{"id":319974,"date":"2020-02-12T17:00:41","date_gmt":"2020-02-12T17:00:41","guid":{"rendered":"http:\/\/tehelka.com\/?p=319974"},"modified":"2020-02-12T17:07:16","modified_gmt":"2020-02-12T17:07:16","slug":"cabinet-approves-proposal-for-capital-infusion-for-oicl-nicl-and-uiicl","status":"publish","type":"post","link":"https:\/\/tehelka.com\/cabinet-approves-proposal-for-capital-infusion-for-oicl-nicl-and-uiicl\/","title":{"rendered":"Cabinet approves proposal for capital infusion for OICL, NICL and UIICL"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\"><a href=\"http:\/\/tehelka.com\/government-offers-pension-coverage-to-crores-of-farmers\/cabinet-2\/\" rel=\"attachment wp-att-312798\"><img decoding=\"async\" loading=\"lazy\" class=\" wp-image-312798 aligncenter\" src=\"http:\/\/tehelka.com\/wp-content\/uploads\/2019\/06\/cabinet-2-300x170.jpg\" alt=\"\" width=\"701\" height=\"397\" srcset=\"https:\/\/tehelka.com\/media\/2019\/06\/cabinet-2-300x170.jpg 300w, https:\/\/tehelka.com\/media\/2019\/06\/cabinet-2-768x436.jpg 768w, https:\/\/tehelka.com\/media\/2019\/06\/cabinet-2-696x395.jpg 696w, https:\/\/tehelka.com\/media\/2019\/06\/cabinet-2-741x420.jpg 741w, https:\/\/tehelka.com\/media\/2019\/06\/cabinet-2.jpg 924w\" sizes=\"(max-width: 701px) 100vw, 701px\" \/><\/a>The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-size: 14pt; font-family: 'times new roman', times, serif;\">In view of the above, Cabinet has allowed immediate release of Rs. 2500 Crore in the light of the critical financial position and breach of regulatory solvency requirements of 3 PSGICs viz. OICL, NICL and UIICL.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its in principle approval for capital infusion for three Public Sector General Insurance Companies, namely, Oriental Insurance Company Limited (OICL), National Insurance Company Limited (NICL) and United India Insurance Company Limited (UIICL). In view of the above, Cabinet has allowed immediate release of [&hellip;]<\/p>\n","protected":false},"author":37,"featured_media":312798,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[167,36],"tags":[316,12587,12586,12588,4477],"_links":{"self":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/319974"}],"collection":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/comments?post=319974"}],"version-history":[{"count":1,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/319974\/revisions"}],"predecessor-version":[{"id":319975,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/posts\/319974\/revisions\/319975"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media\/312798"}],"wp:attachment":[{"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/media?parent=319974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/categories?post=319974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tehelka.com\/rest-api\/wp\/v2\/tags?post=319974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}