Tuesday, 15 November 2016

G.O.RT.No. 2180, Dated: 15-11-2016. Sanction an amount of Rs.45 Crores towards sanction of Loans and settlement of Claims to the Policyholders of APGLI Department for 3rd Quarter of the financial year 2016-17



    GOVERNMENT OF ANDHRA PRADESH                                   ABSTRACT

APGLI  Department –Sanction an amount of Rs.45 Crores  (Rupees Forty Five Crores) towards sanction of Loans and settlement  of Claims to the Policyholders of APGLI  Department for 3rd  Quarter of the  financial year 20162017– Administrative Sanction – Orders – Issued.

  FINANCE (ADMN-DI&IF) DEPARTMENT        G.O.RT.No. 2180       Dated: 15-11-2016                                                                                     Read the following:-

1.  G.O.Rt.No.1265, Finance (Adm.DI&IF)Dept, dt.5.5.2016.
2.  G.O.Rt.No.1759, Finance (Admn-DI&IF)Deptt, dt: 23.07.2016.
3.  Lr. No. C/LOC/01/AP-DIR/2016-2017, Dt: 04.10.2016 and 06.10.2016 of the Director of Insurance, A.P. Ibrahimpatnam.

                                        <<<O>>>

ORDER:

      In  the reference 3rd read above, the Director of Insurance has   requested to release Rs.45.00  Crores (Rupees Forty Five Crores Only)  for 3rd  Quarter of the Financial Year 2015-16 as the amount sanctioned vide reference 2nd read above has been exhausted for settlement of claims in all   13  District Insurance Offices in Andhra Pradesh.

 2.   After careful  examination of the  above proposal Government hereby accord sanction for  an amount of Rs.45.00 Crores (Rupees  Forty Five crores only) under Public Account, from the BE  provision 2016-17 towards loans and settlement of claims in all 13 District Insurance Offices in  Andhra Pradesh under the following Head of Account.              

M.H   –  8011 - Insurance & Pension Funds.

105   -   State Government Insurance Fund.

S.H-(O1)–A.P., State Government Life Insurance

3.    Fund.  The Director of Insurance,  A.P.,  Ibrahimpatnam shall take necessary action accordingly.    

      (BY ORDER AND IN THE NAME OF THE          GOVERNOR OF ANDHRA PRADESH)                                                      
                              K.SUNITHA 
    SECRETARY TO GOVERNMENT (B&IF) 


      
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