The Hyderabad-based company's group insurance segment currently contributes Rs 150 crore
Subsidy burden could rise to Rs 1,200 crore
Move is aimed at check-mating mafia which has been mining sand unchecked from rivers and lakes
The government has planned to ensure supply of 4 million tonne of chemical fertilisers to the farmers during the ongoing Kharif season
Industry players push for export orders as fall in rupee will help increase margins