by trade unions today, essential services likely to be hit -Saubhadra Chatterji
-Hindustan Times New Delhi: Government transport in Haryana, Karnataka and Telangana, industrial areas in the National Capital region, hotels in Himachal Pradesh and banks and insurance offices across India may not function on Friday as central trade unions will hit the streets for a general strike. Last year, the trade union’s strike saw an estimated 15 crore workers take the day off. “This year we expect the figures to be higher,” said...
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