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| Losses yet to be tabulated, sufferers demand compensation | | | Early Times Reporter
Jammu | July 30
Though the General Insurance Companies are yet to tabulate losses they have suffered as they will have to spend several lakhs of rupees on paying compensation to those whose vehicles were damaged in violence in Jammu region in recent weeks.
A couple of surveyors working in two premier insurance companies today said that
"we have not received yet many complaints as the office continued to be closed for the last seven days of Bandh and curfew restrictions but suffers have informed us on telephones about the losses."
Rough estimates said that since June 30 and July 30 more than 200 vehicles, including trucks, cars, metadors, buses, three and two-wheelers were damaged in stone pelting and in clashes between the agitators, protesting against land revocation order, and the police.
And those whose vehicles have been damaged have not been able to get their vehicles repaired on two counts. First since the workshops are shut repair work was not possible. Secondly, in the absence of a mandatory survey report the vehicle owners cannot risk getting the repair work done without prior approval from the insurance companies.
As a result of it several hundred big and small vehicles stand grounded. Some of these have been lying on the edges of the highway. Senior functionaries of a couple of general insurance companies said that in case violence continued "our losses may go up to several crores of rupees which we have to pay by way of compensation to those whose insured vehicles were damaged in the violence."
Those in trade and owning industrial units said that during the last one month they suffered losses to the tune of over Rs.300 crores. They said that the state and the central Government should compensate these losses as they had done in Kashmir where traders, transporters and those connected with tourism had received compensation for their losses suffered owing to militancy related violence from the Government of India on a number of occasions in the past. |
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