Assam CM Himanta Sharma announces new policy to offer insurance coverage up to INR one crore for state government employees

Edited and posted by Al Ngullie
September 5,2024 03:07 PM
HORNBILL TV

Assam Chief Minister Himanta Biswa Sharma announced a new policy to offer insurance coverage up to Rs 1 crore for state government employees on Wednesday, the Chief Minister's Office said.

Guwahati (Assam) [India], September 5 (HBTV): Assam Chief Minister Himanta Biswa Sharma announced a new policy to offer insurance coverage up to Rs 1 crore for state government employees on Wednesday, the Chief Minister's Office said. 

In a post on X Assam Chief Minister's Office stated: ‘Himanta Biswa has announced a new policy to offer insurance coverage for state government employees: INR 10 lac for life insurance, INR 1 crore for Personal Accidental (Death), INR 1 crore for total disability and INR 80 lac for partial disability.’    

The Chief Minister's Office said the Assam Cabinet has resolved to introduce a new insurance policy that will offer up to INR 1 crore coverage for state government employees. 

The CMO stated, "We resolved to introduce a new insurance policy that will offer up to INR 1 crore coverage for State government employees. Offer 20% bonus for Assam Tea Corporation Ltd employees and workers. Extend INR 200 crore power subsidy to APDCL for the benefit of economically weaker consumers. Establish Assam's third Taj Hotel in Jagiroad. Amend the State's Startup & Industrial Policy.’ 

The CMO said that the Assam Cabinet key decisions include enhanced insurance coverage for state government employees.

The CMO said that to ensure financial stability of state government employees and/or their family members in the unfortunate event of their death or disability, the Cabinet has accorded approval to signing of an MoU with State Bank of India or any other Scheduled Commercial Bank having salary account of state government employees to provide zero-premium based insurance coverage.   

The details: 

"In case of accidental death: INR 1 crore; In case of permanent disability: INR 1 crore; In case of partial disability: INR 80 lakh; In case of death in service due to any illness: INR 10 lakh. This insurance coverage will be over and above the regular benefits applicable to state government employees,’ the CMO added. 

Earlier, Himanta Biswa Sharma briefed the media on the historic decision of the Assam Cabinet to accept 57 of the 67 recommendations of the Justice (retd) Biplab Sarma Commission on the implementation of Clause 6 of the Assam Accord. 

"Today marks a historic milestone for Assam as the Cabinet has approved 57 out of 67 recommendations from the Justice (retd) Biplab Sarma Commission. This stands as one of the most significant efforts since Independence to protect the rights of the people of Assam," the CMO shared. 

(ANI)