Earlier, the Insurance Regulatory and Development Authority of India (IRDAI), an autonomous body, used to monitor and publish ‘draft exposure’ on premium amount for the third-party insurance for motor vehicles every year seeking ‘objections and suggestions’ from vehicle owners across the country on the draft proposal.
Owing to Covid-19 pandemic, IRDAI could not make the ‘draft exposure’ during 2021-22 and 2022-23 financial years respectively.
This story is from the June 28, 2023 edition of The Statesman.
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This story is from the June 28, 2023 edition of The Statesman.
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