Key insights
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1
Bank consultations completed for rollout: Vikramarka said consultations with leading bankers have been completed to operationalise the accident insurance process.
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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.