The government has raised the compensation to the kind of victims of Hit and Run Motor accidents to 2 lakh rupees in case of death which is an eight-fold increase from the current cap of 25 thousand rupees.
The Union Cabinet has approved an amendment to the FDI Policy to allow FDI up to 20 percent under the "automatic route" in LIC. This comes ahead of IPO of LIC. It must be noted that the FDI limit in the insurance sector is 74 percent. Last year it was raised from 49% to 74%.
As the next phase of e-governance, the Ministry of Electronics and Information Technology (MeitY) initiated a new project namely 'Digital Government Mission' to speed up citizen services delivery is Ashwini Vaishnaw.
EXAMIANS