Archive · 21 Jul 2026
Rs 1 crore insurance benefit given to deceased railway employee's family
A railway employee named Akkapatruni Sivakumar passed away in a road accident.
His wife, Akkapatruni Anitha, received a cheque for Rs.
1 crore as an insurance benefit.
This money was given because Sivakumar had his salary account under the Railway Salary Package Scheme with the State Bank of India.
The event was attended by important officials from the railway and the bank.
This shows how the scheme helps families of railway employees in tough times.
Akkapatruni Sivakumar, a senior technician, died in a road accident.
His widow, Akkapatruni Anitha, received Rs. 1 crore as insurance benefit.
The benefit was provided under the Railway Salary Package Scheme with SBI.
The cheque was handed over by Lalit Bohra, Divisional Railway Manager.
The event highlighted the importance of the RSP Scheme for financial security.
- Who
- Akkapatruni Sivakumar (deceased), Akkapatruni Anitha (widow), Lalit Bohra (Divisional Railway Manager), Jusuf Kabir Ansari (Senior Divisional Personnel Officer), B Rajasekharam (Regional Manager, SBI), GAV Satya Narayana (Chief Manager, SBI)
- What
- Handing over of Rs. 1 crore insurance benefit to the family of a deceased railway employee
- When
- Monday
- Where
- Visakhapatnam, India
- Why
- To provide financial security and support to the family of a deceased railway employee under the Railway Salary Package Scheme
Importance of Railway Salary Package Scheme
Criticism of Insurance Coverage
Financial Security for Families
Importance of Railway Salary Package Scheme
The Railway Salary Package Scheme provides crucial financial support to the families of deceased railway employees, ensuring their well-being during difficult times.
Criticism of Insurance Coverage
Some argue that the insurance coverage should be more comprehensive and easily accessible to all employees, not just those with salary accounts under the RSP Scheme.
- Amount of Insurance Benefit
- Rs. 1 crore
- Deceased Employee
- Akkapatruni Sivakumar
- Position
- Senior Technician (AC), Electrical General Department
- Cause of Death
- Road Accident
- Date of Cheque Presentation
- Monday
- Bank Involved
- State Bank of India (SBI)
- Branch
- Dondaparthy branch, Visakhapatnam
- Scheme
- Railway Salary Package (RSP) Scheme