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IRDAI moots Model Insurance Village concept to boost insurance in rural India

IRDAI moots ‘Model Insurance Village’ concept to boost insurance in rural India Top Searches IRDAI moots ‘Model Insurance Village’ concept to boost insurance in rural India Swati Rathor / TNN / Updated: May 6, 2021, 13:57 IST FacebookTwitterLinkedinEMail Hyderabad: To boost insurance penetration in rural areas, the Insurance Regulatory and Development Authority of India (IRDAI) has mooted the concept of ‘Model Insurance Village’ (MIV). As part of this, IRDAI has asked insurance companies to set up MIVs in 500 villages across the country in the first year and gradually scale this up to 1,000 villages in the subsequent two years. In these model villages, insurance companies will have to work towards covering the entire populations and their properties, farms, machineries, vehicles and different village-level services, among others.

Bajaj Allianz FY21 net profit grows 33% to Rs 1,330 crore

Bajaj Allianz FY21 net profit grows 33% to Rs 1,330 crore Tapan Singhel, the managing director director & chief executive of Bajaj Allianz General Insurance said, adding for FY21 we booked a net profit of Rs 1,330 crore and an underwriting profit of Rs 237 crore PTI | May 3, 2021 | Updated 22:32 IST The solvency ratio stood at 345 per cent, up from 254 per cent in FY20, as against the regulatory mandate of 150 per cent Bajaj Allianz General Insurance, which has just completed 20 years of operations and never reported any annual losses, has reported a massive 33.2 per cent growth in net profit at Rs 1,330 crore for the year to March 2021 compared to that of Rs 999 crore in the previous year.

Director Agriculture Jammu kick starts Kharif-2021 Campaign

Director Agriculture Jammu kick starts Kharif-2021 Campaign Director Agriculture Jammu kick starts Kharif-2021 Campaign New varieties of Basmati distributed among farmers JAMMU,  APRIL 17:  Director Agriculture, Jammu, K. K. Sharma  today kick started the Kharif 2021 campaign by conducting multiple interactions with the farmers in Sub-Division Marh and Sub Division Samba. The visit was conducted to gear up the departmental activities at grassroots level in view of the upcoming Kharif season. The team of officer including Joint Director Agriculture (Extension), Shahid Iqbal Sheikh, Chief Agriculture Officer Jammu, A.S. Reen, DAO (Extension), Vinod Sharma, Sub-Divisional Agriculture Officer Marh, Ashwani Kumar Jojra, AEO Pounichak, Tirth Singh and AEO Marh, Vikram Katayal accompanied the Director during the visit.

Director Agriculture Jammu kick starts Kharif-2021 Campaign; New varieties of Basmati distributed among farmers

Share Jammu: Director Agriculture, Jammu, K. K. Sharma today kick started the Kharif 2021 campaign by conducting multiple interactions with the farmers in Sub-Division Marh and Sub Division Samba. The visit was conducted to gear up the departmental activities at grassroots level in view of the upcoming Kharif season. The team of officer including Joint Director Agriculture (Extension), Shahid Iqbal Sheikh, Chief Agriculture Officer Jammu, A.S. Reen, DAO (Extension), Vinod Sharma, Sub-Divisional Agriculture Officer Marh, Ashwani Kumar Jojra, AEO Pounichak, Tirth Singh and AEO Marh, Vikram Katayal accompanied the Director during the visit. Distribution of Trial Kits of newly released varieties of Paddy Basmati (SJBR 118,123,138) among the farmers at Pounichak marked the launch of Kharif campaign. Also Paddy Threshers were handed over to PRI Member of every panchayat of the Pounichak zone free of cost as part of Lieutenant Governor of JK UT, Manoj Sinha’s announcement regarding pr

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