Saturday, January 23, 2016

APGLI Department amount of 13.25 crores sanction of Loans and settlement of Claims to the Policyholders.

AP G.O.NO:79 APGLI Department –Sanction an amount of 13.25 crores towards sanction of Loans and settlement of Claims to the Policyholders financial year 2015-2016.

Andhra Pradesh AP APGLI Department –Sanction an amount of 13.25 crores towards sanction of Loans and settlement of Claims to the Policyholders of APGLI Department for the financial year 2015-2016– Administrative Sanction – Orders – Issued.


FINANCE (ADMN-DI&IF) DEPARTMENT

G.O.RT.No. 79 Dated: 23-01-2016
   Read the following:-


  1. 1.G.O.Rt.No.1618, Finance (Admn.II) Department dt: 06.05.2015.
  2. 2.G.O.Rt.No.2139, Finance (Admn.II) Department dt: 31.07.2015.
  3. 3.G.O.Rt.No.2653, Finance (Admn.DI&IF) Department dt: 13.10.2015.
  4. 4.Lr. No. C/LOC/01/AP-DIR/2015-2016, Dt. 29.12.2015 of the Director of APGLI Department, A.P. Hyderabad.


ORDER:

1.In continuation of Administrative sanction orders vide references 1st to 3rd read above, the Director of Insurance in reference 4th read above has requested to release 4th quarter provision for an amount of Rs. 13.25 crores (Rupees Thirteen Crores and twenty five lakhs only) towards sanction of Loans and settlement of Claims to the Policyholders of APGLI Department for the Financial Year 2015-16.

2.Government, after careful examination of the above request, hereby accord sanction for an amount of 13.25 crores (Rupees Thirteen Crores and twenty five lakhs only) towards 4th Quarter debitable to 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 Fund.


3.The Director of Insurance (FAC), A.P. Hyderabad 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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