India is prioritizing health insurance, aiming for universal coverage by 2033. The sector is expanding, w ...More

India is prioritizing health insurance, aiming for universal coverage by 2033. The sector is expanding, with 58 crore lives covered in 2024-25. Government initiatives like PM Jeevan Jyoti Bima Yojana and Ayushman Bharat Pradhan Mantri Jan Arogya Yojana are increasing accessibility. ...Less

The CM is helming the Uttar Pradesh Labour (Employment Exchange and Job) Commission, which was formed in ...More

The CM is helming the Uttar Pradesh Labour (Employment Exchange and Job) Commission, which was formed in June with an objective to find gainful employment and provide social security to the migrants after the lockdown revealed their plight. ...Less

The finance ministry has instructed public sector insurance companies, including LIC, to expedite claim d ...More

The finance ministry has instructed public sector insurance companies, including LIC, to expedite claim disbursements for landslide victims in Kerala. Efforts are being made to reach policyholders through various channels like newspapers, social media, and SMS. ...Less

The unveiling of the mega pension scheme for workers in the informal sector marks a key milestone in the ...More

The unveiling of the mega pension scheme for workers in the informal sector marks a key milestone in the Modi government’s plan to widen the social security net. ...Less

The term protection market in the life insurance industry is set to heat up with insurers readying to lau ...More

The term protection market in the life insurance industry is set to heat up with insurers readying to launch Saral — a standard term policy that has been designed by the regulator, where insurers are expected to compete on price. ...Less

Labour and employment secretary Sumita Dawra urges careful analysis of government insurance and pension s ...More

Labour and employment secretary Sumita Dawra urges careful analysis of government insurance and pension schemes for gig and platform workers' social security. She emphasizes reviewing global best practices, considering sporadic work nature, and setting eligibility criteria to finalize a robust social security framework for this workforce. ...Less

"There is a lot of catching up (to be done) by private sector banks with respect to their public sector c ...More

"There is a lot of catching up (to be done) by private sector banks with respect to their public sector counterparts in this aspect...I would request that the private sector banks increase their participation in the PMJDY and Jan Suraksha schemes in order to realise the ambitious goals that the government has set," Joshi said. ...Less

The finance minister further requested ministries to aim and achieve more than their capex targets. ...More

The finance minister further requested ministries to aim and achieve more than their capex targets. ...Less

The government has decided to exclude nine flagship schemes, including Ayushman Bharat and PM Kisan, from ...More

The government has decided to exclude nine flagship schemes, including Ayushman Bharat and PM Kisan, from the standard appraisal process for central sector programs for the next five years, starting April 1, 2026. Niti Aayog's Development Monitoring and Evaluation Office will conduct a detailed evaluation of these schemes, which have significant social implications. ...Less

Some of the major financial security initiatives of PM Narendra Modi are Jan Dhan Yojana, Atal Pension Yo ...More

Some of the major financial security initiatives of PM Narendra Modi are Jan Dhan Yojana, Atal Pension Yojana, PM Suraksha Bima Yojana and PM Jeevan Jyoti Bima Yojana. ...Less

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) insu ...More

The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) insurance premium rates have been increased by the government. The new rates are w.e.f. from June 1, 2022. ...Less

The labour and employment ministry will introduce multiple measures in 2024 to enhance social security fo ...More

The labour and employment ministry will introduce multiple measures in 2024 to enhance social security for over 380 million unorganised workers. These include a common application form on the e-Shram portal, targeted enrolment of gig and platform workers, and integration of building and construction workers' data with e-Shram. ...Less

Prime Minister Narendra Modi acknowledged the impact of the FinTech sector in simplifying people's lives ...More

Prime Minister Narendra Modi acknowledged the impact of the FinTech sector in simplifying people's lives with innovations like ONDC and UPI. Speaking at the Global FinTech Festival, he cited India’s global potential and urged regulators to combat cyber frauds and promote digital literacy. He highlighted India's significant growth in fintech investments and user base over the past decade. ...Less

Finance Minister Nirmala Sitharaman lauded State Bank of India's digital transformation. She spoke on the ...More

Finance Minister Nirmala Sitharaman lauded State Bank of India's digital transformation. She spoke on the bank's 70 years of service. SBI supports farmers, SHGs, and MSMEs. The bank has a large number of Jan Dhan and insurance scheme beneficiaries. SBI plans to solarise 4 million homes by FY27. Chairman C S Setty highlighted SBI's focus on technology and inclusive growth. ...Less

On the eighth anniversary of the Jan Suraksha schemes, which also include the Suraksha Bima Yojana (PMSBY ...More

On the eighth anniversary of the Jan Suraksha schemes, which also include the Suraksha Bima Yojana (PMSBY) and the Atal Pension Yojana (APY), Sitharaman noted that these schemes aim to provide essential financial services to individuals from underprivileged backgrounds, thereby reducing their financial vulnerability. ...Less

The Central government has launched the pilot phase of the Prime Minister’s Internship Scheme, aiming to ...More

The Central government has launched the pilot phase of the Prime Minister’s Internship Scheme, aiming to provide 1.25 lakh internships during the 2024-25 fiscal year. This initiative seeks to tackle youth unemployment by offering 1 crore internships over the next five years, helping participants gain valuable workplace experience. ...Less

The Central government has launched the pilot phase of the Prime Minister’s Internship Scheme, aiming to ...More

The Central government has launched the pilot phase of the Prime Minister’s Internship Scheme, aiming to provide 1.25 lakh internships during the 2024-25 fiscal year. This initiative seeks to tackle youth unemployment by offering 1 crore internships over the next five years, helping participants gain valuable workplace experience. ...Less

Assam's financial strategy for 2026-27 showcases a robust budget of Rs 62,294.78 crore, emphasising direc ...More

Assam's financial strategy for 2026-27 showcases a robust budget of Rs 62,294.78 crore, emphasising direct cash assistance through initiatives like Nijut Moina and Orunodoi. Buoyed by a surge in economic prosperity, the state reports a remarkable increase in per capita income. ...Less

An officer has been designated for every 75 villages and each has been tasked to undertake at least three ...More

An officer has been designated for every 75 villages and each has been tasked to undertake at least three visits to the village spanning fourseven days, till August 15. ...Less

Though DBT started in 2013 under UPA on pilot basis, it took off in a major way only under Modi govt afte ...More

Though DBT started in 2013 under UPA on pilot basis, it took off in a major way only under Modi govt after the LPG subsidy scheme was commenced through the mechanism. ...Less

President Droupadi Murmu lauds the 'One Nation-One Election' Bill for ensuring consistent governance and ...More

President Droupadi Murmu lauds the 'One Nation-One Election' Bill for ensuring consistent governance and reducing financial and resource strain. She highlights economic growth, financial inclusion, targeted welfare schemes for marginalized communities, and the modernization of legal frameworks as key accomplishments in her address on the eve of Republic Day. ...Less

Union Finance Minister Nirmala Sitharaman inaugurated projects worth Rs 1,087.81 crore in Meghalaya, prai ...More

Union Finance Minister Nirmala Sitharaman inaugurated projects worth Rs 1,087.81 crore in Meghalaya, praising the state's effective utilization of funds under Chief Minister Conrad K. Sangma's leadership. Meghalaya's economic growth nears 15%, significantly exceeding the national average, with a vision to become a USD 10 billion economy. ...Less

In comparison, 5.7 crore people have passports, 17 crore people PAN cards, 60 crore voter ID cards, 15 cr ...More

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 licences. ...Less

The government has launched an internship programme offering Rs 60,000 per year to one crore youth over f ...More

The government has launched an internship programme offering Rs 60,000 per year to one crore youth over five years. The scheme, starting on December 2, will provide insurance coverage and Rs 5,000 monthly assistance. Companies can voluntarily participate, with internships lasting 12 months. Registration opens in mid-October on an online portal. ...Less

The bigger takeaway is that the electorate of Karnataka is signalling that it’s trading up. It is a tacit ...More

The bigger takeaway is that the electorate of Karnataka is signalling that it’s trading up. It is a tacit acknowledgement that efforts to resolve the legacy deficits with respect to toilets, housing, financial inclusion, cooking gas and so on are working. Consequently, the aspirational quotient of the populace is growing correspondingly. ...Less

Delhi CM Rekha Gupta presented the first budget, focusing on a significant increase in capital expenditur ...More

Delhi CM Rekha Gupta presented the first budget, focusing on a significant increase in capital expenditure and delivering on electoral promises such as monthly payouts to women. The rise in aspirational politics, driven by better social welfare spending, faces challenges due to growing public discontent and political protests. ...Less

'Viksit Bharat' holds the promise of life-changing transformation for many Indians beyond headline number ...More

'Viksit Bharat' holds the promise of life-changing transformation for many Indians beyond headline numbers. ...Less