Daily Current Affairs – 19-05-2025

Tamil Nadu

Tamil Nadu Govt

Signs MoU with Banks for Government Employees’ Welfare

® Tamil Nadu government signed MoUs with seven banks (SBI, Indian Overseas Bank, Indian Bank, Canara Bank, Axis Bank, Bank of Baroda, Union Bank of India) to provide free insurance and financial assistance to state government employees. ® Benefits include: ® ₹ 1 crore personal accident insurance for accidental death/permanent disability. ® ₹ 5 lakh marriage assistance for daughters of employees who die in accidents. ® Up to ₹ 10 lakh education assistance for higher studies of up to two daughters of deceased employees. ® ₹ 10 lakh term life insurance for natural death during service.