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Govt yet to choose PSU general insurers to be privatised: Karad

Govt yet to choose PSU general insurers to be privatised: Karad

by AIP Online Bureau | Mar 21, 2022 | Indian News, Non-Life, Policy

Bhagwat Karad, minister of state, ministry of finance As per inputs received from Department of investment and Public Asset Management(DIPAM), the government has not yet decided on the public sector general insurance companies that are to be privatised The government...
Govt to infuse Rs 5000 crore capital into 3 PSU general insurers this fiscal, higher wages for employees soon

Govt to infuse Rs 5000 crore capital into 3 PSU general insurers this fiscal, higher wages for employees soon

by AIP Online Bureau | Mar 14, 2022 | Indian News, Non-Life, Policy

Due to the deficit capital situation faced by three three general insurers- Oriental Insurance Company, United India Insurance and National Insurance Company, the government has not been able to approve the due wage revision of employees of PSU general insurance...
No proposal to merge public sector general insurance companies: MoS Karad

No proposal to merge public sector general insurance companies: MoS Karad

by AIP Online Bureau | Nov 30, 2021 | Banking & Bancassurance, Indian News, Non-Life, Policy

Minister of State for Finance Bhagwat K Karad In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies. New...
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