Construction workers to get cover

Google+ Pinterest LinkedIn Tumblr +

This is really a good news for construction workers to get organized and enjoy social security benefits.

Bangalore: Here is some cheering news for thousands of construction labourers in Karnataka. Now, they will be covered under pension and health insurance schemes. Not just that, with too many accidents on site, the Karnataka Building and Other Construction Workers’ Welfare Board has also decided to sanction a ‘funeral fund’ of Rs 4,000 for these labourers who move from state to state to earn their daily bread.
All workers and labourers will have to register with the board to avail of accident, medical relief and funeral expenses. Medical expense coverage is extended from minimum Rs 2,000 up to Rs 50,000, especially for chest diseases like TB, cancer and for kidney patients. A sum of Rs 1 lakh is granted for accident and death at construction site. Karnataka has over 82,000 registered construction workers from various parts of the country.

“Once the construction worker completes five years of membership, he will be entitled for a monthly pension of Rs 300. A similar amount will be given in pension for the disabled and those suffering from diseases like cancer or TB,’’ board sources said.

PAY ORDER

FOR REGISTRATION:

Construction workers must have worked for a minimum of 90 days. Pay registration fee of Rs 25, produce employment and age certificate, and pay Rs 10 every month in subscription
LIC ROPED IN: LIC will cover pension and insurance. Soon, workers can avail benefits online

CONSTRUCTION SECTOR REFORMS

 
Share.

About Author

KnowInfoNow.com is a trusted financial resource with over 23 years of expertise, committed to providing essential insights for tax professionals, taxpayers, and the general public. Our platform is designed to simplify financial management and empower individuals to make informed decisions in their daily financial lives. We welcome guest authors, bringing diverse perspectives and specialized knowledge on a range of relevant topics to enrich our content. Whether you're looking for expert tax advice or tips on personal finance, KnowInfoNow.com is your go-to source for practical, up-to-date guidance.

1 Comment

  1. If you wait until things return to "normal", then you can wait a while yet. There is some relief coming in the near future. So what can you do as a construction worker? What can you do with your construction business?

    Online Credit Report

Leave A Reply