Writeup AP 2011-12 - Punjab State Planning Board

Social Security & Welfare
Ongoing Schemes
Centrally Sponsored/Funded Schemes
SW(S)-5 Janshree Bima Yojana for BPL families (rural & urban) (50% directly
released to LIC by GOI)
480
Outlay - Rs. 400.00 lac
11.11.13 For the upliftment of economically weaker sections of the society, Janshree
Bima Yojana has been introduced during 2008-09 which will cover the people living below
poverty line in both rural and urban areas. The people marginally above the poverty line will
also be covered. 50% of the premium i.e. Rs. 100/- per annum per person would be
subsidized from the Social Security Fund created by the central government being managed
by LIC of India and the balance 50% premium i.e.Rs. 100/- per annum per person would be
contributed by the state government. Persons aged 18 to 60 years are covered for:
(a) Rs. 30,000/- in case of natural death.
(b) Rs. 75,000/- in case of death or permanent disability due to accident.
(c) Rs. 37,500/- in case of partial disability due to accident.
11.11.14 Under this scheme, two children of the insured persons will be eligible for a
scholarship of Rs. 300/- per quarter per child studying in 9th to 12th class without paying
extra premium. The scholarship will be paid only for four years. If the child fails in any
class, no scholarship will be paid to him/her for that very class again. An outlay of Rs.
400.00 lac each was provided during 2008-09 and 2009-10 but no expenditure could be
incurred. An expenditure of Rs. 49.43 lac was incurred during 2010-11. An outlay of Rs.
400.00 lac is provided in the Annual Plan 2011-12 to cover 4,00,000 beneficiaries.
SW(S)-6 Aam Admi Bima Yojana for rural landless households (50% directly
released to LIC by GOI)
Outlay - Rs. 130.00 lac
11.11.15 A group insurance scheme for rural landless households namely Aam Admi
Bima Yojana (AABY) was launched by Government of India on 2 nd October, 2007. This
scheme is to cover all the rural landless households in the State. The total premium per
member per annum is Rs. 200/- out of which Rs. 100/- per annum is borne by Government of
India through a Fund specifically marked for the same. The remaining Rs. 100/- per annum
would be contributed by the state government. Persons aged 18-59 years are entitled for the
following benefits:-
(a) Natural death Rs. 30,000/-