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BMTC Raises Insurance Payout for Employees Killed in Duty to ₹1 Crore
Bengaluru Mahanagara Sarvajanana Transport Company (BMTC) has increased the insurance compensation for employees who die in the line of duty from ₹50 lakh to ₹1 crore.
The Bengaluru Mahanagara Sarvajanana Transport Company (BMTC) has made a significant decision aimed at the welfare of its workforce. The transport authority has announced a substantial increase in the insurance compensation provided to the families of employees who lose their lives while on duty.
Under the revised policy, the insurance payout for employees who die in accidents during their working hours will be raised from the previous amount of ₹50 lakh to ₹1 crore. This move is intended to provide greater financial security and support to the bereaved families of the transport company's staff.
The decision reflects BMTC's commitment to enhancing the benefits and safety measures for its employees. By doubling the compensation amount, the corporation aims to ensure that the families of martyred workers receive adequate financial assistance during difficult times.
Under the revised policy, the insurance payout for employees who die in accidents during their working hours will be raised from the previous amount of ₹50 lakh to ₹1 crore. This move is intended to provide greater financial security and support to the bereaved families of the transport company's staff.
The decision reflects BMTC's commitment to enhancing the benefits and safety measures for its employees. By doubling the compensation amount, the corporation aims to ensure that the families of martyred workers receive adequate financial assistance during difficult times.