Disburse 50% Insured Amount To Flood Victims: Uddhav Thackeray Urges Nirmala Sitharaman

The Maharashtra Chief Minister held a meeting with the representatives of 11 insurance companies as well as collectors of the flood-affected districts.

Maharashtra Chief Minister Uddhav Thackeray on Thursday requested Union Finance Minister Nirmala Sitharaman to order the insurance company to disburse 50 per cent the insured amount to the flood-affected people in the state.  Mr Thackeray made this demand in a letter addressed to her. "The representatives of insurance companies have agreed to pay at least 50 per cent amount of the coverage. However, they stressed on obtaining directives or instructions from the Union government to the headquarters of the insurance companies as well as to the IRDA," he said. Mr Thackeray reminded Ms Sitharaman that there has been a precedent that the Centre issues such instructions as seen during the floods in Jammu and Kashmir and Kerala.