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The Government of India, led by Narendra Modi, launched the world's largest health insurance program PMJAY, which is called Modicare, the Asia Times writes. The program provides health insurance to poor and vulnerable Indians at a rate of 500 thousand rupees a year. The healthcare system of Prime Minister Modi also envisages the creation of 150,000 health and wellness centers throughout India. The Prime Minister stressed that the health insurance program is not based on religious or caste principles. Its beneficiaries are more than 100 million poor and unprotected families in 26 Indian states. The expenses of the program, which will cost about 1 billion 600 million dollars a year, will be distributed between the federal government and state governments in the ratio of 60 to 40.
The U.S. Federal Reserve eased another $2 million in emergency loans this week to help struggling U.S. businesses amid the recession. The Fed’s overall asset portfolio reported growth for the second week, holding above $7 trillion. The ...
Glenmark Pharmaceuticals Ltd was given a notice by the Drug Controller General of India (DCGI) on overpricing and false claims of its generic version of favipiravir, FabiFlu, according to local media reports, sending the company’s ...
Alphabet Inc.’s Google (GOOGL) said on Monday that it would not use Fitbit Inc.’s (FIT) health data to target advertisements in an attempt to address the European Union’s antitrust concerns about its proposed acquisition ...
On Monday, world shares edged towards a five-month high and the U.S. dollar decreased in late trading as investors anticipated that the earnings season would see most companies beat revenue forecasts in light of the lifted coronavirus restrictions. The ...
U.S. President Donald Trump’s administration said on Monday that the small business pandemic aid program worth $660 billion was as a “wild success.” The data showed that 51 Million jobs for America’s small businesses ...
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