Bhopal:Thursday, March 27, (Yasha Sharma) The state cabinet at its meeting chaired by the Chief Minister Shri Shivraj Singh Chouhan here today endorsed an Aam Admi Bima Yojana (Common Man Insurance Scheme) for rural landless families. The cabinet decided to make the Social Justice Department the nodal
agency of its implementation at the state level and the zila panchayats at district level. It was decided that the Vivekanand Group Insurance Scheme would continue till March 31,2008 only. The non-landless rural families subsisting below poverty line and all the BPL families in urban areas would be covered under Janshri Bima Yojana in year 2008-09. The Janshri Bima Yojana would also be implemented like Aam Admi Bima Yojana.
The Aam Admi Bima Yojana has been implemented from October 2, 2007 for the landless rural workers through Life Insurance Corporation of India. The Government of India has fixed an annual premium of Rs. 200 per member for implementation of this scheme. Of this, Rs. 100 per member would be shared by Government of India from Special Economic Fund and Rs. 100 would be contributed by the state government. The persons between 18 and 59 years of age would be covered under the scheme. The insured member should be the head of the rural landless family or an earning member working in the family. Under the scheme, in case of natural death of an insured person the dependent family would get Rs. 30 thousand, in case of accidental death or permanent disability Rs. 75 thousand and in case of loss of one eye or a hand or a foot in an accident Rs. 37 thousand 500 would be given. The insured members would be given a free aid-on scholarship. Under this only two students of IX to XII in a family would get a stipend of Rs. 100 per month.