Published Dec 14, 2023 | 12:49 PM ⚊ Updated Dec 14, 2023 | 12:49 PM
Union Finance Minister Nirmala Sitharaman. Credit: Nirmala Sitharaman/ Facebook
A delegation of the industry body Ambattur Industrial Estate Manufacturing Association (AIEMA) based on Chennai in Tamil Nadu met Union Finance Minister Nirmala Sitharaman on Wednesday, 13 December, over the losses suffered by their members due to Cyclone Michaung recently.
The recent cyclone impacted the coastal part of Southern India, including Tamil Nadu and Andhra Pradesh.
During the meeting, officials of the Department of Financial Services were also present.
“A delegation of the Ambattur Industrial Estate Manufacturing Association met Union Finance Minister Nirmala Sitharaman and officials of Department of Financial Services India today in New Delhi regarding the losses suffered by the industry due to the recent cyclone,” the Finance Ministry said.
In this regard, Public-Sector General Insurance Companies (PSGICs) have been instructed to deploy more surveyors immediately, the finance ministry said in a post on X.
In this regard, Public-Sector General Insurance Companies (#PSGICs) have been instructed to deploy more surveyors immediately.
Further, a special camp would be organised on site from 20th December onwards, for smoother and easier processing of claims.#DFS_India #Michaung
— DFS (@DFS_India) December 13, 2023
Further, a special camp would be organised on site from 20 December, 2023, onward for smoother and easier processing of claims, it said.
“The Union Finance Minister assured the delegation that the Central Government would take all necessary steps to ensure speedy disbursal of eligible insurance claims,” it said.
Industry representatives during their recent interaction with the state government officials had informed them that the damage caused by the cyclone was expected to be over ₹2,000 crore.
(Disclaimer: The headline, subheads, and intro of this report along with the photos may have been reworked by South First. The rest of the content is from a syndicated feed, and has been edited for style.)
