Life-insurance to poor people:


The government of India started a life insurance for poor people below poverty line. The government pays 100 Rs. and another 100 Rs. has to be paid by the poor man or woman who wants to be insured. If the man/woman dies during the time of insurance then they get 50.000 Rs. as insurance.
This is a boon for poor people and the staff of IDEAS explained the scheme and made 300 poor people to join in the life insurance scheme. The poor paid (300 people X 100 Rs. = 30.000 ) Rupees so far for their life insurance for one year. They have to continue to pay Rs.100.00 year after year!