The states, Country in North America

New Delhi, June 5 Finance Minister Nirmala Sitharaman met the heads of insurance companies through video conferencing on Saturday to review the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP) insurance scheme for health workers fighting the Covid-19 and also to accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic.The FM also stressed the importance of streamlining the process and documentation requirements under the schemes so that the claims are disbursed speedily.During the review, the Finance Minister observed that under the PMGKP scheme, a total of 419 claims have been paid as on date, amounting to Rs 209.5 crore disbursed in the account of their nominees.To address the issue of delays arising out of states sending documents, the Finance Minister said that a new system has been put in place whereby a simple certificate from the District Magistrate (DM) and endorsed by the nodal state health authority will be sufficient to process these claims.She also appreciated the efforts of New India Assurance Co which has been entrusted to manage the scheme and cited the example of Ladakh where a claim was settled within four hours of receiving the DM certificate and urged to maintain a similar approach in future.The Finance Minister also directed the states to take up Covid claims of health workers on priority and make maximum use of this simplified mechanism that has been put in place.Sitharaman further observed that under PMJJBY, a total of 4.65 lakh claims have been paid of value Rs. 9,307 crore and since the beginning of the pandemic i.e., April 1, 2020 onwards till date, 1.2 lakh claims have been paid amounting to Rs 2,403 crore, at a disposal rate of 99 per cent.The Finance Minister emphasised that insurance company officials should continue being sympathetic while providing services to nominees of deceased policy holders, especially during pandemic period. She also appreciated the recent efforts made by insurance companies and banks in speedy processing of claims.During the review, Sitharaman also took stock of the disposal of claims made under PMSBY scheme and said that a total of 82,660 claims have been paid of value Rs 1,629 crore as on May 31, 2021.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

The States, NewsFOLLOW

The states, Latest News

The Health Ministry on Monday said it had written to states for providing relaxation to some specified categories including Olympic-bound athletes and students needing foreign travel for education, in getting the second dose of Covishield from the st ...

New Delhi, June 7 Hours after Prime Minister Narendra Modi announced free vaccination for all above 18 years ... ...

Shimla, June 7 Himachal Pradesh Urban Development Minister Suresh Bhardwaj said on Monday that Prime Minister Narendra Modi's ... ...

The United States needs to delve deeper into the origins of COVID-19 and hold China accountable, said Secretary of State Antony Blinken in an interview aired on Sunday amid calls for a fresh probe into the origins of the virus. ...

New Delhi, June 6 Amid reports of vaccine shortage in some states, the Centre on Sunday said that ... ...

US President Joe Biden has said the United States and Europe can work in close coordination on global challenges, and market democracies, not China, should write global rules governing trade and technology. ...

Odisha reported 7,002 new COVID-19 cases in the last 24 hours, according to the state health department. ...

New Delhi, June 5 Finance Minister Nirmala Sitharaman met the heads of insurance companies through video conferencing on ... ...