NDMA plans to give insurance cover to disaster-prone people | Pakistan Press Foundation (PPF)

Pakistan Press Foundation

NDMA plans to give insurance cover to disaster-prone people

ISLAMABAD: The National Disaster Management Authority (NDMA) would develop a mechanism to ensure insurance cover to disaster-prone areas.Mandated by the National Disaster Risk Management Framework (NDMRF), a concept note on Disaster Risk Insurance for low income communities was already approved.According to the Ministry of Climate Change here on Sunday, the concept note outlines the general features of a programme that NDMA proposed to install a risk insurance programme to protect the low income communities against the risk of disaster.It said that following the approval of the concept note,NDMA started working on the development of the disaster risk insurance programme.Moreover,the NDMA is working to develop insurance fund design including the governance structures and operational modalities.It is also developing insurance strategy design for vulnerable communities including risk and vulnerability mapping for climate and disaster related risks and design of appropriate insurance options.The programme will be designed in consultation with all the relevant stakeholders. It is expected that the programme design will be finalized by end of 2013.Margalla Tower site to have new building A new tower will be erected on the plot of Margalla Tower in Sector F-10 of the federal capital, which collapsed in earthquake in 2005.According to sources, the Capital Development Authority (CDA) had sold the plot at Rs1.67 billion and now the owner has asked the CDA for permission to demolish the edifice to construct a new tower.However, Deputy Director of Building Control Section of CDA, Muhammad Ammad Idrees has made it clear in a letter to the CDA committee that the civic authority would not be responsible of any untoward incident in this regard.It is pertinent to mention here that Margalla Tower collapsed in an earthquake in 2005, claiming 72 lives and the CDA had taken possession of the plot by paying compensation money to the affectees and left the damaged building as it was.

Source: The Nation


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