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IRDAI Removes Age Limits on Health Insurance Purchase

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  IRDAI Removes Age Limits on Health Insurance Purchase In a ground-breaking development, the Insurance Regulatory and Development Authority of India (IRDAI) has ushered in a new era in the health insurance sector. With the recent announcement, the regulatory body has eliminated the cap on buying health insurance policies, marking a significant departure from the conventional constraints that often limited individuals in securing comprehensive coverage. This shift holds profound implications for both insurers and policyholders. By abolishing the maximum age restriction on purchasing health insurance plans, IRDAI aims to foster a more inclusive and accessible healthcare ecosystem, ensuring adequate protection against unforeseen medical expenses. Furthermore, this move is poised to stimulate innovation within the insurance sector. Insurers are now incentivised to diversify their product offerings, catering to a broader spectrum of healthcare requirements. Until now, individuals were limi

Punjab Farmers Reap Twin Bounty: Higher Yield, Robust Procurement

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Get the latest news on the Stock Market, Personal finance throughout the day. Don't Allow Allow The Financial Express Sign in   Punjab Farmers Reap Twin Bounty: Higher Yield, Robust Procurement Punjab farmers reap twin bounty: Higher yield, robust procurement With prospects of record output and procurement expected to gather further momentum over the next few weeks, the government’s wheat stocks, which had fallen to the buffer level recently, may soon be replenished. Written by  Sandip Das April 20, 2024 06:15 IST Follow Us To curb rise in prices, the government had aggressively sold a record 9.6 MT of wheat from its stock in the open market last fiscal. (PTI) Ahead of the Lok Sabha elections in the state, Punjab farmers – the most vocal and organised among India’s cultivators – are a happy lot. Two things are working in their favour at the moment: higher wheat yield, and robust procurement of the key rabi crop at attractive minimum support price (MSP). Unlike in many other states,

Success Stories Resolutions and Advocacy of BPS office bearers and affiliates- March-April 2024

  Success Stories: Resolutions and Advocacy Highlighting individual cases where Bharat Pensioners Samaj successfully advocated for the resolution of pension issues, ensuring pensioners receive their due benefits. These stories exemplify the ongoing efforts to support and uplift the community of retired individuals across the nation. Success Stories of  BPSVP (WZ) Persistence Pays Off: Success Stories of BPS office bearers and affiliates 1.Ujwala Bhalchandra Wasnik : PPO Number: 19897340500158 Unmarried daughter of late Bhalchandra Wasnik, Sr. Clerk under Sr. DPO Nagpur Cse resolved after a four-year struggle due to a missing file, a PPO was finally issued in her favor. She received arrears amounting to Rs. 6,68,000. Written appeals to DRM Nagpur for sanctioning her minimum provisional pension were instrumental in this success. 2.Mina Mahendra Patil PPO Number: 19947340500479 Widow daughter of Late Mahadeo Sonoo, Ex Khalasi Engineering Gondia  After  numerous correspondences over four y

Delay in restoration of commutation amount by Pension Disbursing Banks even after completion of 15 years of retirement: Minutes of the 33rd SCOVA meeting

  Delay in restoration of commutation amount by Pension Disbursing Banks even after completion of 15 years of retirement: Minutes of the 33rd SCOVA meeting [DoP&PW OM No. 42/11/2023-P&PW(D) dated 03.04.2024] Sub:- Minutes of the 33rd SCOVA meeting held under the Chairmanship of Hon’ ble MOS(PP) on 22.02.2024, at Vigyan Bhawan, New Delhi-reg Previous:  (33.8)  Non-indication of Dearness Relief (DR) paid on age related Additional Pension in the SMS on pension credit received by DoT Pensioners in SAMPANN (33.9) Delay in restoration of commutation amount by Pension Disbursing Banks even after completion of 15 years of retirement As per CCS (Pension) Rules, 1981, commutation amount is restored after completion of 15 years. However, it is found that commutation is not restored by Pension Disbursing Banks after 15 years. Excess commutation amount has been recovered even for more than one year. This is happening in respect of pensioners who have retired during 2007 to 2008 due to imple

User Guide for unlocking the locked PFMS user IDs after 5 unsuccessful login attempts: CGA, FinMin Order dated 03.04.2024

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  User Guide for unlocking the locked PFMS user IDs after 5 unsuccessful login attempts: CGA, FinMin Order dated 03.04.2024 Ministry of Finance Department of Expenditure Controller General of Accounts Public Financial Management System GIFMIS Vertical File No. I-17008/5/2020-CGA/e-2885/18 Date: 03/04/2024 OFFICE MEMORANDUM Subject:- User Guide for unlocking the locked treasury user id’s. In the existing functionality of PFMS, after 5 unsuccessful login attempts by the user in PFMS, system locks the login id for 30 minutes and after 30 minutes its gets unlocked automatically. 2. A process of unlocking of the locked treasury user id’s instantly by the 1st level approving authority of user registration process has now been developed in PFMS. The user guide of the said process is enclosed. 3. All PrCCAs/CCAs/CAs with independent charge are requested to educate the concerned users and circulate this O.M. and attached user guide among all concerned users offices. Copy of this OM is also bein

Addition of some new pension categories under OPS – Central Pension Accounting Office OM dated 16.04.2024

 Addition of some new pension categories under OPS – Central Pension Accounting Office OM dated 16.04.2024 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF EXPENDITURE CENTRAL PENSION ACCOUNTING OFFICE TRIKOOT-II, BHIKAJI CAMA PLACE, NEW DELHI-110066 CPAO/IT&Tech/e-SSA(CPAO) /112 /e-6462 /2024-25/22 Dated –16.04.2024 Office Memorandum Sub: Addition of some new pension categories under OPS- reg. The undersigned is directed to convey the approval of competent authority and to say that the following four categories of pension have been created in CPAO system – Sl. No. Category Name Category Code 1. Compulsory Retirement Case Q 2. Invalid Pension Case I 3. Compassionate Allowance Case R 4. Absorption Pension Case (Pro rata Pension) P The categories mentioned above have been made live in CPAO. The banks need to process pension cases of these categories on receipt of the same. In view of above, Heads of CPPCs/GBDs of all Authorized Banks are hereby directed to upgrade/update their s

Linking of CGHS Beneficiary ID with ABHA ID – Extension of timeline for creation and linking of ABHI ID: CGHS OM dated 15.04.2024

  Linking of CGHS Beneficiary ID with ABHA ID – Extension of timeline for creation and linking of ABHI ID: CGHS OM dated 15.04.2024 F. No. Z15025/23/2023/DIR/CGHS 1/3667671/2024 (Comp No.8236195) भारत सरकार स्‍वास्‍थ्‍य एवं परिवार कल्‍याण मंत्रालय केंद्रीय सरकार स्‍वास्‍थ्‍य योजना महानिर्देशालय 15-04-2024 कार्यालय ज्ञापन/OFFICE MEMORANDUM In continuation of the  OM No. Z-15025/23/2023/DIBJCGHS, dated 28.03.2024 , it is hereby brought to the notice of CGHS beneficiaries, that: A) Creation of ABHA ID (ABHA number) has been extended for a time period of 90 days, w.e.f. 30.06.2024 (3 months from 30.06.2024). B) Linking of ABHA number with CGHS card has been extended for a time period of 120 days, w.e.f. 30.06.2024 (4 months from 30.06.2024). C) In order to assist the CGHS beneficiaries, KIOSKS shall be made operational at all the wellness centres by 30.06.2024. D) The beneficiaries may visit their nearest CGHS wellness centre  on need basis  for availing assistance in respect of: updating

রেলওয়ে অবসরপ্রাপ্তদের স্বাস্থ্যসেবা সমস্যা: সরকারী পদক্ষেপের আহ্বান

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রেলওয়ে অবসরপ্রাপ্তদের স্বাস্থ্যসেবা সংক্রান্ত সমস্যা : সরকারি পদক্ষেপের আহ্বান   বয়স্ক জনসংখ্যার দিকে জনসংখ্যাগত পরিবর্তনের সাক্ষী একটি দেশে , প্রবীণ নাগরিকদের , বিশেষ করে অবসরপ্রাপ্ত রেলওয়ে কর্মচারীদের দুর্দশা একটি গুরুতর উদ্বেগের বিষয় যা অবিলম্বে মনোযোগ দেওয়া প্রয়োজন। ভারত সরকারের রেলপথ মন্ত্রকের উচ্চমানের স্বাস্থ্য পরিষেবার প্রতিশ্রুতি সত্ত্বেও , সাম্প্রতিক ঘটনাগুলি এই অবসরপ্রাপ্তদের প্রতি অবহেলা এবং উদাসীনতার একটি ভয়াবহ চিত্র তুলে ধরেছে৷   গত বছর প্রকাশিত জাতিসংঘের একটি প্রতিবেদন অনুসারে , ভারতের বয়স্ক জনসংখ্যা আগামী বছরগুলিতে উল্লেখযোগ্যভাবে বৃদ্ধি পাবে , রেলওয়ে অবসরপ্রাপ্তরা এই জনসংখ্যার একটি বড় অংশ গঠন করবে৷ যাইহোক , চিকিৎসা সেবা চাওয়ার সময় এই অবসরপ্রাপ্তদের অনেকেই যে বাস্তবতার মুখোমুখি হন তা প্রতিশ্রুত মান থেকে অনেক দূরে।   দুটি সাম্প্রতিক ঘটনা রেলওয়ে অবসরপ্রাপ্তদের স্বাস্থ্য পরিষেবা অ্যাক্সেস করার ক্ষেত্রে যন্ত্রণাদায়ক অভিজ্ঞতার কথা তুলে ধরে।   প্রথম দৃষ্টা