Rs 222 crore insurance for GSB Ganesh Mandal, Mumbai

The richest Ganesh Pandal in Mumbai, King’s Circle GSB Ganesh mandal’s trustees revealed that the final amount of insurance cover for its Ganpati pandal in 2011 is Rs 221.7 crore. Ganeshotsav in 2011 will start from September 1. Many people expected Gaud Saraswat Brahman Mandal’s Ganesh festivities will cross Rs 50 crore but it would be 4 times of the expected amount. GSB Seva Sadan’s whopping insurance cover would leave many expectations as how many kgs of gold & diamonds the mandal will be using this time to adorn Ganesha idol.

Chetna Yerunkar for Mid-Day reports

Devotees’ insurance

And finally, the personal accident insurance for devotees, some 1,820 persons, is Rs 10 lakh each, which equals to Rs 182 crore.

Confirming the same, GSB trustee Satish Nayak said, “Four quotations from various companies had come in and New India Assurance bagged the insurance with competitive and attractive incentives.

The insurance is for 15 days starting from August 27.” Last year, the insurance cover of the mandal stood at Rs 49.5 crore, around five times less than this year.

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