Like our Facebook Page

news details

JK Govt puts Reliance on notice for termination of contract, response awaited Employees' mediclaim policy 12/4/2018 11:09:29 PM Early Times Report Jammu, Dec 4: Amid suspense over the status of infamous government employees' mediclaim insurance policy, the state government has served notice to the company for termination of the contract and has been waiting for response from the company. Sources in the Finance department informed Early Times that the state Governor led state government served a notice to the Reliance Company, for termination of contract of the mediclaim insurance policy for the state government employees and pensioners. "The state government has been waiting for the response of the Reliance company and after getting the response, further course of action will be decided by the government", sources said, adding that there were least possibilities that the contract would be terminated as the government had signed the Memorandum of Understanding with the Company for mediclaim insurance cover, after lowest bid proposed by the Reliance company. Sources further said that due to the MOU signed with the company, government has been caught in a catch-22 situation, due to which, government clarified that the policy would continue till December 31. "The premium of first quarter was already deducted by the company from the accounts of government employees as well as pensioners after which the Governor made an announcement alleging a big fraud in the insurance policy", sources said, adding that following the announcement by the Governor, a peculiar situation erupted for the government. "There is each possibility that the Mediclaim policy with the Reliance company will continue as the company would easily knock the door of the court as they had managed the contract for three years, after securing the lowest bid", sources said, adding that the officials of Finance as well as other department, were satisfied with the procedure adopted. Sources further said that the government has almost decided not to complicate the matter further and continue the contract with the company as there were reports of political pressure to continue the contract.   Share This News with Your Friends on Social Network     Comment on this Story

top stories of the day

Legislators get Rs 50K more salary than Guv! Delay in daily wagers' regularisation a big fraud with working class Killing of Parihar brothers: Busy in power politics BJP leadership fails to pursue investigation No takers of Congress offer for mandate Governor led state administration does which successive state governments failed to do '500 militants killed in Kashmir in 20 months' To prevent youth from joining militancy, police start new operation Misdeeds of PDP-BJP regime likely to expose as Govt sets up panel to look into functioning of JKPCC No boundary wall for this Government School 2 officials including Centre's choice vie hard to grab the post 2 Kulgam youth booked for aiding militants 124 year old man casts vote with enthusiasm 'We voted for bijli, sadak, paani' Ayushman Bharat health insurance ignores poor JK Govt puts Reliance on notice for termination of contract, response awaited Crores of rupees pumped into Dal lake sans result: HC

STOCK UPDATE

BSE Sensex NSE Nifty

CRICKET UPDATE