Hyderabad, Sep 10 (PTI) Telangana Deputy Chief Minister Mallu Bhatti Vikramarka on Thursday said the Rs one crore insurance scheme being provided to state government employees, contract and outsourcing staff, and pensioners is the first of its kind in the country.
Speaking in the Legisaltive Assembly, he said the scheme was being implemented with the objective of ensuring that the family of an employee does not face financial hardship in the unfortunate event of the staffer’s death.
Vikramarka, who holds finance and energy portfolios, said the scheme is being implemented with the cooperation of banks, without imposing any financial burden on either the government or the employees.
“We called the banks where the salaries of employees are credited and told them that your business is growing as salaries are dispensed through your banks. We persuaded them saying you should cooperate (with the government) and, if necessary, pay the premium for employees whose salaries are credited in the accounts in your banks,” he said.
Vikramarka said the insurance scheme was initially launched for employees of state-run miner Singareni Collieries and it was subsequently expanded to those working under the DISCOMs (power distribution companies) and others.
He said the scheme was implemented for Singareni employees from February, 2024 and for all state government employees from June, 2026.
About 13 lakh beneficiaries are covered under the scheme in the state. They include 5,18,273 regular employees and 5,00,158 temporary, outsourcing, multipurpose workers, contract, daily-wage, and other staff, he added. PTI SJR SJR SA
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