Modi Government

Under the government’s 'Pradhan Mantri Gareeb Kalyan Package,' Rs 50 lakh insurance was paid to each of the families of 921 doctors and healthcare workers who died of coronavirus. The provision for this scheme has been extended for 180 days with effect from April 24, 2021. Bharati Pravin Pawar, minister of state stated that necessary steps are being taken for the health and security of the medical officers during Covid-19.

The Department of Public Enterprises (DPE) which was earlier under the 'Ministry of Heavy Industries and Public Enterprises' has merged with the Finance Ministry. The move was brought in to ease coordination related to disinvestment plans. However, the Secretariat notification was issued which assigned these rules under the Government of India (Allocation of Business) 361 Amendment Rules 2021. Besides, this will be the sixth department under… read-more

Six high-level multidisciplinary public health teams have been sent on July 2 by the Centre to six states that witnessed the highest number of Covid-19 cases. The teams will assist Kerala, Arunachal Pradesh, Tripura, Odisha, Chhattisgarh, and Manipur to combat the rising cases. The public health teams will "monitor the overall implementation of COVID-19 management, especially in testing, including… read-more

The Reserve Bank of India has requested banks to dilute their stake in the capital intensive insurance sector to 20%, reducing the limit to over half. The regulator urged banks to focus on the dominant area of business instead of the insurance sector, seen as a 'money guzzling business,' Earlier, banking institutions were eligible to hold a 50% stake in insurers. Interestingly, the move came after the Centre increased the FDI cap to 74%.

Suryakant Dhasmana, vice-president of Uttarakhand Pradesh Congress Committee, accused the Centre of 'conspiring' against the public sector by boosting privatization. Speaking at a rally organised to protest privatization of Railways, he alleged that the Modi government intends to “cripple the public sector”. “Like Coal India, government is preparing to auction BSNL, Air India and Indian Railways,” he added, Congress would not allow that.