Finance
Sher ShayarKerala ki cabinet ne Rs 10 lakh ka insurance banaya jadoo!
Kerala ki cabinet ne kiya hai ek naya chamatkar, bhai! Rs 10 lakh ka insurance scheme, gharon ko bachane ka ek naya safar shuru! Pinarayi Vijayan ji ka kehna hai, "Bachao, sambhalo, aur khush raho!" Har ghar ko milega ek bada sa chhatri, taaki baarish ya toofan aaye, toh hum na ho pareshan. Yeh scheme hai ek naya raasta, kyunki baarish ki baarish aur baadalon ki baatein ab honge insured! Kya baat hai!
few days ago | Amit Kumar
Quick rundown
1.Kerala launches insurance for disaster-damaged homes.
2.Scheme covers Rs 10 lakh per house, costing Rs 120.75 crore annually.
3.Two-part model: parametric for state, indemnity for BPL households.
4.Insurance aims to reduce financial strain from frequent disasters.
5.Kerala sets precedent in formal risk financing for climate resilience.
