Haryana CM launches insurance schemes for small traders

CHANDIGARH: Haryana chief minister, Manohar Lal today launched two insurance schemes for registered small and medium traders in the State namely Mukhyamantri Vyapari Samuhik Niji Durghatna Beema Yojana and Mukhyamantri Vyapari Kshatipurti Beema Yojana and made several other announcements for the welfare of people belonging to different sections of the society.

Manohar Lal who was addressing a press conference here today said that premium of Rs 38 crore of both the insurance schemes would be paid by the State Government. On this occasion, he also presented insurance certificates to six beneficiaries under the scheme.

He said that an insurance cover of Rs 5 lakh would be provided under the Mukhyamantri Vyapari Samuhik Niji Durghatna Beema Yojana and insurance cover ranging from Rs 5 lakh to Rs 25 lakh under the Mukhyamantri Vyapari Kshatipurti Beema Yojana. Traders registered under the Haryana Goods and Service Tax (HGST) Act, 2017 would be covered under these schemes.

He said that under the Mukhyamantri Vyapari Samuhik Niji Durghatna Beema Yojana, 3.75 lakh registered traders would be provided insurance cover of Rs 5 lakh. The benefit of insurance would be admissible in case of accidental death, permanently disability and damage to two body organs, or eyes or one organ or one eye.

The Chief Minister said that Haryana is the first State in the country to implement Mukhyamantri Vyapari Kshatipurti Beema Yojana under which insurance benefits ranging from Rs 5 lakh to Rs 25 lakh would be provided to the traders on the basis of their turnover to compensate the loss of their stock caused due to fire, theft, flood and earthquake and damage to furniture and other goods. About 3.13 lakh registered small and medium traders would be befitted under this scheme.

He said that under this scheme, insurance cover of Rs 5 lakh would be provided to the traders having annual turnover of upto Rs 20 lakh, Rs 10 lakh in case of annual turnover between Rs 20 lakh to Rs 50 lakh, Rs 15 lakh for turnover between Rs 50 to Rs one crore, Rs 20 lakh for turnover between Rs 1 crore to Rs 1.5 crore and Rs 25 lakh for traders having turnover of over Rs 1.50 crore. He said that there are 3,13,112 registered firms in the State in which the number of registered traders are 3,86,669.

On this occasion, the Chief Minister also announced that all those families in the State having annual family income of Rs 1.80 lakh would be covered under the Ayushman Bharat Yojana under which they would be provided free annual treatment facility of upto Rs 5 lakh. He said that now the benefit of this scheme would also be extended to the construction workers, Loktantra Senanis, 'Matribhasha Satyagrahis and their spouse, accredited media persons, nambardars, BPL families, riot victims of 1984, ex-servicemen of Azad Hind Fauj and soldiers of second world war.

Source: The Economic Times