Top
Begin typing your search above and press return to search.
exit_to_app
DEEP READ
The slaughter of democracy in Puducherry
access_time 2021-02-24T11:27:21+05:30
Populist Fascism
access_time 2021-01-31T17:19:29+05:30
Media Freedom
access_time 2021-01-31T15:47:07+05:30
Sharjeel Imam
access_time 2021-01-30T15:19:40+05:30
How the nation treated the memories of Ambedkar
access_time 2021-01-29T16:54:10+05:30
exit_to_app
Homechevron_rightKeralachevron_rightFlood compensation:...

Flood compensation: Suplyco to move HC over food grain loss

text_fields
bookmark_border
Flood compensation: Suplyco to move HC over food grain loss
cancel

Thiruvananthapuram: SupplyCo is all set to approach Kerala High Court against United India Insurance Company for compensation for loss of food grains stored in mills during the floods last year.  SupplyCo lost food grains to the tune of 137.11 crores.

Of them, food grains worth 131.27 crore were destroyed in the floods stored in mills that are in contract with SupplyCo, and the rest of the materials worth Rs 5.08 crore stored in depots and sales outlets were also got damaged.  

Although, SupplyCo had insured the food grains stored in mills for Rs 273 crores, food grains stored in depots and godowns had not been insured, forcing the Coporation to write off the loss.

Although the Supply Co claimed 131.27 crore,  the insurance company so far paid only Rs 25 crore, Said Food and Civil Supplies Minister P. Thilothaman.  

Show Full Article
TAGS:
News Summary - Flood compensation: Suplyco to move HC over food grain loss
Next Story