The
Government has advised all Public Sector Banks (PSBs) on 1st August, 2013 to
announce moratorium on repayment of loan and interest for a period of one year
in respect of all kinds of loans that are outstanding in Uttarakhand. Insurance
Regulatory & Development Authority (IRDA) has informed that all life
insurance companies have been advised to take up proactive initiatives for
settlement of claims. Government has issued specific directives to Life Insurance
Corporation of India (LIC) to accept a certificate issued by the Government
concerned with regard to persons missing. Further, Public Sector General
Insurance Companies have also set up ‘Apda Rahat’ camps to facilitate lodging
of claims of affected persons and property.
This
was stated by Minister of State for Finance, Shri Namo Narain Meena in written
reply to a question in Lok Sabha today.
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