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The YS Jaganmohan Reddy government, which has made a name for itself as a people’s government with a large number of welfare schemes, has taken another crucial step. YSR has launched an insurance scheme to help poor families.Andhra Pradesh Chief Minister YS Jagan Mohan Reddy launched YSR Bima scheme on Wednesday. The scheme will benefit 1.14 crore, primary bread earners, in the unorganized sector.
The claiming amount would be directly credited into the beneficiary bank account within 15 days of the claim being made. The Chief Minister also announced that immediate assistance of Rs 10,000 will be provided to the families through village and ward secretariats.YSR Bheema scheme is a kind of insurance Scheme which is providing security on the accident to families of poor and unorganized workers of Andhra Pradesh. Under this scheme, if the beneficiary dies due to an accident or suffers a permanent disability then the insurance amount will be received by the beneficiary’s family member.