3 weeks ago

Telangana Clears Accident Insurance Scheme for 4.21 Lakh Fishermen

Telangana Clears Accident Insurance Scheme for 4.21 Lakh Fishermen
Telangana Clears Group Accident Insurance Scheme for 4.21 Lakh Fishermen · deccanchronicle.com

Telangana is a state in India, and its government wants to help fishermen stay safe.

Fishermen work on water, which can be dangerous, so accidents can happen.

The government started an insurance program just for them, called GAIS.

Insurance is like a promise that gives money to people when something bad happens.

More than four lakh fishermen between ages 18 and 70 can join.

If a fisherman dies in an accident, their family gets 5 lakh rupees.

If a fisherman becomes unable to work because of an accident, the government also gives money to help.

The Central and state governments share the cost of this program, so fishermen don't have to pay a single rupee.

This way, fishermen's families feel safer and are taken care of even in hard times.

Key facts

Scheme
Group Accident Insurance Scheme (GAIS)
Beneficiaries
4,21,767 registered fishermen (age 18-70)
Premium Sharing
Centre and state in 60:40 ratio
Premium per Beneficiary
79.96 rupees
State Contribution
21.35 lakh rupees
Accidental Death / Total Disability Benefit
5 lakh rupees
Partial Disability Benefit
2.5 lakh rupees
Medical Assistance
Up to 25,000 rupees for accident-related hospitalisation

Sources

Related news