Medical inflation due to Covid, govt-induced coverage expansion and age-related shift in slabs are among factors causing a jump in insurance premium amounts.
According to the petition, insurance companies do not cover treatment of mental illness despite a mandate under the Mental Healthcare Act 2017
Insurance regulator Irdai raised third-party insurance premium across categories, with 2-wheelers getting the maximum hike of 21.11 per cent.
Court observation comes on a plea by IDBI officers that LIC proposal will result in IDBI losing status as public sector bank.
Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.
Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.