The Manmohan Singh Government today launched medi-claim facility for farmers holding Kisan Credit Cards ( KCC) issued by Dena Bank.
Launching the scheme in New Delhi, Finance minister P Chidambaram handed over medi claim policies and ID cards to six farmers of different states holding KCC of the bank. He said it is an innovative and noble scheme for the benefit of farmers across the country.
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Chidambaram mentioned though it is a small step, in terms of coverage of farmers to provide hassle free cashless medi claim facility, yet it is a welcome step. He also assured to implement the scheme on a large scale to cover as many farmers as possible in coming days.
The Finance Minister also stressed the need to take immediate action by the non life insurance sector to increase penetration and coverage.
He said that India is one the most under insured country as non life insurance sector has a penetration of only 0.7 per cent, and stressed the need to increase insurance density in the country.