Andhra Pradesh chief minister Y.S. Jagan Mohan Reddy, on Thursday, launched YSR Bima with new guidelines, a welfare insurance scheme, allocating Rs 750 crore for the year 2021-22. Under YSR Bima, the state government will directly pay the insurance amount to the kin of the eligible deceased person. YSR Bima is aimed at coming to the aid of families who lost a bread winner.
"Under the scheme, an insurance amount of Rs 1 lakh will be paid if the beneficiary aged between 18 to 50 years, who is a breadwinner of the family, succumbs to natural death," said an official. In the event of accidental death in the age bracket of 18-70 years, the beneficiary's family will receive an insurance sum of Rs 5 lakh. The insurance scheme will support 1.32 lakh families in the current fiscal where the government has spent up to Rs 1,307 crore in the past two years.
CMReddy said the state government has prioritized public healthcare and soon after forming the government in 2019, the annual income limit for Aarogyasri has been fixed at Rs 5 lakh, including raising the number of eligible medical procedures to 2,450.
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