Current Affairs   »   Andhra CM launches ‘YSR Bima’ scheme

Andhra CM launches ‘YSR Bima’ scheme

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Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has launched the ‘YSR Bima’ scheme with new guidelines, where the government itself will directly pay the insurance amount to the family of the deceased to make the insurance claims easier.

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In order to support 1.32 lakh families through the YSR Bima scheme, the State government allocated Rs 750 crores for the year 2021-22. In the last two years, the State government had spent Rs 1307 crore for YSR Bima.

Important takeaways for all competitive exams:

  • Chief Minister of Andhra Pradesh: YS Jagan Mohan Reddy; Governor: Biswa Bhusan Harichandan.

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