Insurance Schemes for unorganized sector persons/people living below the poverty line

[Informalisation and Labour Rights - Related News]

The Social Security Scheme namely, Aam Aadmi Bima Yojana (AABY) caters to unorganised sector persons under 48 various vocational groups such Beedi Workers, Brick Kiln Workers, Rickshaw Pullers, Auto Drivers etc. The scheme provides insurance cover of Rs.30,000/-on natural death, Rs.75,000/- on death due to accident, Rs.37,500/- for partial permanent disability due to accident and Rs.75,000/-for total permanent disability due to accident, to such persons in the age group of 18 to 59 years for a premium of Rs.200/-, of which Rs.100/-is paid by Government of India and the balance Rs.100/-is paid by State Governments/Nodal agencies/ individuals, as the case may be.