GROUP INSURANCE SCHEME FOR KHADI WORKERS
LOK SABHA
The Government proposes
to launch the Group Insurance Scheme for Khadi workers on 15th
August 2003. Under the scheme, risk covers for Khadi workers in
case of natural death would be Rs. 20,000/- while in case of death
due to accident, an amount of Rs. 50.000/- will be payable. In
case of permanent disability (loss of two eyes/limbs of use) due
to accident, Rs. 50,000/- is payable and in the case of partial
disability Rs. 25,000/- will be paid to the beneficiary.
The financial
cost of the insurance cover would be Rs. 200/- per Khadi worker.
Out of which Social Security Fund will be Rs. 100/-, contribution
from Khadi Institution will be Rs. 50/- and Rs. 25/- each from
Khadi Artisan and KVIC/Govt. of India.
Life Insurance
Corporation’s Shiksha Sahyog Yojana would also be added under
this scheme to benefit the insurer without extra premium. This
benefit would provide Rs. 1200/- per annum for the education of
two children of the Khadi workers/artisans from class IX to XII.
This information
was given by the Minister of Agro and Rural Industries, Shri Sangh
Priya Gautam in written reply to a question in Lok Sabha today.
