Defence Ministry launched a new scheme- Chhavni COVID: Yodha Sanrakshan Yojana, for the Cantonment employees. On August 25, 2020, Defence Minister- Mr. Rajnath Singh announced this scheme for the employees in Cantonment Boards thereby providing them a life insurance cover. This insurance cover is to cover any unfortunate fatal incident.
Scheme Overview:
Scheme name: | Chhavni COVID: Yodha Sanrakshan Yojana, |
Scheme Under: | Central Government |
Launched by: | Defence Minister, Mr. Rajnath Singh |
Launch Date: | August 25, 2020 |
Scheme Type: | Life Insurance Scheme |
Beneficiaries: | Cantonment Employees across India |
Benefit: | Group Life Insurance Cover through LIC |
Major Objective: | To provide life insurance cover for any unforeseen fatal incident. |
List of scheme lunched by Central Government
Scheme Objectives and Benefits:
- The main objective of the scheme is to provide a life insurance cover to cantonment employees
- More than 10,000 employees are covered under one group insurance scheme under this scheme
- Benefit of 5 lakhs will be provided under this scheme in case of any fatal incidence
- This scheme aims to cover all the permanent and contractual employees from cantonment areas
- It aims to insure the lives of all the employees for security and well-being.
Key Points:
- Yodha Sanrakshan Yojana is launched by Finance minister in a webinar held on August 25, 2020
- It is a group insurance scheme for all the cantonment employees through Life Insurance Corporation of India
- Under the scheme, more than 10,000 employees from all the 62 cantonment boards across the county will be covered
- Benefit of Rs. 5 lakhs will be provided in case of any unforeseen fatal incident
- All permanent, contractual employees including doctors, paramedics and sanitation staff are covered under the scheme
- Improving the implementation of centrally sponsored schemes in the cantonment areas was also discussed in the webinar.
- A press release has been published regarding the webinar and official scheme details @ pib.gov.in