December 20, 2022 7:00 AM

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Union Minister Nitin Gadkari launches one of India's first-ever Surety Bond Insurance products from Bajaj Allianz

<span style="color: #222222;">Union Minister for Road Transport and Highways Nitin Gadkari has launched one of India's first-ever Surety Bond Insurance products from Bajaj Allianz. Commenting on the product launch, Mr Gadkari said, India is well on its path to becoming a five Trillion dollar economy and achieving the dream of Prime Minister Narendra Modi. He said, insurance will play an important role in this growth. The Minister expressed confidence that expanding our road network will lead to more prosperity, increased employment opportunities, and increased social connectivity. He said, Surety Bond Insurance is the right step in this direction. Surety Bond Insurance will act as a security arrangement for infrastructure projects and will insulate the contractor as well as the principal. </span><br />

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