Kashmir Governor to scrap group medical insurance contract with Reliance

Kashmir Governor to scrap group medical insurance contract with Reliance
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Srinagar: Jammu and Kashmir Governor Satya Pal Malik has decided to scrap Group Medical Insurance Policy for state government employees with a private insurance company after finding the contract process full of “flaws and frauds”.

In an interview with a New Delhi based news channel, Malik said that the contract of Anil Ambani’s Reliance General Insurance stands “almost terminated” after an investigation found flaws and frauds in the tendering process.

Picking up loopholes in the process, the J&K Governor said that the tenders for the policy and a front company were floated by the officers and the bids were not uploaded on the Government website.

Malik said that the amount was changed to suit the company and that the tender was open on a holiday.

“I have spoken to the Chief Secretary and asked him to immediately scrap the contract with the insurance company,” he said in the interview.