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TS Govt planning to set up own Insurance Company
Telangana | Suryaa Desk | Published : Wed, Oct 25, 2017, 11:33 AM
Hyderabad: TRS MP Gutta Sukhendar Reddy said that the Telangana state government was planning to set up an insurance company on its own. He said this decision was made for goodwill of farmers. Gujarat and Punjab governments have already set up insurance companies for cotton farmers and achieved good results. Chief Minister KCR hs studying the establishment of the insurance company. Last year, the profit of banks in the insurance sector is Rs.16,000 crores.
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