Sunday, February 22, 2026
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

lic ipo: Reports related to LIC IPO claiming massive Covid deaths in 2021 speculative: Govt

by Euro Times
February 19, 2022
in Finance
Reading Time: 2 mins read
A A
0
Home Finance
Share on FacebookShare on Twitter


The federal government Saturday dismissed as “speculative” media reviews associated to LIC IPO information claiming that Covid-related deaths in 2021 could possibly be a lot increased than these recorded formally.

The nation endured the devastating second wave of the pandemic throughout 2021 April and Might.

The Union Well being Ministry stated on Saturday that India has a really clear and environment friendly system of reporting COVID-19 deaths, proper from the gram panchayat stage to the district and the state stage.

The method of reporting deaths is monitored and carried out transparently, it stated in a press release.

It stated that the media report associated to IPOs proposed to be issued by the LIC has talked about the main points of insurance policies and claims settled by the insurer to make a “speculative and biased” interpretation that Covid-related mortalities could possibly be greater than these recorded formally.

“It’s clarified that these reviews are speculative and baseless,” it stated.

Whereas claims settled by LIC relate to life insurance coverage insurance policies taken by coverage holders for deaths as a result of all causes, the information reviews conclude that this may indicate Covid deaths had been underreported, the assertion stated.

“A flawed interpretation like this isn’t primarily based on information and highlights the bias of the creator.”

It additionally reveals a lack of knowledge of how Covid deaths in India have been collated and printed every day in public area because the starting of pandemic, it acknowledged.

The federal government has adopted a globally recognised categorisation to categorise Covid deaths with the only real goal of reporting deaths in a clear method, it stated.

Within the mannequin so adopted, the compilation of the overall deaths is undertaken by the Centre primarily based on the unbiased reporting by the states, the assertion stated.

Moreover, the federal government has repeatedly exhorted states to periodically replace their mortality figures as this train would intensify the efforts of public well being response to COVID-19 by giving a real image of the pandemic, it stated.

Along with this, it have to be famous that there’s an added incentive in India to report COVID-19 deaths because it entitles one to financial compensation which additional makes the chance of underreporting scarce, the assertion stated.

Due to this fact, leaping on any conclusion relating to underreporting of deaths is tantamount to mere hypothesis and conjecturing, it added.

“Thus, it’s highlighted that quoting points as delicate as demise throughout a worldwide public well being disaster like pandemic Covid -19 must be handled utmost sensitivity and authenticity,” the assertion stated.

India has a sturdy Civil Registration System (CRS) and Pattern Registration System (SRS) which was in place even earlier than the COVID-19 pandemic and covers all states and union territories, the federal government stated.

Additionally it is highlighted that the registration of deaths within the nation has a authorized backing, it stated, including the registration is finished below the Registration of Births and Deaths Act (RBD Act, 1969) by functionaries appointed by state governments.

Thus, information generated by way of CRS has utmost credibility and must be used moderately than relying on unauthenticated information, the assertion stated.



Source link

Tags: claimingCoviddeathsgovtipolicmassiverelatedReportsspeculative
Previous Post

Separatist leaders in eastern Ukraine announce full military mobilisation

Next Post

Russia Behind DDoS Cyberattacks That Took Down Ukraine Banks: US, UK

Related Posts

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

by Reuben Gregg Brewer, The Motley Fool
February 22, 2026
0

When you're in any respect within the pharmaceutical sector, it's possible you'll be overwhelmed by the chance for GLP-1 weight-loss...

Cocoa Prices Settle Higher as Dollar Weakness Induces Short Covering

Cocoa Prices Settle Higher as Dollar Weakness Induces Short Covering

by Barchart
February 21, 2026
0

March ICE NY cocoa (CCH26) on Friday closed up +112 (+3.77%), and March ICE London cocoa #7 (CAH26) closed up...

SBI actively investing in startup-focused funds to strengthen MSME ecosystem, says MD Ravi Ranjan

SBI actively investing in startup-focused funds to strengthen MSME ecosystem, says MD Ravi Ranjan

by Euro Times
February 21, 2026
0

Mumbai: State Financial institution of India (SBI) is actively investing in startup-focused funds and monetary market infrastructure by means of...

Supreme Court’s Trump tariff decision: five takeaways

Supreme Court’s Trump tariff decision: five takeaways

by Jeff Cox
February 22, 2026
0

U.S. President Donald Trump gestures as he speaks throughout a press briefing on the White Home, following the Supreme Courtroom's...

Charlie Munger said saving 0K creates the fast track to wealth, but here’s why just 20K can set you up for success

Charlie Munger said saving $100K creates the fast track to wealth, but here’s why just 20K can set you up for success

by Moneywise
February 21, 2026
0

JOHANNES EISELE / Getty Moneywise and Yahoo Finance LLC might earn fee or income by hyperlinks within the content material...

Four-Letter Economic Words | Mises Institute

Four-Letter Economic Words | Mises Institute

by Mark Thornton
February 22, 2026
0

On this episode, Mark Thornton provides a sensible “seven-word” framework for navigating financial life, particularly when coverage chaos and uncertainty...

Next Post
Russia Behind DDoS Cyberattacks That Took Down Ukraine Banks: US, UK

Russia Behind DDoS Cyberattacks That Took Down Ukraine Banks: US, UK

‘Naive’ govt policy poses ‘catastrophic’ security risk – media — RT World News

‘Naive’ govt policy poses ‘catastrophic’ security risk – media — RT World News

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

February 22, 2026
U.S. Secret Service says agents killed man who entered secure perimeter at Trump’s Mar-a-Lago

U.S. Secret Service says agents killed man who entered secure perimeter at Trump’s Mar-a-Lago

February 22, 2026
Samsung and Apple are putting the variable aperture on the wrong camera

Samsung and Apple are putting the variable aperture on the wrong camera

February 22, 2026
‘Done deal’: CM Himanta Biswa Sarma on NDA seat-sharing for Assam polls

‘Done deal’: CM Himanta Biswa Sarma on NDA seat-sharing for Assam polls

February 22, 2026
Top analysts are bullish on the growth potential of these 3 stocks

Top analysts are bullish on the growth potential of these 3 stocks

February 22, 2026
Cars have a lot to say about their owner’s identity : NPR

Cars have a lot to say about their owner’s identity : NPR

February 22, 2026
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Could Merck Stock Quietly Help Turn Steady Dividends Into a Millionaire Retirement?

U.S. Secret Service says agents killed man who entered secure perimeter at Trump’s Mar-a-Lago

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In