Vijayawada: Andhra Pradesh Chief Minister, Y S Jagan Mohan Reddy on Wednesday launched ‘YSR Bheema’ scheme, benefiting 1.41 Crore families by providing insurance cover.
Speaking after the launch, the Chief Minister said that the state government would pay Rs. 510 Crore every year as a premium, despite the central government having withdrawn from this scheme.
“All the families with white ration cards are eligible for this scheme and the village or ward volunteers will visit the families and enrol the names of the primary householders.
The list of the enrolled insurance holders will be displayed in the village secretariats”, he said.
Under this scheme, insurance amount for accidental death and total permanent disability for people aged between 18-50 years is Rs 5 lakh and for those between 51-70 years is Rs 3 lakh.
Similarly, for natural death cases (18-50 years) is Rs 2 lakh and for partial permanent disability in an accident case (18-70 years) is Rs.1.5 lakh insurance amount would be extended.
Reddy assured that the claim amount would be directly credited into the beneficiary bank account within 15 days of the claim being made. In addition to this, the Chief Minister also announced that immediate assistance of Rs 10,000 will be provided to the families through village and ward secretariats.
Deputy Chief Minister Dharmana Krishnadas, Ministers Botsa Satyanarayana, Peddireddy Ramachandra Reddy, Gummanuru Jayaram, Chief Secretary Nilam Sawhney, and other officials along with bankers were present at the launch event.