The Ministry of Micro, Small & Medium Enterprises is implementing through Coir Board (a statutory body under the administrative control of the Ministry) ‘Coir Workers Group Personal Accident Insurance Scheme’. The Scheme was first introduced in 1998 in coir sector with the objective of securing the life of coir workers against accidents. Nearly four coir workers are covered under the scheme, without having to pay any premium for such coverage. The entire insurance premium is paid by the Coir Board to the Insurance Company.n amount of . 50,000/- is provided as compensation for accidental death/permanent total disability and . 25,000/- is provided as compensation for permanent partial disability.During 2009-10, an amount of . 6, 61,800/- was paid as insurance premium and 16 insurance claims were settled.

2008-09) is: -

Patel in a written reply to a question in the today.