Governor K. Rosaiah has said that Krishnagiri town and the industrial town Hosur will be brought under the railway network.
Distributing ‘Mother Teresa Insurance Policy for Self-Help Groups’ of the United India Insurance Company Limited at the Government Boys Higher Secondary School in Krishnagiri on Saturday, Mr. Rosaiah said that he will do everything possible to bring rail service to Hosur via Krishnagiri.
He assured the people that he will speak to Surya Prakash Reddy, Minister for Railways, to expedite the Jolarpet-Krishnagiri-Hosur rail service as early as possible.
Mr. Rosaiah said that insurance was a social protection, all sections should have insurance policies. People have invested around Rs. 54,100 crore in the insurance sector. The insurance sector had improved 23 per cent last year and it was around 18 per cent during the current year. As many as 24 companies are in life insurance business and 27 companies are engaged in general insurance sector. The pros and cons of the insurance should be properly explained to the youth and the general public in such a way that they understand it.
The United India Insurance Company Limited had 24 micro branches in remote areas in the State to serve the rural masses.
It is implementing the Chief Minister’s Special Medical Insurance Scheme for the poor in the State. Mr. Rosaiah also said that the benefits of the insurance sector should reach all sections of the society.
Earlier, he distributed 5,500 policies. A total of 45 differently-abled, 200 NCC cadets, 3,772 women, and 1,306 men from SHGs were issued policies on free of cost.
C. Narasimhan, former MP, Chairman and Managing Director, Raasi Group of Companies, had sponsored the policies for the poor. Mr. Narasimhan welcomed the gathering.
Milind Kharat, Chairman and Managing Director, United India Insurance Company Limited, participated.