Published On : Sat, Nov 23rd, 2013

NMC nobel gesture, Insurance cover for college students

Representational picture

Representational picture

Nagpur News: Nagpur Municipal Corporation (NMC) has rolled out yet another welfare scheme. This time, NMC has targeted college going youths. Such youths in the age group of 18-27 will be given insurance under Yuva Jeevan Suraksha Prakalp. Standing committee of the NMC given green signal to this project. With this, chairman Avinash Thakare has fulfilled another vow made while budget presentation this year.

College going youths from families with income less than Rs. 1 lakh will be insured under the scheme. NMC standing committee chairman Avinash Thakare had planned this scheme to provide relief to youths who may suffer in case of accident, death of earning person in family. The scheme will be implemented with the assistance of Star Health and Allied Insurance Company Limited.

All necessary legal documentation will be made for implementation of this scheme. Beneficiaries will be selected on first come first serve basis. If the beneficiary possesses Below Poverty Line (BPL) card he/she will not require to submit income certificate.

The policy will be drawn in the name of Nagpur Municipal Corporation. It will be implemented for the duration of one year. It will be helpful to students in the time of crisis, said Avinash Thakare.

NMC’s provision of Rs. 20 lakh

The NMC will pay Rs. 98 to the insurance company for drawing insurance of a youth under this scheme. NMC has made provision of Rs. 20 lakh for this scheme in current year budget.

Highlights of the scheme

Family will get Rs 50,000 in case of youth meets accidental death or becomes physically challenged.• Youth will get Rs. 1 lakh if the parent dies suddenly. Rs. 10,000 will be given to the youth for hospitalisation.

Requirement for the scheme

The interested youth will have to apply to NMC in a given format. Documents like income certificate from Tehsildar or BPL ration card, resident certificate, ration card, electricity bill, voters identity card or Aadhar card will be required with the application.