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Private insurance firms got Rs 46 cr premium in 2 yrs: RTI

Sunday, July 21, 2019, 1:48 PM

Private insurance companies received a premium of around Rs.46 crore in the last two years from railway and its passengers while making a payout of only Rs.7 crore in claims under the national transporter's travel insurance scheme, an RTI has found. Insurance companies received 206 claims in the two years, while 72 were rejected, said the source.
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LIC offers Rs 1.25L-cr line of credit to fund projects: Nitin Gadkari

Sunday, July 21, 2019, 1:37 PM

As part of innovative modes of financing to meet India's huge infrastructure appetite, insurance giant LIC has agreed to offer Rs.1.25 lakh crore line of credit by 2024, to fund highway projects, Union Minister Nitin Gadkari said. The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs.8.41 lakh crore.
 
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Give "Promised Rs. 15L Black Money" To People: Mamata Banerjee To BJP

Sunday, July 21, 2019, 1:33 PM

The BJP should give its "promised Rs.15L black money" to people, West Bengal Chief Minister Mamata Banerjee said today at the mega Martyrs' Day rally in Kolkata. Ms Banerjee, who is expected to kick off the campaign for state elections at the rally today, attacked the BJP and said: "You are asking the TMC for cut money? Give us back Rs.15L which you promised."

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