CM Jagan launches YSR Bima Scheme today; beneficial to 1.41 crore families
Chief Minister YS Jagan Mohan Reddy on Wednesday launched YSR Bima Scheme by releasing the insurance money to various banks at the Tadepalli camp office. Earlier, the CM wished that the scheme should benefit the majority of people. 1.41 crore families holding ration cards and falling in the age group of 18 and 70 years are eligible for the scheme. Rs 2 lakh will be paid to kin for natural death and Rs 5 lakh for accidental death. As part of the scheme, Rs 10,000 will be released immediately to the family of the deceased. The AP government will be spending Rs 510 crore towards the scheme every year.