LIC gives Ambulance support to Sahaj Marg Spirituality Foundation’s Hospital
Sri Puneet Kumar, LIC Zonal Manager, Life Insurance Corporation of India (LIC) has today handed over an ambulance to the Sahaj Marg Spirituality Foundation’s Hospital, on behalf of LIC’s Golden Jubilee Foundation, in a function held at the hospital in Chegur Village of Kothur Mandal in the outskirts of Hyderabad. The Foundation is the world’s largest meditation Center and LIC is supporting their activities by providing an ambulance through their LIC’s Golden Jubilee Foundation.
Dr Kishore Sabbu, in-charge of the Hospital received the Ambulance on behalf of the Trust. The Twenty-bed hospital has eight specialist doctors who provide medical service to the villagers of Chegur. In 30 KM radius of the village, this is the only hospital where all medical facilities are available in one place. The Trust’s hospital is providing health-care at a nominal cost and also at free of cost to the deserving. Dr Kishore Sabbu explained that at least 8 to 10 times in a month they need an ambulance to shift the ailing and this need is now fulfilled with huge support from LIC.
Sri Puneet Kumar, LIC Zonal Manager explained that looking at the large scale activities that the Foundation is undertaking for the welfare of the society, a decision is taken to support with an ambulance. He said that LIC has created LIC Golden Jubilee Foundation with initial corpus of Rs 100 Crores and is now increased to Rs 1000 Crores. The interest accrued is spent on social services activities and by way of scholarships to students.
Dr Kishore Sabbu and Br Vamsi Challagulla thanked LIC for the support given. Sri GBV Ramaiah, Sri Pramod Kumar Sahoo and other senior officials from LIC were present on this occasion.
Dated at Hyderabad on 15th October, 2024.
For further information, please contact: Regional Manager (CC),
LIC of India, South Central Zonal Office, Hyderabad.
eMail: scz_cc@licindia.com.
Visit us at www.licindia.in
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Karnataka offers extensive incentives in its proposed IT policy
Bengaluru (PTI): Karnataka has proposed a new Information Technology Policy for 2025–2030, offering extensive financial and non-financial incentives aimed at accelerating investments, strengthening innovation and expanding the state's tech footprint beyond Bengaluru.
The Karnataka Cabinet gave its nod to the policy 2025–2030 with an outlay of Rs 445.50 crore on Thursday after the Finance Department accorded its approval.
The policy introduces 16 incentives across five enabler categories, nine of which are entirely new, with a distinctive push to support companies setting up or expanding in emerging cities.
Alongside financial support, the government is also offering labour-law relaxations, round-the-clock operational permissions and industry-ready human capital programmes to make Karnataka a globally competitive 'AI-native' destination.
According to the policy, units located outside Bengaluru will gain access to a wide suite of benefits, including research and development and IP creation incentives, internship reimbursements, talent relocation support and recruitment assistance.
The benefits also include EPF reimbursement, faculty development support, rental assistance, certification subsidies, electricity tariff rebates, property tax reimbursement, telecom infrastructure support, and assistance for events and conferences.
Bengaluru Urban will receive a focused set of six research and development and talent-oriented incentives, while Indian Global Capability Centres (GCCs) operating in the state will be brought under the incentive net.
Incentive caps and eligibility thresholds have been raised, and the policy prioritises growth-focused investments for both new and expanding units.
Beyond incentives, the government focuses on infrastructure and innovation interventions.
A flagship proposal in the policy is the creation of Techniverse -- integrated, technology-enabled enclaves developed through a public-private partnership model inside future Global Innovation Districts.
These campuses will offer plug-and-play facilities, artificial intelligence and machine learning and cybersecurity labs, advanced testbeds, experience centres, and disaster-resistant command centres.
There will also be a Statewide Digital Hub Grid and a Global Test Bed Infrastructure Network, linking public and private research and development, and innovation facilities across Karnataka.
The government has proposed a Women Global Tech Missions Fellowship for 1,000 mid-career women technologists, an IT Talent Return Programme to absorb experienced professionals returning from abroad, and broad-based skill and faculty development reimbursements.
Shared corporate transport routes in Bengaluru and tier-two cities will be designed with Bengaluru Metropolitan Transport Corporation and other transport entities to support worker mobility.
The government said the policy is the outcome of an extensive research and consultation process involving TCS, Infosys, Wipro, IBM, HCL, Tech Mahindra, Cognizant, HP, Google, Accenture and NASSCOM, along with sector experts and stakeholder groups.
It estimates an outlay of Rs 967.12 crore over five years, comprising Rs 754.62 crore for incentives and Rs 212.50 crore for interventions such as Techniverse campuses, digital grid development, global outreach missions and talent programmes.
