The Ministry of Human Resources and Emiratisation (MoHRE) has added two new classes of employees who can participate in the UAE’s job loss scheme.
The MoHRE’s Involuntary Loss of Employment (ILoE) scheme allows employees who work in free zones and semi-government entities to sign up as well.
The Ministry mandated the purchase of job loss insurance for private sector and federal government employees on January 1.
Employees with a base salary of less than 16,000 dirhams are required to pay a premium of 5 dirhams per month, or 60 dirhams per year, along with VAT under the ILoE insurance plan.
They will be remunerated with 60% of the typical fundamental compensation for the employment cutback for three back-to-back months. While representatives with a fundamental compensation of over 16,000 dirhams are expected to pay 10 dirhams per month or 120 dirhams yearly premiums under this plan.
One or two years are available for the policy period. Dubai Insurance, the ILOE website, Al Ansari Exchange, and ATMs all offer subscription options.
The number of supporters surpassed 1,000,000 since its send-off in January the service said toward the beginning of April.
A notice posted on the ILoE website showed that individuals working in semi-government substances or organizations enlisted in a UAE free zone buy-in by continuing to the “Non-Enrolled in MoHRE” connect on the ILoE entryway.
Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation approached employees that are qualified to buy into the plan to profit from inclusion, and on employers to encourage their employees to subscribe to the scheme.
Hyderabad: The Telangana government on Tuesday announced life insurance of Rs 5 lakhs for toddy tappers in the state.
‘Geeta Karmikula Beema’ which translates to ‘Toddy tappers’ insurance’ will be provided to a toddy tapper’s family in case of death during the job.
ఈ సందర్భంగా సీఎం మాట్లాడుతూ.. కల్లుగీత సందర్భంగా ప్రమాదవశాత్తు జారిపడి ప్రాణాలు కోల్పోతున్న దురదృష్ట సంఘటనలు జరుగుతుంటాయని సీఎం ఆవేదన వ్యక్తం చేశారు. అటువంటి వూహించని దురదృష్టకర సందర్భాల్లో మరణించిన కల్లుగీత కార్మికుల కుటుంబాలను ఆదుకోవాల్సిన బాధ్యత ప్రభుత్వం మీద వున్నదని సీఎం…
Patna: After CBI served a notice to former Jammu and Kashmir Governor Satyapal Malik in the Reliance insurance scam case, JD(U) president Lalan Singh on Saturday came out in his support and called the Centre a “coward”.
Those questioning the Centre are being targetted, he added.
In a Twitter post, Singh said: “Malik Saheb is fighting but the ‘cowards’ are using government power to target their opponents. They do not know that the people of the country are watching them. There was an apprehension of action being taken against you on a day when you have disclosed the fact (Related to the Pulwama incident).”
“Sarfaroshi ki tamannah ab hamare dil me hai, dekhna hai zor kitna baju-e-katil meine hai,” he said.
Targetting the Centre, the Congress has also uploaded a tweet. It said, “Finally, PM Modi was not able to restrain. Satyapal Malik exposed him in front of entire countrymen, so CBI called him. It was expected.”
Earlier, the former governor claimed that the CBI had asked him to appear before it at his convenience on April 27 or 28. The CBI wants some clarification on the corruption cases.
Malik served as governor of Jammu and Kashmir from August 23, 2018, to October 30, 2019.
J&K former Governor Satyapal Malik and PM Narendra Modi.
New Delhi: The CBI has asked former Jammu and Kashmir governor Satya Pal Malik to answer certain queries in connection with an alleged insurance scam in the Union Territory, officials said on Friday.
Reacting to the development, Malik told PTI that the Central Bureau of Investigation (CBI) has asked for his presence at the agency’s Akbar Road guesthouse here for “certain clarifications”.
“They want certain clarifications for which they want my presence. I am going to Rajasthan so I have given them dates from April 27 to 29 when I am available,” Malik said.
The CBI had examined him in connection with the alleged scam last year.
In April last year, the CBI lodged two FIRs over corruption allegations levelled by Malik in the awarding of contracts for a group medical insurance scheme for government employees and civil work worth Rs 2,200 crore related to the Kiru hydroelectric power project in Jammu and Kashmir.
SRINAGAR: Jammu and Kashmir Bank on Monday entered into a corporate agency agreement with Bajaj Allianz Life Insurance Company – one of the country’s leading insurance providers. The agreement has paved way for the Bank to sell the life insurance products of Bajaj Allianz from 1st April, 2023.
At the corporate headquarters, the signing ceremony was attended by several senior officials of J&K Bank and Bajaj Allianz Life Insurance Company. Narjay Gupta, the General Manager and Vertical Head (Cross Selling) of J&K Bank, signed the agreement on behalf of the bank, while Dheeraj Sehgal, the Chief Distribution Officer (Institutional Business) of Bajaj Allianz Life Insurance Company, signed on behalf of the company. The Executive Director of J&K Bank, Sudhir Gupta, was also present. In addition, Syed Rais Maqbool, the General Manager and Vertical Head (Business Support Division) of J&K Bank, and the Business Heads of Bajaj Allianz Life Insurance Company, Varghese Chacko and Zeeshan Andleeb, were also in attendance.
The MD & CEO, Baldev Prakash, praised the bank’s efforts to offer more options to its diverse and expanding customer base throughout the country. In reference to the signing of the corporate agency agreement with the insurance giants LIC of India and Bajaj Allianz Life, which is set to commence operations on April 1, 2023, he stated that this demonstrates the bank’s customer-focused approach, emphasis on prompt execution, and dedication to expanding the range of products and services available to its clients.
Executive Director Sudhir Gupta hailed the Bank’s business relations with Bajaj Allianz. On the occasion, he said, “Through this agreement we have further strengthened our relationship with Bajaj Allianz. With both organisations being reputed brands in their field of operations, I am sure this partnership will help us achieve our business goals successfully.”
After signing the document, CDO Dheeraj Sehgal praised the J&K Bank for its vital role in J&K and Ladakh, as well as its strategic presence throughout the rest of the country. He expressed gratitude to the bank for the opportunity to collaborate and provide an array of life insurance products to the people, in order to secure their life goals. Dheeraj also stated that he believes the collaboration between J&K Bank and Bajaj Allianz Life Insurance will bring solutions to the life insurance needs of the large population that the bank serves with pride and professionalism.
“Bank’s reach especially in J&K, Ladakh and range of Bajaj Allianz products makes the tie-up beneficial not only for the customers but a win-win for both the institutions”, commented General Manger Narjay Gupta.
“J&K Bank and Bajaj Allianz have strong brand value and rich legacy of serving people”, said General Manager Syed Rais Maqbool adding that the agreement will facilitate the Bank’s customers besides enabling both the companies to leverage the strengths of each other.
Zeeshan Andleeb, the Business Head of Bajaj Allianz Life, stated that he is confident that the collaboration with J&K Bank will bring advantages and success to all parties involved in the value chain, particularly in the regions of J&K and Ladakh.
Bengaluru: Strongly condemning the Maharashtra government’s decision to implement its health insurance scheme in the 865 border villages in Karnataka that it is laying claim to, Chief Minister Basavaraj Bommai on Thursday called it an “unpardonable offence”, and said he would raise the issue with Union Home Minister Amit Shah.
In December last year, Union Home Minister stepped in to defuse border tensions between Maharashtra and Karnataka. He called a meeting between the two Chief Ministers, after which he said both of them had agreed not to make any claims and counter-claims on the border issue till the Supreme Court had decided on the matter.
Speaking to reporters, Bommai today said Maharashtra had “violated” that agreement, and urged his counterpart Eknath Shinde to “behave responsibly”.
The latest tension between the two states cropped up after the Shinde government recently announced that it would allocate an additional Rs 54 crore for its ‘Mahatma Jyotiba Phule Jan Arogya Yojana’, so that the benefits could be extended to the border villages in Karnataka that Maharashtra has been laying claim to.
The Karnataka Chief Minister today urged the Maharashtra government to immediately withdraw its order on implementing the health insurance scheme in the villages on Karnataka’s side of the border, and said he would be raising the matter with Union Home Minister Shah.
Warning against dredging up border issues, indicating that it could backfire against Maharashtra, Bommai said, “We too can announce such schemes or programmes.”
“Several Gram Panchayats and Taluks (on Maharashtra’s side of the border) have made resolutions seeking to join Karnataka, as they are not getting justice in Maharashtra,” he added. “With such a situation, the Mahrashtra government should behave responsibly. I strongly condemn their Cabinet decision.”
Opposition leaders D K Shivakumar and Siddaramaiah on Wednesday had also condemned the Maharashtra government’s move, and took the opportunity to call for Bommai’s resignation for “having miserably failed to protect the interests of Karnataka and Kannadigas.”
(Except for the headline, this story has not been edited by Siasat staff and is published from a syndicated feed.)
Belagav: Karnataka Chief Minister Basavaraj Bommai on Wednesday said his government would take measures to stop the Maharashtra government from offering its health insurance scheme in 865 border villages that the neighbouring state is trying to lay claim to.
He was responding to Congress’ criticism over his administration’s alleged inaction over Maharashtra’s Eknath Shinde government recently announcing an additional Rs 54 crore for implementing the ‘Mahatma Jyotiba Phule Jan Arogya Yojana’ in the border villages of Karnataka, which the neighbouring state is claiming for itself.
Calling the Maharashtra’s government’s move an “insult” to Karnataka, state Congress President D K Shivakumar and Leader of Opposition in the Assembly Siddaramaiah earlier today demanded Bommai’s resignation, accusing him of having “miserably failed” in protecting the interests of the state and Kannadigas.
In response to a question from reporters about Congress’ demand for his resignation, Bommai said, “If Maharashtra releases (money) here, why should I resign? We too have released funds for places in Maharashtra like Pandharpur, Tuljapur, where people from Karnataka visit.”.
Speaking to the reporters here, he said, “I will look into their fund release, we will take measures to stop it…. I need not learn from D K Shivakumar.” Earlier, warning the Maharashtra government, Shivakumar said not even an inch of Karnataka’s land would be ceded.
“It is our land, our water, and we will protect it. We are ready to sacrifice our lives to protect our land,” he said, as he urged the Karnataka government to take immediate counter measures, stating that it was a mater of the state’s self esteem.
Calling on pro-Kannada organisations, artists and literary figures to come together to express their opposition against Maharashtra’s move with one voice, Shivakumar also questioned Union Home Minister Amit Shah’s silence on the issue.
Meanwhile, speaking to reporters in Hubballi, Siddaramaiah said Maharashtra’s move was a threat to India’s federal structure.
Hitting out at Bommai for having failed to protect Karnataka’s interest, he said he had no right to continue as Chief Minister and should resign immediately.
The decades old border row between the two states had intensified in December last year, with vehicles from either side being targeted, leaders from both the States weighing in, and pro-Kannada and Marathi activists being detained by police amid a tense atmosphere in Belagavi.
Also, both states had passed resolutions against each other in their respective legislatures, putting forward their claim on the border villages.
The border issue dates back to 1957 when States were reorganised on linguistic lines. Maharashtra laid claim to Belagavi, which was part of the erstwhile Bombay Presidency, as it has a sizeable Marathi-speaking population. It also laid claim to over 800 Marathi-speaking villages which are currently a part of Karnataka.
Karnataka maintains that the demarcation done on linguistic lines as per the States Reorganisation Act and the 1967 Mahajan Commission Report is final. And, in an assertion about Belagavi being an integral part of the State, Karnataka built the Suvarna Vidhana Soudha there, modelled on the Vidhana Soudha, the seat of the State Legislature and Secretariat, in Bengaluru.
Hyderabad: HDFC Life Insurance Company Limited was asked to pay Rs 45,00,000 by the state Consumer Disputes Redressal Commission on account of service deficiency.
Monica Khanna, a resident of Narayanguda along with her husband, Nitin Khanna obtained an online HDFC Life Click to Protect insurance policy in 2014 from the company by paying a premium of Rs 16983 and thereafter paid the subsequent premium from 2014 to 2018.
Nitin was admitted to Global Hospitals in 2018 after he suffered health issues and later passed away leaving behind the complainant, two daughters and his mother.
Monica then claimed insurance by furnishing all the relevant documents which got rejected by the firm that also discarded the reviews submitted by her.
She then resorted to a complaint against the company for deficiency of service and filed a prayer to direct the company to pay Rs 45,00,000 towards the sum assured under the policy.
However, the company filed its written version contending that they repudiated the claim based on the investigation report on the ground of non-disclosure of pre-existing diseases such as diabetes, autoimmune hepatitis with jaundice, and Wilson’s Disease, which the deceased was suffering from.
Later, the Forum directed HDFC Life Insurance Company Limited to pay the assured sum with an interest of 12 percent per annum from the date of claim till actual payment and a sum of Rs 1,00,000 towards compensation for mental agony and costs of Rs 10,000 within a period of 45 days.
A sum of Rs 1,00,000 towards compensation for mental agony and costs of Rs 10,000 within a period of 45 days was also slapped on the insurance firm.
New Delhi: Over 1.6 million cyber attacks were blocked on Indian insurance companies every day in January, a report showed on Monday.
A total of 49,844,877 cyber-attacks were recorded on 114 insurance sector websites.
On average, insurance sector applications face 430,000 attacks each, which is close to the overall average of 450,000 attacks per app across all industries, according to the report by Indusface, an application security SaaS Company funded by TCGF II (Tata Capital).
The report also discovered that 51 per cent of the Indian insurance websites were attacked with DDoS requests which is much higher than the overall average of 30 per cent sites being attacked by DDoS requests.
Apart from the DDoS request attacks, the other key concern for the insurance sector in India is the rise of Bot attacks.
Over 6 million such bot attacks were documented in January.
“The rise of bot attacks on the insurance industry is concerning as these tend to be more sophisticated and surgical. The potential risks that Indian insurers face range from unauthorised access to financial data and other sensitive information, or even the internal systems of the insurance company itself,” said Ashish Tandon, Founder and CEO, Indusface.
The bot attacks mounted by hackers are of three major types — account takeover, card cracking and scraping.
Hackers usually use bot attacks to take over financial accounts and conduct credit card fraud via cracking and scraping.
Apart from the large volumes of sensitive and lucrative information such as credit card details, banking information and personal data of customers, the other key factor driving attacks on Indian insurance companies is the rise of vulnerabilities.
“Most of the insurance companies are on the path to digital transformation in order to cater to digitally savvy consumers. This has increased the number of applications, and the attack surface as well,” said the report.
“It is time to adopt a holistic solution like the AppTrana WAAP, that bundles VAPT, WAF, API Security, DDoS & Bot Mitigation and secure CDN in one platform,” said Tandon.
Crowds of hundreds of older people took to the streets in the Chinese cities of Wuhan and Dalian on Wednesday in escalating protests against changes to the public health insurance system.
The protests were sparked by cuts to monthly allowances paid to retirees under China’s vast public health insurance system. The changes, gradually introduced since 2021, come as local government finances are strained following years of strict and costly zero-Covid policies.
On Wednesday, a crowd of demonstrators rallied in front of a park in the central Chinese city of Wuhan for the second time in a week. Video posted on social media showed security guards by the entrance to a popular scenic spot, Zhongshan park, forming a human chain to prevent more demonstrators from entering. Crowds pushed against officers, while some videos showed people singing the “Internationale”. The song, also an anthem of the Chinese Communist party, has been a feature of some recent protests and been used to accuse the party of straying from its origins.
A separate protest, comprising hundreds of retirees, was also staged outside Wuhan’s city hall. Pictures shared on social media appeared to show local officials meeting some of those demonstrators for negotiations.
Hundreds of people also rallied on Wednesday morning over the same issue more than 1,200km away, in the north-eastern city of Dalian, a witness confirmed to Agence France-Presse.
“Give me back my medical insurance money,” the crowd shouted in one video, which the news agency geolocated to the city’s Renmin square, where a number of local government buildings are situated.
In another video, a large column of police are seen guarding the city government building.
Total numbers of Wednesday’s protesters ranged from hundreds to thousands, across media reports. At last week’s protests witnesses reported some participants being taken away by police. Local residents at the time said the retirees had threatened to take to the streets again on 15 February unless the government responded immediately.
According to social media posts collated by a protest monitoring account, some public institutions in central Wuhan were closed for the day on Wednesday. There also appeared to be an increase in the number of community activities organised for the city’s older people, and some residents alleged security officers were preventing them from leaving their residential buildings, citing “public health insurance reasons”.
“These old people can come out [to protest] not only for themselves but also for future generations,” said one supporter on social media. “Medical and social insurance without a contract is a Ponzi scheme of CCP. If you don’t go on the streets today, your children and grandchildren will become slaves for generations.”
Another said: “If you reduce the basic living allowance for the people, who would trust the government in the younger generation?”
The protests in Wuhan, a city of 11 million people, have been exacerbated by the fact that its officials are largely unaffected by the changes, analysts have said.
“Civil servants and public institution staff are still entitled to subsidised medical assistance insurance on top of the employee health insurance scheme,” political risk consultancy SinoInsider said in a note.
“Senior and retired CCP (Chinese Communist party) cadres have long had access to generous medical treatments at public expense and without having to pay for basic healthcare insurance.”
Local governments could “compromise and meet protester demands early” rather than engage in a drawn-out dispute, the firm added.
On Thursday, China’s state planner and finance ministry announced policies aimed at stimulating spending on housing and unlocking consumer savings that have been built up during the pandemic.
The announcements, reported by state media, also included measures to help older people, improve childcare services and encourage couples to have more children.
Localised protests are not rare in China, but a spate of rallies across multiple cities last year with a shared focus on Covid restrictions and their social impact rattled authorities, who worked quickly to shut them down and arrest participants. There was also speculation that the sudden lifting of zero-Covid restrictions just weeks later was also connected to the protests.
Additional research by Chi Hui Lin
With Agence France-Presse
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( With inputs from : www.theguardian.com )
