Funds sought to pay insurance premium to newsmen -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

Funds sought to pay insurance premium to newsmen

KARACHI- Sindh Information Department has approached the Additional Chief Secretary Finance seeking allocation of funds for paying the premium with regard to insurance cover to be provided to accredited journalists in Sindh.

In a letter to the ACS Finance, Sindh Information Secretary Ashfaq Ahmed Memon pointed out that the information department is maintaining a policy of keeping in constant co-ordination with the mediamen/journalists to foster better relations to achieve the objective of purposeful coverage of the activities of the government, and thereby keep general public abreast of the efforts being made by the government to resolve their problems.

As a gesture of goodwill and with a view to strengthening existing ties, he said a scheme would provide insurance cover to the accredited journalists has remained under consideration of the information department, the most striking feature of which is that it would promote the good of journalists’ community.

He said the details of above said scheme to provide insurance cover to many as 1,051 accredited journalists throughout the province, worked out in consultation with the State Life Insurance of Pakistan, are as under:

No, of working journalists 1051

Life sum assured Rs 105,1004000

Life Premium @ Rs 5.11% Rs 537,061.00

ADB sum assured Rs 105,1004 000

ADS Premium @ Rs 1.00% Rs 105,100.00

24 Hours Coverage Free Total Annual Premium: Rs 642,161.00

The information secretary pointed out that since the number of accredited journalists keeps on increasing, and it may possibly reach the figure of 1,500, an amount of Rs 800,000 may be provided during the current financial year to pay for the current annual premium while the equivalent sum may be provided regularly in the annual permanent budget, too
Source: Business Recorder