C Pradeep Kumar
Vijayawada
The YSR Bima scheme, the first-of-its-kind project, was introduced by the YSRCP government in 2021 with an objective to provide relief to the bereaved families of Below Poverty Line (BPL) in case of death or disability of their primary bread earners.
The YSR Bima scheme was launched on June 27, 2021 with the guidelines issued in GO Ms No 7. The number of beneficiaries enrolled under the scheme are 1,2 1,73,818 for 2023-24. The scheme was implemented from July 1, 2021 to June 30, 2022 and then from July 1, 2022 to June 30, 2023. Currently, the scheme has been extended from July 1, 2023 to June 30, 2024.
All the BPL families with income less than or equal to Rs 10,000 in rural areas and Rs 12,000 in urban areas are being covered under this scheme. In case of natural death, the individual shall be in the age group of 18 to 50 years and accident death, 18 to 70 years.
The Department of Gram Volunteers/Ward Volunteers and Village Secretariats/Ward Secretariats (GVWV & VSWS) is playing a key role in taking the scheme to the eligible beneficiaries across the State. The benefits under the scheme are Rs 1 lakh in case of natural death in the age group of 18-50 years paid directly by the government and Rs 5 lakh in case of accident death/permanent disability in the age group of 18-70 years paid by the insurance company under group accidental policy.
The government has signed an MoU with Universal Sompo General Insurance company Limited, Mumbai, for settlement of YSR Bima claims for the policy year 2021-22 duly paying a policy amount of Rs 111 crore from the commencement of the scheme.
For the second year, the government has signed MoU with Oriental Insurance company Limited, Mumbai, paying the policy amount of Rs 163.16 crore.
For the current year, due to delay and non-settlement of claims by the insurance companies, the State government has taken a decision on implementing the scheme by the department themselves.
The WEA/WWDS along with concerned GV/WV shall take an acknowledgement through eKYC from the nominee, upon payment of the claim amount Rs 5,00,000 Rs 10,000 (funeral charges).
G Lakshmisha, Director GV/WV & VS/GS said that YSR Bima scheme was a very benefitting one for the BPL families and the GV/WV & VS/GS staff are taking the scheme to all the BPL families across the State. He said that for the current year, 1.21 crore BPL families across the State had been enrolled under the scheme.
