Union Finance Minister Nirmala Sitharaman met the heads of insurance companies to review the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP)
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Sitharaman meets heads of insurance companies to review progress of PMGKP and PMJJBY; calls for faster settlement of claims ANI | Updated: Jun 05, 2021 23:13 IST
The meeting through video conferencing also sought to accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic, under which 1.2 lakh claims of Rs 2,403 crore have been paid since April 1 2020 till date.
Sitharaman stressed the importance of streamlining the process and documentation requirements under the schemes so that the claims are disbursed speedily, said an official statement.
Accoirding to the Ministry of Finance, she observed that under the PMGKP scheme, a total of 419 claims have been paid as of date, amounting to Rs 209.5 crore disbursed in the account of their nominees.
The FM also stressed the importance of streamlining the process and documentation requirements under the schemes so that the claims are disbursed speedily.Duri
Nirmala Sitharaman on Saturday held a review meeting with the heads of insurance companies through Video conferencing to review the progress made under the Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for health workers fighting Covid-19. The Finance Minister asked insurers accelerate the disbursement of pending claims under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) during the pandemic and stressed the importance of streamlining the process and documentation requirements. During the review, Sitharaman observed that under the PMGKP scheme, a total of 419 claims have been paid till date, amounting to Rs 209.5 crore disbursed in the account of their nominees.
Discussions are also likely to be held on simplifying the procedures and documentations needed to settle claims under the schemes in a seamless and time-bound manner.