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English Release 23-October 2014
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Ministry of Finance06-December, 2012 19:01 IST
Muslim Employees in LIC and other Insurance Companies

 

            Life Insurance Corporation of India (LIC) and General Insurance Public Sector Companies have informed that the total number of Muslim employees in each category in LIC and Public Sector General Insurance Companies is as follows:

 

Category

LIC

Public Sector General Insurance Companies

Class I Officers

530

367

Development Officers(Class II)

609

209

Class III

1355

606

Class IV

190

213

 

            Insurance Regulatory and Development Authority (IRDA) has informed that it has not issued any guidelines to Insurance Companies to start social work and schemes for the betterment of the Muslim Community specifically. However, IRDA has notified IRDA (Obligations of Insurers to Rural and Social Sectors) Regulation 2002 for the purpose of making available insurance to all the population belonging to the vulnerable sections of society including people living below poverty line. Both the groups have geographical and occupational basis encompassing all religious communities.

 

                This was stated by the Minister of State for Finance Shri Namo Narain Meena in a written reply to a question in the Rajya Sabha today.

 

 

 

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DSM/RS/ka


(Release ID :90130)

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