NEW DELHI: Government’s social safety frame Employees’ State Insurance Corporation ,ESIC) on Sunday authorized a suggestion to take a position its surplus price range within the inventory marketplace via trade traded price range (ETFs).
The determination used to be taken within the 189th assembly of ESIC hung on Sunday at ESIC headquarters underneath the chairmanship of Union exertions minister Bhupender Yadava exertions ministry commentary mentioned.
Due to slightly low returns on investments in quite a lot of debt tools coupled with the want to diversify funding, ESIC gave its acclaim for investments of surplus price range in equities limited to ETFs.
The funding will get started with 5 in keeping with cent of surplus price range and can building up as much as 15 in keeping with cent, in response to the evaluation of the funding after two quarters, it said.
The funding will likely be confined to Exchange Traded Funds on Nifty and Sensex. It will likely be controlled by means of fund managers of asset control firms (AMSs), the commentary mentioned.
Equity investments will likely be monitored by means of the present custodian, exterior concurrent auditor and marketing consultant taking a look after the debt investments, it mentioned.
Acknowledging the rise within the choice of insured staff and their dependents coming underneath the ambit of ESI Scheme, Yadav directed ESIC to concentrate on strengthening the infrastructure.
He additional knowledgeable that the ‘Nirman Se Shakti’ initiative has been began to enhance and modernize the infrastructure of ESIC hospitals and dispensaries in a phased means.
During the assembly, Rameswar Teli, Minister of State for Labor and Employment, knowledgeable that the newest applied sciences are proposed to be followed by means of ESIC for building and tracking of tasks the use of drones and an internet real-time dashboard.
In order to make stronger the healthcare advantages and repair supply mechanism and enhance the infrastructure of ESIC in opposition to managing the expanding choice of insured staff, ESIC authorized the proposals for putting in a brand new 100-bed ESIC health facility at Shyamlibazar in Agartala, Tripura and a 100- mattress health facility at Idukki, Kerala.
The hospitals at Agartala and Idukki will cater to the scientific wishes of round 60,000 beneficiaries each and every.
Considering the numerous building up within the choice of applicants for admissions in ESIC scientific establishments, the company authorized the proposal of accelerating the choice of seats underneath the insured individuals (IPs) class in two of its ESIC nursing schools at Gulbarga and Bengaluru.
Further, the ESI Corporation additionally authorized the proposal to start out Ph.D, MDS, nursing and paramedical classes at its scientific establishments unfold around the nation, it said.
ESIC additionally gave in-principal acclaim for execution of Annual Repair Maintenance & Operational paintings (ARMO) and Special Repair (SR) works by means of the engineering wing underneath the Project Management Division (PMD) of ESI Corporation.
It used to be additionally made up our minds to execute the capital works in ESIC via central/ state public sector devices (PSUs) but even so CPWD. A recent empanelment of such central/state PSUs will likely be invited by means of the ESIC in the end.
Two winners of the architectural design festival for a proposed 500-bed ESIC health facility at Manesar had been felicitated by means of the Union exertions minister with a prize cash of Rs 2 lakh and Rs 1.5 lakh, respectively.
The design festival used to be introduced when the basis stone used to be laid for the health facility. Similar competitions are being arranged for the proposed ESIC hospitals at Sanand and Kalol in Gujarat.
The determination used to be taken within the 189th assembly of ESIC hung on Sunday at ESIC headquarters underneath the chairmanship of Union exertions minister Bhupender Yadava exertions ministry commentary mentioned.
Due to slightly low returns on investments in quite a lot of debt tools coupled with the want to diversify funding, ESIC gave its acclaim for investments of surplus price range in equities limited to ETFs.
The funding will get started with 5 in keeping with cent of surplus price range and can building up as much as 15 in keeping with cent, in response to the evaluation of the funding after two quarters, it said.
The funding will likely be confined to Exchange Traded Funds on Nifty and Sensex. It will likely be controlled by means of fund managers of asset control firms (AMSs), the commentary mentioned.
Equity investments will likely be monitored by means of the present custodian, exterior concurrent auditor and marketing consultant taking a look after the debt investments, it mentioned.
Acknowledging the rise within the choice of insured staff and their dependents coming underneath the ambit of ESI Scheme, Yadav directed ESIC to concentrate on strengthening the infrastructure.
He additional knowledgeable that the ‘Nirman Se Shakti’ initiative has been began to enhance and modernize the infrastructure of ESIC hospitals and dispensaries in a phased means.
During the assembly, Rameswar Teli, Minister of State for Labor and Employment, knowledgeable that the newest applied sciences are proposed to be followed by means of ESIC for building and tracking of tasks the use of drones and an internet real-time dashboard.
In order to make stronger the healthcare advantages and repair supply mechanism and enhance the infrastructure of ESIC in opposition to managing the expanding choice of insured staff, ESIC authorized the proposals for putting in a brand new 100-bed ESIC health facility at Shyamlibazar in Agartala, Tripura and a 100- mattress health facility at Idukki, Kerala.
The hospitals at Agartala and Idukki will cater to the scientific wishes of round 60,000 beneficiaries each and every.
Considering the numerous building up within the choice of applicants for admissions in ESIC scientific establishments, the company authorized the proposal of accelerating the choice of seats underneath the insured individuals (IPs) class in two of its ESIC nursing schools at Gulbarga and Bengaluru.
Further, the ESI Corporation additionally authorized the proposal to start out Ph.D, MDS, nursing and paramedical classes at its scientific establishments unfold around the nation, it said.
ESIC additionally gave in-principal acclaim for execution of Annual Repair Maintenance & Operational paintings (ARMO) and Special Repair (SR) works by means of the engineering wing underneath the Project Management Division (PMD) of ESI Corporation.
It used to be additionally made up our minds to execute the capital works in ESIC via central/ state public sector devices (PSUs) but even so CPWD. A recent empanelment of such central/state PSUs will likely be invited by means of the ESIC in the end.
Two winners of the architectural design festival for a proposed 500-bed ESIC health facility at Manesar had been felicitated by means of the Union exertions minister with a prize cash of Rs 2 lakh and Rs 1.5 lakh, respectively.
The design festival used to be introduced when the basis stone used to be laid for the health facility. Similar competitions are being arranged for the proposed ESIC hospitals at Sanand and Kalol in Gujarat.