TIRUPATI: The State government would be launching from November a scheme to provide insurance coverage to the tune of Rs.10,000 crore to be disbursed under Pavala Vaddi scheme to 60 lakh DWCRA members this fiscal.
The insurance scheme to be formally launched by Chief Minister Y.S. Rajasekhara Reddy would also cover bridge loans, social-security loans at a nominal premium. so that insurance coverage is provided to the loanee or family in case of death .
This was indicated on Monday at a training programme for area coordinators, insurance anchorpersons and district training coordinators engaged in the implementation of government schemes aimed at elimination of rural poverty.
According to Regional Deputy Director, Society for Elimination of Rural Poverty P. Chinna Thathaiah, the State has set for itself a target to provide insurance coverage to 85 lakh persons by the year 2010 under various schemes like Aam Aadmi, Janasree Yozna and such other group insurance. Nearly 85 lakh have already been brought under the purview of these schemes, he said.
It is informed at the meeting that the State government was spending as much as Rs.180 crore towards pensions payable to widows, destitute women, handicapped, etc.
Pension payable to the physically-challenged was Rs.500 per month from December this year.
Besides trainees from Chittoor, Kadapa and Nellore districts, Project Director of DRDA, Chittoor, Radhakrishna Murthy participated in the programme.