Telangana plans ₹1.02 crore accident insurance for all state government employees

The Hindu
The Hindu
5h ago
Telangana Deputy Chief Minister Mallu Bhatti Vikramarka said the state government will introduce ₹1.02 crore accident insurance cover for all government employees in the state.
Telangana plans ₹1.02 crore accident insurance for all state government employees
A What happened
Telangana Deputy Chief Minister Mallu Bhatti Vikramarka announced that the TG Government will introduce an accident insurance cover of ₹1.02 crore for all government employees in the state. He said consultations with leading bankers have been completed to operationalise the process for the accident insurance. He said the government is releasing dues pending since the previous regime in a phased manner on a monthly basis despite financial constraints. He said accident insurance of more than ₹1 crore has already been implemented for employees under Singareni and power utilities, with coverage extended to 38,000 regular employees in Singareni and 71,387 employees working in power utilities.

Key insights

  • 1

    Bank consultations completed for rollout: Vikramarka said consultations with leading bankers have been completed to operationalise the accident insurance process.

  • 2

    Existing coverage in select state entities: Vikramarka said accident insurance of more than ₹1 crore is already implemented for employees under Singareni and several power utilities, with specified employee counts already covered.

Takeaways

The Telangana government plans to extend ₹1.02 crore accident insurance to all state government employees while reporting existing over-₹1 crore coverage for employees in Singareni and power utilities.

Topics

World & Politics Policy & Regulation Governance

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