MINISTER OF STATE FOR LABOUR AND EMPLOYMENT ( SHRI MUNI LALL )
(a) to (c): A Statement is annexed.
STATEMENT REFERRED TO IN REPLY TO LOK SABHA UNSTARRED QUESTION NO. 2133 FOR ANSWER ON 06.08.2001 REGARDING GROUP INSURANCE SCHEME BY SHRI P. KUMARASAMY
(a) to (c): The Government has launched `Krishi Shramik
Samajik Suraksha Yojana - 2001` for agricultural workers from 1st
July 2001. Under the supervision of the Ministry of Labour, the
Life Insurance Corporation of India (LIC) will implement the
Scheme. The following provisions of social security have been
made under the Scheme:
(a) Life-cum-accident insurance, (b) Money back, and (c) Pension and Superannuation benefits.
Agricultural workers in the age group of 18 years to 50
years are eligible under the Scheme. The worker will contribute
Re1/- per day, or Rs.365/- per year, and the Government will pay
Rs.2/- per day, or Rs. 730/- per year, per beneficiary from the
Scoial Security Fund.
Initially, the Scheme will be implemented in 50 districts
with at least one district from each State. Keeping in view the
performance of the Scheme during the first phase and the
availability of funds, the Scheme will be extended to more
districts.