New Delhi, Sep 2 (KNN)  The government on August-1 advised all Public Sector Banks (PSBs) 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 and Development Authority (IRDA) has informed that all life insurance companies have been advised to take up proactive initiatives for settlement of claims,” said Minister of State for Finance, Namo Narain Meena in the Lok Sabha last week.
 
The government had also 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.  (KNN)