Srinagar, Feb 5 : The occupied Jammu and Kashmir is going to be the first state to
provide insurance cover to the Panchayat representatives.
Sources said
that four insurance companies are vying for the contract.
To mention
after the mass resignations by the Panchayat representatives fearing for their
lives, the government assured two concessions to them: Monthly honorarium and
life insurance cover.
Sources said that four insurance agencies in the
race to get the contract for providing cover to nearly 34,000 Panchs and
Sarpanch across JK include Life Insurance Corporation (LIC) and New India
Assurance.
Sources said that government has made up its mind to go ahead
with this project of insuring grassroots level representatives “who have been
facing constant threat of their lives.”
Sources said that a high- level
team of government officials will scrutinize the submissions and issue formal
tenders and ink the pact with the insurance companies.
Pertinently, for
the insurance cover government has sought expressions of interest from insurance
companies.
Official sources said the idea is to have a full insurance
cover from the date of issuance of the policy till the end of the present tenure
that ends in latter 2016.
Curiously, since JK is going to be the first
state that is seeking insurance to its PRI members, the bidding insurers will
have to create a special and specific product to have this
business.
Pertinently, the development has come after the five Sarpanchs
were killed and scores of Panchs were injured in a series of attacks which led
to fear among the representatives many among whom then offered
resignations.
Ends
SA/EN
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