Corona Warriors: Rs. 50 lakh compensation for these workers announced by Modi government
In a major development, Rs. 50 lakh compensation has been declared by Modi government for the Port employees/workers in case of loss of life due to COVID-19.
In a major development, Rs. 50 lakh compensation has been declared by Modi government for the Port employees/workers in case of loss of life due to COVID-19. Noteworthy, all port employees including contractual labourers employed directly by the Port and other contractual employees are covered.
According to an official statement, Ministry of Shipping has decided that all the Major Ports may grant compensation /Ex-Gratia in the event of loss of life due to COVID-19 to the dependent members/legal heirs of the port employees as under:
Category: Amount of compensation/Ex-Gratia (Rs.)
All Port employees including Contract Labourers employed directly by the port: Rs 50 Lakhs
Other Contractual Labourers: Rs 50 Lakhs
"Monetary Compensation is declared to cover the risk of life due to COVID-19 contamination while discharging the Port related duty. Port Chairman is the competent authority for the settling claims/ disbursement of the compensation/Ex-Gratia and verifying authority for the cause of death from COVID-19," Ministry of Shipping said.
Ministry of Shipping further added, "This compensation is applicable only for the pandemic of COVID-19 and shall be in force up to 30.09.2020, subject to review thereafter."
Meanwhile, the death toll due to COVID-19 rose to 934 and the number of cases climbed to 29,435 in the country on Tuesday, according to the Union Health Ministry. The number of active COVID-19 cases stood at 21,632, while 6,868 people have recovered and one patient has migrated, the ministry said.
The total number of cases include 111 foreign nationals.
A total of 48 deaths were reported since Monday evening of which 27 fatalities were reported from Maharashtra, 11 from Gujarat, five from Rajasthan, four from Madhya Pradesh and one from Jammu and Kashmir
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
05:33 PM IST