APGLI Government have sanctioned an amount of Rs.75.00

ORDER:

In the reference 1st read above, Government have sanctioned an amount of Rs.75.00

Crores (Rupees Seventy five crores only) for the 3rd quarter of the financial year 2018-2019

towards sanction of loans and settlement if claims to the Policyholders in all 13 District

Insurance Offices in Andhra Pradesh.

2. In the reference 2nd read above, the Director of Insurance has requested to release

Rs.75.00 Crores (Rupees Seventy five crores only) for the 4th quarter of the financial year

2018-19 towards sanction of loans and settlement of claims to the Policyholders in all 13

District Insurance Offices in Andhra Pradesh.

3. After careful examination of the proposal, Government hereby accord sanction for

an amount of Rs.75.00 Crores (Rupees Seventy five crores only) as 4th quarter of the

financial year 2018-19 towards sanction of loans and settlement of claims to the

Policyholders in all 13 District Insurance Offices in Andhra Pradesh under the following

Public Head of Account.