GOVT TO PROVIDE 50% REIMBURSEMENT ON INSURANCE PREMIUM TO TAXI OPERATORS

July 29th, 2017 Posted In: News

Team TNV

Panaji (GOA) The State Government will now reimburse 50 percent of the amount of insurance premium to the taxi operators, as economic support keeping in view of their contribution to the public transport sector in the State.
The Goa State Public Transport (Taxi Owners) Insurance Contribution Scheme, 2017 has been launched which will cover reimbursement for insurance premium paid anytime after April 1, 2017 till March 31, 2020.
This scheme provides for economic support to the taxi owners operating contract carriage/tourist taxi. “The insurance premium, of late have shown tremendous rise. Taxi owner is one of the self-employed classes who are presently facing difficulties due to burden of this increased insurance cost,” Director Transport Nikhil Desai said.
“Keeping in view the contribution of these taxi owners in the public transport system of Goa, in order to alleviate them from this problem; the Government would like to support them by reimbursing the insurance premium paid by them towards their taxis to the extent of 02 vehicles, at the rate of 50percent of the amount paid by them or Rs. 10,000/- whichever is less for the first vehicle and 25 percent of the amount paid or Rs. 5,000/- whichever is less for the second vehicle,” he said.
The scheme covers the taxi operating owners and their vehicles as contract carriages/tourist taxis as well as those intending to enter the trade for the first time.

About Author

Team TNV

The author is a senior Journalist working in Goa for last one and half decade with the experience of covering wide-scale issues ranging from entertainment to politics and defense.

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