Question
What is the new accidental death cover amount provided
under the MoU between Indian Railways and SBI?Solution
Under the newly signed MoU, accidental death coverage for Railway employees has been significantly increased to ₹1 crore, a substantial rise from earlier coverage under CGEGIS, which offered only ₹1.20 lakh (Group A), ₹60,000 (Group B), and ₹30,000 (Group C). This reflects a robust move toward better employee welfare.
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