The labour ministry has implemented a decision of retirement fund body EPFO's trustees to hike the maximum sum assured payable under the Employees' Deposit Linked Insurance Scheme, 1976 to Rs 7 lakh from the existing Rs 6 lakh.
Amid scare of Covid-19 second wave which forced the States and Union Territories to impose lockdown like curbs, the Government set a record rice production target of 104.3 million tonne for the kharif season of 2021-22 crop year.