YSR Bima scheme

Andhra Pradesh government  on 1st July 2021 launched the ‘YSR Bima’ scheme. The main object of the scheme is to provide relief to the families of unorganized workers in case of death or disability of the unorganised worker leaving the families in great distress. Under the scheme, an insurance amount of ₹1 lakh would be paid if the beneficiary aged between 18 and 50 years dies naturally, and ₹5 lakh in respect of accidental death of the beneficiary aged between 18 and 70 years.
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Sources : The Hindu