Insurance coverage to PMJDY account holders 20 SEP 2020 Under Pradhan Mantri Jan-Dhan Yojana ( PMJDY ), a free RuPay debit card is provided to the PMJDY account holders with inbuilt accident insurance cover of Rs. 1 lakh. This coverage amount has since been raised from Rs. 1 lakh to Rs. 2 lakh to PMJDY accounts opened after 28.08.2018. This was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs in a written reply to a question in Rajya Sabha today. Giving more details, the Minister said that all eligible and willing PMJDY account-holders can enroll under Pradhan Mantri Suraksha Bima Yojana ( PMSBY ) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY). Under PMSBY, accident insurance coverage of Rs. 2 lakh is provided to enrolled beneficiaries in the age group of 18 years to 70 years with an annual premium of Rs. 12 only through auto-debit from bank account with express consent of the account holder. Unde...

Ministry of Labour & Employment Building and Other Construction Workers Welfare Cess 17 DEC 2018 Pursuant to the directions of Hon’ble Supreme Court contained in its judgement dated 19.03.2018 in W.P. (C) No. 318/2006, the Central Government has formulated a model welfare scheme for BOC workers which, inter alia, envisages following maternity benefit, out of the BOCW welfare cess fund, for those BOC workers who are not covered under Ayushman Bharat:- (i) Paid maternity leave to registered construction workers ranging from 90 days to 26 weeks for up to two deliveries. (ii) Rs.6000/-per delivery for up to two deliveries to the wife of the registered construction workers, which will be in addition to any other benefit received from any Government Scheme in this regard. The Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996 provides safety, health and welfare measures for the building and other construction workers. For t...

Encouraging Railway Employees to enrol themselves under Pradhan Mantri Suraksha Bima Yojna (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY) Encouraging Railway Employees to enrol themselves under Pradhan Mantri Suraksha Bima Yojna (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY) SOUTH CENTRAL RAILWAY Headquarters Office, Personnel Department, Secunderabad No.SCR/P/HQ/Dy.CPO/IR/PMJJBY Dated: 03-09-2018 All Concerned Sub:  Encouraging Railway Employees to enrol themselves under Pradhan Mantri Suraksha Bima Yojna (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY) - reg. Ref:- Railway Board’s letter No. 2018/E(LL)/RSBY/1 Dated 03.08.2018. Railway Board vide their letter cited, have advised to encourage the Railway Employees to enrol themselves for Insurance coverage under Pradhan Mantri Suraksha BimaYojna (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojna Bima Yojna (PMJJBY) to move towards creating a universal social system. The foll...

Ministry of Labour & Employment Social Security Schemes 23 JUL 2018 The Ministry of Labour & Employment, through its Labour Welfare Organizations across the country, implements welfare schemes relating to housing, education and health for beedi workers, mica mine workers, limestone & dolomite mine workers, iron ore manganese, chrome ore mine workers and cine workers. These schemes were earlier administered through 5 Welfare Cess and Welfare Funds under various Cess Acts of Parliament. Now, these cesses have been abolished/subsumed in GST and the welfare schemes have been retained with funding from the Consolidated Fund of India. Salient features of these welfare schemes: are as follows: (i)  Revised Integrated Housing Scheme-2016:  Subsidy of Rs.1,50,000 for construction of a new house is provided to the workers in three installments. (ii)  Education Scheme:  Financial Assistance varying from Rs.250 to Rs.15,000 per year is provided to the ward...