Hyderabad, Feb. 24 -- The Telangana Cabinet, chaired by Chief Minister A Revanth Reddy, has approved two landmark welfare schemes for government employees and pensioners, including a Rs 1.20 crore accident insurance cover and a comprehensive cashless health scheme with an annual outlay of Rs 1,056 crore.
In a first-of-its-kind initiative in the country, the State government decided on Monday to extend accident insurance to all serving government employees and pensioners without collecting any premium from beneficiaries. In the event of death due to an accident, the family will receive compensation of Rs 1.20 crore, while a term insurance cover of Rs 10 lakh will apply in cases of natural death of employees up to the age of 60 years.
The s...