TDP signs MoU providing insurance to one crore party members
TDP membership crossing one crore in just a few days, the party national general secretary and Minister for Education, Nara Lokesh, on Thursday entered into a Memorandum of Understanding (MoU) with insurance companies for all the one crore party activists, said a press release on Thursday.
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Nara Lokesh, along with representatives of the United India Insurance and the Pragmatic Insurance Broking Services, is creating a history of sorts. The TDP thus created history, as this is the only political party in the country that is providing insurance security to as many as one crore activists, the release mentioned.
As per the agreement entered into, the party paid Rs 42 crore as the first premium for providing insurance to the party activists for the full year beginning January 1, 2025, till December 31, 2025. The party will be paying almost the same amount next year too. As per the MoU, every party activist is eligible for Rs 5 lakh accidental insurance, the release mentioned.
Lokesh has been making all revolutionary decisions ever since he took charge as the leader of the party workers welfare and till now the party has spent a whopping Rs 138 cr for the welfare of the cadre. A separate legal wing has been set up to look after the court cases filed against the TDP activists during the previous atrocious rule of the YSRCP,
