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Govt indicates merger of three public sector general insurers

“We don’t want four government owned general insurers competing each other. We would prefer two general insurance companies in the market. That means three of the public sector general insurance companies should merge first and then go for listing ,’’ said Ravi, Mittal, additional secretary,Ministry of Finance.

Budget 2018:Rs 5 lakh healthcare cover for 10 crore poor families for free

“We are now launching a flagship national health protection scheme to cover 10 crore poor and vulnerable families. This is approximately 50 crore beneficiaries, by providing them up to Rs 5 lakh per family per year for secondary and tertiary care hospitalisation,” Jaitley said presenting the 2018-19 Union Budget. 

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