The initiative, a collaboration between two leading insurance companies in the UAE, promises compensation ranging from Rs.8 lakh (Dh35,000) to Rs.17 lakh (Dh75,000) for families of employees in case of death due to natural or accidental causes
The cumulative total of State government’s debt was Rs.7 lakh crore and the same was being explained to the people, he said, adding that corporations were established to bypass FRBM rules and secure more loans.