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Academy Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q1 2025
Academy Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q1 2025

Business Wire

time40 minutes ago

  • Business
  • Business Wire

Academy Asset Management Named to PSN Top Guns List of Best Performing Strategies for Q1 2025

NEW YORK--(BUSINESS WIRE)--Academy Asset Management ('AAM') announced today it has been named to the celebrated PSN Top Guns List of best performing separate accounts, managed accounts, and managed ETF strategies for Q1 2025. The highly anticipated list, published by Zephyr, remains one of the most important references for investors and asset managers. 'We are proud to deliver meaningful impact to the veteran community without compromising returns for our investors.' "Q1 2025 presented a fascinating market narrative marked by significant rotation and global shifts. Success demanded adaptability, deep market understanding, and strategic positioning," says PSN Product Manager Nick Williams. "PSN Top Guns managers demonstrated exceptional skill in navigating these complex dynamics, where value sectors outperformed growth, international markets showed strength, and policy shifts created both challenges and opportunities. Their expertise in reading and responding to these evolving market conditions continues to showcase the enduring value of active management in separately managed accounts." AAM's recognition underscores the strength of one of its flagship offerings: Veteran Lending through the mortgage and asset-backed markets. This strategy delivered strong performance while providing clients with the opportunity to make a meaningful impact by supporting the veteran community through residential mortgages for active-duty service members and veterans, as well as small business loans to veteran-owned enterprises. 'Our mortgage and asset-backed strategy stood out not only for its strong performance, but also for how it navigated market volatility through a disciplined investment process,' said Seth Rosenthal, Chief Investment Officer at AAM. 'We are proud to deliver meaningful impact to the veteran community without compromising returns for our investors.' Through a combination PSN's proprietary performance screens, the PSN Top Guns awards products in six proprietary categories in over 75 universes based on continued performance over time. Academy Asset Management's Veteran Impact ETF (NYSE Arca: VETZ) strategy earned a PSN Top Guns Q1 and 1-Year award, ranking in the top ten returns of the US Fixed Income Universe. For Q1 2025, the strategy ranked #1, and for the 1-Year period ending 3/31/2025, it ranked #5 within the universe. VETZ is the first publicly traded ETF to primarily invest in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. It is an actively managed strategy that primarily invests in MBS guaranteed by government-sponsored enterprises, such as Ginnie Mae. The strategy also invests in pools of small business loans backed by the Small Business Administration (SBA). To learn more about AAM's veteran impact strategy, you can visit The complete list of PSN Top Guns and an overview of the methodology can be located at About Academy Asset Management (AAM) Academy Asset Management is the nation's first post-9/11 veteran-owned and operated institutional asset manager, specializing in fixed-income funds and separately managed accounts. Our leadership and team members bring rigorous military training combined with deep expertise in global capital markets. Mission-driven and guided by a strong ethical foundation, we operate with a high degree of accountability and a relentless focus on our clients' success. Academy Asset Management has offices in New York, Chicago, and San Diego. To learn more, visit About PSN For more than four decades, PSN has been a top resource for investment professionals. Asset managers rely on Zephyr's PSN to effectively reach institutional and retail investors. Over 2,800 firms, 285 universes, and more than 21,000 products comprise the PSN SMA database showing asset breakdowns, compliance, key personnel, ownership diversity, ESG, business objectives and strategy, style, fees, GIC sectors, fixed income ranges and full holdings. Unique to PSN is its robust historical database of over 40 Years of Data Including Net and Gross-of-Fee Returns. PSN Mid-Year Outlook provides insight and trends about the SMA industry. You can view it online here. Visit PSN online to learn more. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 631-0504 or visit our website at Read the prospectus or summary prospectus carefully before investing. Investing involves risk. Principal loss is possible. Agency Small Business Loan & MBS Risk. There is uncertainty as to the current status of many obligations of Fannie Mae or Freddie Mac and other agencies that are placed under conservatorship of the U.S. Government. Fixed income Securities Risk. Typically, the value of fixed income securities changes inversely with prevailing interest rates. Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee. Non-Agency MBS Risk. Non-agency MBS are subject to heightened risks as compared to agency MBS, including that non-agency MBS are not subject to the same underwriting requirements for the underlying mortgages that are applicable to those MBS that have a government or government-sponsored entity guarantee. Prepayment Risk and Extension Risk. Many issuers have a right to prepay their fixed income securities. Repurchase Agreement Risk. Repurchase agreements may be viewed as loans made by the Fund that are collateralized by the securities subject to repurchase. TBA Transactions Risk. The Fund may enter into TBA transactions for MBS. New Fund Risk. As a new fund, there can be no assurance that the Fund will grow or maintain an economically viable size. Investment grade is a rating of fixed-income bonds, bills, and notes by credit rating agencies like Standard and Poor's (S&P), Fitch, and Moody's, which signifies a low risk of default. The rating determines the creditworthiness of companies based on their financial strengths and structure, past data, and growth potential. Companies with good levels of debt, debt repayment, good earning potential, and growth will have good credit ratings. Mortgage-backed securities (MBS) are investment products similar to bonds. Each MBS consists of a bundle of home loans and other real estate debt bought from the banks that issued them. Investors in mortgage-backed securities receive periodic payments similar to bond coupon payments. Bloomberg US Aggregate Bond Index This index (the 'Agg') represents securities that are SEC registered, taxable and U.S. dollar denominated. It covers the U.S. investment grade, fixed-rate bond market, with components for government and corporate securities, mortgage pass-through securities and asset-backed securities. These major sectors are subdivided into more specific indices that are calculated and reported on a regular basis. Bloomberg US Mortgage-Backed Securities (MBS) Index This index measures the performance of investment grade, fixed-rate, mortgage-backed, pass-through securities of the government-sponsored enterprises (GSEs): Federal Home Loan Mortgage Corp. (Freddie Mac), Federal National Mortgage Association (Fannie Mae) and Government National Mortgage Association (Ginnie Mae). Distributed by Foreside Fund Services, LLC. Foreside is not related to Academy.

Vans At Doorsteps To Enrol Sr Citizens
Vans At Doorsteps To Enrol Sr Citizens

Time of India

time6 days ago

  • Health
  • Time of India

Vans At Doorsteps To Enrol Sr Citizens

New Delhi: Delhi govt will deploy mobile vans across all Vidhan Sabha constituencies to enrol beneficiaries under the Ayushman Bharat Vaya Vandana Yojna scheme and start 22 new Ayushman Arogya Mandirs (AAM) as part of the govt's 100-day plan. The govt will complete its 100 days on May 31, when chief minister Rekha Gupta is expected to list the new administration's key initiatives. A senior official said that the govt will start with a van in each Vidhan Sabha constituency, which would assist senior citizens and residents from rural or less tech-savvy backgrounds with the registrations. The official mentioned that the van would travel locally, ensuring door-to-door support for eligible individuals. Officials stated that over 30,000 elderly, aged 70 years and above, in Delhi registered within a week under the Ayushman Bharat Vaya Vandana Yojna, which provides a health cover of Rs 10 lakh. There will be three centres each in central Delhi and New Delhi, four in south-east Delhi, four in west Delhi, six in south-west Delhi, and two each in north Delhi, north-east Delhi, Shahdara, and south Delhi. East Delhi and north-west Delhi will have one each. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo Every AAM clinic will operate with approximately 10 staff members. The team composition includes medical officers, a pharmacist, auxiliary nurse midwives, a laboratory technician, a DOTS laboratory technician (specialising in tuberculosis patient care), a data entry operator, and a cleaner. The BJP govt will celebrate its 100 days in office by presenting a report card of its works at a special event to be organised in the capital next week. Though the exact date, time, and venue for the event are yet to be finalised, sources said the celebrations could be held at Bharat Mandapam. Overall, the govt is set to establish 1,139 AAMs, with approximately 15 such centres to be opened in each assembly constituency. These centres will provide citizens with access to free basic healthcare services. Gupta earlier said that construction work is progressing rapidly at 70 sites, where infrastructure development, installation of medical equipment, and recruitment of staff are being prioritised. Additionally, 968 new sites have been identified where AAMs will be established in the upcoming phases. The chief minister has instructed all district magistrates and chief district medical officers (CDMOs) to ensure regular monitoring of these projects and to complete all the new hospital projects, upgrades, and operational activities within the stipulated timeline. A senior official said that construction work is underway in new hospital projects and upgrades, and all concerned agencies have been instructed to complete the work as soon as possible. Sources in the govt said that besides health, other initiatives from transport and education could also be announced on the day.

Brown Plus Receives 2025 Marketing Achievement Award for Integrated Branding Programs
Brown Plus Receives 2025 Marketing Achievement Award for Integrated Branding Programs

Yahoo

time6 days ago

  • Business
  • Yahoo

Brown Plus Receives 2025 Marketing Achievement Award for Integrated Branding Programs

From the Association of Accounting Marketing FREDERICK, Md., May 27, 2025 /PRNewswire/ -- Leading accounting and advisory firm, Brown Plus, is thrilled to announce that it has received the 2025 Marketing Achievement Award for 'Integrated Branding Programs – Firm Revenue Below $40M' from the Association for Accounting Marketing (AAM). AAM presents the Marketing Achievement Awards (AAM-MAAs) at its annual Summit conference. This year, 16 awards were distributed to accounting firms across the country within various categories, including advertising, branding, business development, events, video and multimedia, website design and innovation. Brown Plus was announced as the winner of the 'Integrated Branding Programs – Firm Revenue Below $40M' category at this year's Summit on Tuesday, May 13, 2025, in Phoenix, Arizona. "We are incredibly honored to receive this national recognition for our Firm's rebrand," said Ken Wolfe, CPA, CGMA, President and Managing Principal at Brown Plus. "From the beginning, our team members, clients and community partners have celebrated our updated brand, and it's been exciting to see such a positive response. While their enthusiasm means the world to us, it's especially affirming to know our rebrand stands out among accounting firm rebrands across the country. This award reinforces that our brand expresses who we are today and where we're headed in a way that resonates with our clients, team and community." To be considered for this year's Integrated Branding Programs AAM-MAA category, Brown Plus submitted information regarding its name change and branding refresh, which went into effect on January 1, 2024. Brown Plus' submission included information regarding the Firm's processes for: Partnering with consulting firms to conduct research; develop the Firm's new name, tagline and brand story, based on research findings; and develop a new visual brand. Designing and launching an updated website, with goals around brand integration; industry-focused marketing; promotion of advisory services; providing a comprehensive resource center for clients and prospects; employer branding; and providing a centralized location for client resources. Navigating the complex legal requirements involved with a name change, as well as its process for updating all marketing collateral with the new name and branding. Reviewing analytics to assess the overall client and community response to the new name and branding. AAM-MAA winners were selected by a panel of seasoned marketing professionals, including many from the Society of Marketing Professional Services (SMPS). Sixty-eight submissions were evaluated this year, based on their ability to achieve specific goals, strategic execution of projects and the generation of measurable outcomes. This rigorous evaluation process ensures that only the most effective and innovative efforts are honored, highlighting the crucial role of strategic marketing and growth programs in accounting firm success. To see a full list of the 2025 AAM-MAA award winners, please visit ABOUT BROWN PLUSBrown Plus is a leading accounting and advisory firm, providing attest, tax and advisory services to clients across the United States. Brown Plus is nationally ranked the 199th largest accounting firm, the #3 Best Accounting Firm to Work For in the mid-sized category and a Top Regional Firm in the Mid-Atlantic. Brown Plus is regionally ranked the #8 Best Company to Work For in Maryland, and the Firm was also named the #1 Best Place to Work in PA in the medium-sized company category for the fifth consecutive year in 2024. Learn more at View original content to download multimedia: SOURCE Brown Plus Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

AuMEGA Metals Commences Diamond Drilling at Cape Ray and Announces Partial Diamond Drill Results from Bunker Hill
AuMEGA Metals Commences Diamond Drilling at Cape Ray and Announces Partial Diamond Drill Results from Bunker Hill

Yahoo

time26-05-2025

  • Business
  • Yahoo

AuMEGA Metals Commences Diamond Drilling at Cape Ray and Announces Partial Diamond Drill Results from Bunker Hill

Key Highlights Diamond Drilling Recommences: Planned up to 10,000 metres of diamond drilling (success dependent) along with mapping, and sampling across high-priority targets at Cape Ray and Bunker Hill. Encouraging Early Drill Results at Bunker Hill West: Diamond drill hole CRD396 intersected 1.84 g/t gold over 1.0 metres including 5.58 g/t gold, 96 g/t silver, and 3.64% lead over 0.3 metres-supporting the presence of a larger mineralised system along the Branch Fault. Multiple Catalysts Ahead: Assays pending from nine diamond holes and 147 RC base-of-till holes - results expected in coming weeks. New Targets Emerging at Cape Ray: Electromagnetic (EM) survey underway targeting structural complexity and graphite-rich rocks; results expected in June to guide Cape Ray West drilling. Strong Treasury of C$13.1 Million in Cash1: Fully funded to deliver one of the largest and most systematic exploration campaigns in AuMEGA's history. Edmonton, Canada--(Newsfile Corp. - May 26, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the launch of its spring field exploration program at the Cape Ray Project, alongside the receipt of partial assay results from its winter diamond drill campaign at Bunker Hill, both located along the Cape Ray Shear Zone (CRSZ) in Newfoundland and Labrador, Canada. With a strong cash position of C$13.1 million as at 31 March 2025, the Company is fully funded to execute one of its most ambitious exploration programs to date. This includes extensive follow-up drilling and fieldwork designed to build on recent discoveries and advance the Company's district-scale land package in what is emerging as Canada's next major gold district. AuMEGA Metal's Managing Director and CEO, Sam Pazuki, commented: "Our spring exploration program is now in full swing, and the results from these activities will further sharpen our understanding of this underexplored yet highly prospective gold district. Initial diamond drilling at Bunker Hill West, particularly hole CRD396, has delivered an encouraging intercept that underscores the potential scale and strength of the mineralised system along the Branch Fault. Combined with historical high-grade outcrops and structural data, these results point to a potentially large and generally untested gold system. "These early successes validate our strategic focus on major structural targets off the Cape Ray Shear Zone and demonstrate the value of integrating RC and diamond drilling to effectively vector into high-potential zones. These are areas never tested, and in many cases never explored. Most previous explorers focused exploration efforts on the main CRSZ and within the current mineral deposit zones at Cape Ray. "Drilling is now active testing for new discoveries along strike of those existing resources at Cape Ray, while also advancing new targets at Cape Ray West with support from airborne geophysics. We continue to plan for up to 10,000 metres of drilling however, the amount of metres drilled will be strictly based on success and weather. The Company may elect to drill more or less as the program evolves. "With a strong treasury of C$13.1 million, we are fully funded to execute one of the largest and most systematic exploration programs in our history. We have mobilised teams across multiple targets, are generating significant new data, and are positioning AuMEGA to make meaningful discoveries in what we believe is emerging as Canada's next major gold belt." Figure 1: AuMEGA Metals Bunker Hill Project To view an enhanced version of this graphic, please visit: Partial Diamond Drilling Results During the shortened winter diamond drill program, AuMEGA Metals completed 15 drill holes totaling 3,673 metres. Drilling focused on two key areas: six stratigraphic drill holes were drilled at the Nitty Gritty target, while the remaining holes tested the structural corridor extending between Nitty Gritty and Bunker Hill West (Figure 2). This includes follow-up diamond drill holes that tested encouraging Reverse Circulation (RC) drill anomalies-most notably hole CRC0284, which previously returned a significant insitu gold anomaly of six metres at 0.42 g/t on a major second order structure off the CRSZ2 (Figure 2). The Company has now received assay results from seven diamond drill holes with the remaining nine drill holes expected to be returned over the coming weeks. One of these drill holes confirmed anomalous gold mineralisation associated with the Branch Fault, a major geological structure first identified and reported by the Company in 20243 (Figure 2). A standout result came from diamond drill hole CRD396, which intersected 1.84 g/t gold over 1.0 metre, including a higher-grade interval of 5.58 g/t gold, 96 g/t silver, and 3.64% lead over 0.3 metres from 10 metres (Figure 3). This intercept lies approximately five kilometres east of the historic 18.7 g/t gold outcrop at the intersection of the Branch Fault and the CRSZ, within the Bunker Hill West target area4. This result reinforces the potential for a larger mineralized gold system along the Branch Fault and establishes a promising vector for future exploration (Figure 4). The Company plans to initiate inaugural drilling at Bunker Hill West in mid-2025, leveraging these results to refine its targeting along the Branch Fault. At the Nitty Gritty target, diamond drill hole CRD392 returned one metre at 0.33 g/t gold from 63 metres within a fault zone, confirming the presence of mineralising fluids within the system (Figure 2). Three other drill holes at Nitty Gritty did not return significant mineralisation, however, it has provided valuable structural and geological context that will inform upcoming drill plans within the broader Nitty Gritty target area. Figure 2: Bunker Hill Drill Program Overview To view an enhanced version of this graphic, please visit: Figure 3: Cross Section of reverse circulation (CRC0284) and diamond (CRD396) drill hole traces To view an enhanced version of this graphic, please visit: Figure 4: RC Results Overview and Bunker Hill West Target Area To view an enhanced version of this graphic, please visit: Bunker Hill Next Steps Assay results remain pending for nine diamond drill holes and all 147 RC base-of-till (BOT) holes completed during the winter program. The Company is actively reviewing received assay data and integrating it with historical datasets to refine its targeting strategy for the upcoming summer drill program, scheduled to commence in mid-2025. When drilling resumes at Bunker Hill, the initial focus will be on Bunker Hill West, a high-priority target area that hosts multiple major geological structures - including the Branch Fault - and is the site of historic high-grade gold samples, including 18.7 g/t gold from outcrop5 (Figure 4). In addition to Bunker Hill West, the Company intends to drill several new targets generated from the winter bottom-of-hole (BOH) program, as well as conduct follow-up drilling at Nitty Gritty, where further structural and lithological targets are being refined. The summer field program will also include detailed mapping and systematic rock and soil sampling across underexplored areas of high prospectivity, including the full 20 kilometres of strike the Company holds along the Branch Fault. The recently staked ground south of the CRSZ at Bunker Hill will also be assessed. Both areas of interest have received limited historical exploration6. Cape Ray Field Exploration AuMEGA has officially launched its spring and summer exploration program at the Cape Ray Project, with a dual focus on expanding the existing resource base and identifying new mineralised bodies along strike several kilometres from current deposits. Diamond drilling along strike of the existing mineral resource has commenced. The total drill program planned for Cape Ray is up to 5,000 metres of drilling. Figure 5: Cape Ray Project Exploration Program Overview To view an enhanced version of this graphic, please visit: As part of this effort, the Company is conducting an EM geophysical survey aimed at delineating structural complexity and identifying graphitic schists-host rocks associated with current mineral resources7 (Figure 5). Results from this airborne EM survey are expected in June, and will be integrated with ongoing geological mapping and sampling efforts, particularly across the Cape Ray West area. This zone remains underexplored yet highly prospective, with the potential to host significant new mineral discoveries. In parallel, field teams have been deployed to map and sample regions where prior exploration returned promising results that were never followed up. These efforts are designed to uncover new targets and deepen the Company's understanding of the broader mineralized corridor. RC drilling is expected to commence shortly while heli-supported diamond drilling at Cape Ray West is scheduled for later in June. With a robust cash position of C$13.1 million as at 31 March 2025, AuMEGA is fully funded to execute its expansive 2025 exploration program, spanning multiple high-potential targets across its district-scale land package. This announcement has been authorised for release by the Company's Board of Directors. This release aligns with the requirements of the National Instrument 43-101. A JORC Table 1 is not required under National Instrument 43-101. The Company has included a JORC Table 1 in the ASX version of the news release which can be found on the ASX website at or AuMEGA Metal's website at To learn more about the Company, please visit or contact: Sam Pazuki, Managing Director & CEOCanada Phone: +1 780 665 4925Australia Phone: +61 8 6117 0478Email: info@ About the Company AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) is utilising best-in-class exploration to explore on its district scale land package that spans 110 kilometers along the Cape Ray Shear Zone, a significant under-explored geological feature recognised as Newfoundland, Canada's largest identified gold structure. This zone currently hosts Calibre Mining's Valentine Gold Project, which is the region's largest gold deposit (+5 million ounces), along with AuMEGA's expanding Mineral Resource. The Company is supported by a diverse shareholder registry of prominent global institutional investors, and strategic investment from B2Gold Corp, a leading, multi-million-ounce a year gold producer. Additionally, AuMEGA holds a 27-kilometre stretch of the highly prospective Hermitage Flexure and has also secured an Option Agreement for the Blue Cove Copper Project in southeastern Newfoundland, which exhibits strong potential for copper and other base metals. AuMEGA's Cape Ray Shear Zone hosts several dozen high potential targets along with its existing defined gold Mineral Resource of 6.1 million tonnes of ore grading an average of 2.25 g/t, totaling 450,000 ounces of Indicated Resources, and 3.4 million tonnes of ore grading an average of 1.44 g/t, totaling 160,000 ounces in Inferred Resources8. AuMEGA acknowledges the financial support of the Junior Exploration Assistance Program, Department of Industry, Energy and Technology, Provincial Government of Newfoundland and Labrador, Canada. Reference to Previous ASX Announcements In relation to this news release, all data used to assess targets have been previously disclosed by the Company and referenced in previous JORC Table 1 releases. Please see announcements dated: Mineral Resource estimate announced on 30 May 2023, Bunker Hill announcements on 16 May 2025, 28 April 2025, 10 April 2025, 25 February 2025, 22 January 2025, 25 November 2024, 15 October 2024, 24 September 2024, 6 April 2023, 22 March 2023,14 April 2021 and 29 October 2020. Cape Ray announcements on 22 January 2025, 11 September 2024, 20 August 2024, 31 July 2024. General announcement dated 3 July 2024. In relation to the Mineral Resource estimate announced on 30 May 2023, the Company confirms that all material assumptions and technical parameters underpinning the estimates in that announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. Competent Person's Statements The information contained in this announcement that relates to exploration results is based upon information reviewed by Mr. Giles Dodds, Exploration Manager for AuMega Metals. Mr. Giles Dodds is a Member of the Australian Institute of Geoscientists (AIG) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code 2012. Mr. Dodds consents to the inclusion in the announcement of the matters based upon the information in the form and context in which it appears. to the inclusion in the announcement of the matters based upon the information in the form and context in which it appears. For the purposes of the TSXV, the information contained in this announcement that relates to exploration results is based upon information reviewed by Mr. Shamus Duff, P. Geo., Project Geologist, Exploration for AuMEGA Metals. Mr. Duff is a Member of the Professional Engineers and Geoscientists of Newfoundland and Labrador (PEGNL) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration. Mr. Duff consents to the inclusion in the announcement of the matters based upon the information in the form and context in which it appears. to the inclusion in the announcement of the matters based upon the information in the form and context in which it appears. 1 As at 31 March 20252 News release dated 6 May 20253 News release dated 4 July 20244 News releases dated 16 May 2025, 10 April 2025, 15 October 2024, 6 April 2023, 22 March 2023 and 14 April 20215 News releases dated 16 May 2025, 10 April 2025, 15 October 2024, 6 April 2023, 22 March 2023 and 14 April 20216 See ASX Announcement 10 April 20257 News release dated 30 May 20238 News release dated 30 May 2023 To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

MCD Sites Outside Jurisdiction, Unidentified Locations Stall AAM Progress
MCD Sites Outside Jurisdiction, Unidentified Locations Stall AAM Progress

Time of India

time24-05-2025

  • Health
  • Time of India

MCD Sites Outside Jurisdiction, Unidentified Locations Stall AAM Progress

New Delhi: A review of 429 sites identified for Ayushman Arogya Mandir (AAM) sub-centres under the PM-ABHIM scheme revealed significant challenges in implementation at some of the sites. Of these Municipal Corporation of Delhi (MCD) locations, 100 fall outside MCD jurisdiction, 61 remain unidentified, with the rest distributed across various MCD departments. These issues came to light during a review meeting held on May 22, chaired by Delhi's Health and Family Welfare secretary. The meeting focused on evaluating the status of building upgrades across land-owning agencies slated for AAM development. MCD officials were directed to submit no-objection certificates (NOCs) and provisional estimates for sites under MCD (health) by May 31, 2025. The initial plan designated 910 locations across govt bodies and PSUs for AAM establishments. This included 429 MCD sites, 91 Delhi govt locations, 109 DDA sites, 39 DJB locations, 56 DOE sites, 95 DUSIB locations, 42 Gram Sabha sites, 10 NDMC locations, 7 BVK sites, and 32 from other organisations. DJB officials reported that several of their 39 allotted sites were located within water treatment facilities, rendering them unsuitable for health centres. NDMC confirmed that site inspections are ongoing, while DDA officials noted that site assessments are still underway. DDA requested detailed AAM establishment guidelines and committed to submitting feasibility reports by May 26, 2025. DUSIB representatives stated that NOCs had been provided for seven sites. However, new authorisations specifically for Ayushman Arogya Mandirs were needed, as earlier NOCs had been issued under the now-repurposed Mohalla Clinic framework. Both MCD and NDMC confirmed the absence of in-house laboratory facilities, and proposed the use of outsourced lab services through Delhi govt health infrastructure. Meanwhile, officials from MCD and NDMC received instructions to complete the construction of 33 AAM by May 29, prior to the formal inauguration set for May 31, which marks the conclusion of the govt's 100-day agenda. The distribution of these 33 centres includes 20 facilities being established in Public Works Department (PWD) structures, including one at the Delhi Secretariat. Additionally, 11 centres will operate from Municipal Corporation of Delhi (MCD) locations, while two will be situated in New Delhi Municipal Council (NDMC) buildings. Health minister Pankaj Kumar Singh announced that the govt aims to establish at least 200 Ayushman Arogya Mandirs in the next two months. Each AAM will provide 12 comprehensive service packages, including maternal and child healthcare, vaccinations, mental health services, elderly care, and treatment for communicable diseases. Officials added that the goal is to set up around 15 AAMs in every assembly constituency to ensure accessible, community-based healthcare for all Delhi residents.

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