Maharashtra government to launch Gopinath Munde Farmers Accident Insurance Scheme

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Who: Gopinath Munde Farmers Accident Insurance Scheme
What: Maharashtra government decided to launch it
When: 24 November 2015

The Maharashtra government on 24 November 2015 decided to launch Gopinath Munde Farmers Accident Insurance Scheme 2015-16. The scheme will cover accidental death of handicap of the farmers.

The insurance scheme is aimed at ensuring social and economic security to farmers and their families.

The scheme is likely to benefit 1.37 crore farmers in the 10-75 year age group whose names are registered in the land records.

As per the new scheme to be implemented from year 2015-16, each farmer will get two lakh rupees annual insurance cover. The government will pay the premium of 27.25 crore rupees for the scheme.

Gopinath Munde Farmers Accident Insurance Scheme will cover
• Road and rail accidents
• Eventualities like snake bite, murder, electric shocks, scorpion bites, Naxal attacks, animals attacks and lightning strikes

The term of current scheme ‘Farmer Accident Insurance Scheme’ ends on 30 November 2015 and hence the new scheme has been started.