Telangana govt. has announced KCR Mega Health Cum Life Insurance Scheme for Ryots. Subsequently, the state govt. will provide an insurance cover of Rs. 5 lakh per annum for health-care and hospitalization and even in the case of death.
Accordingly, KCR govt. is going to allocate Rs. 500 crore in Telangana Budget 2018-19 for successful implementation of this health-cum-life insurance scheme.Moreover, this scheme will benefit around 70 lakh small and marginal farmers in the state.
under Mega Health Cum Life Insurance Scheme, Govt. will provide the insurance amount to the families of farmers in case of accidental death or death due to any natural cause. Henceforth, farmers will not have to pay any premium for this insurance coverage. Telangana state govt. will bear the entire premium amount for the benefit of farmers.
KCR announced this pro-farmer initiative in response to a farmer seeking insurance in Regional Conference of Mandal Level Farmers Coordination Committee. This Regional Rythu Samanvaya Committees awareness meeting event held at Ambedkar Stadium on 26 February 2018.