Question : PATASTROPHE POOL INSURANCE

(a) whether the Government has any plans to set up an exclusive catastrophe insurance pool insurance to cover the losses that occur due to natural disasters/ calamities; and

(b) if so, the details thereof and the time by which it is likely to be done?

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE {SHRI NAMO NARAIN MEENA)

(a) & (b): National Disaster Management Authority (NDMA) has reported that it has no such plan at this stage.