Kerala becomes First Indian State to Launch Welfare Fund for Workers under MGNREGS

Kerala becomes First Indian State to Launch Welfare Fund for Workers under MGNREGS

Daily Current Affairs   /   Kerala becomes First Indian State to Launch Welfare Fund for Workers under MGNREGS

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Category : National Published on: May 18 2023

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  • Kerala became the first state in India to launch a welfare fund for Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) workers in the State.
  • The welfare fund has been formed as per the Kerala Employment Guarantee Workers' Welfare Fund Act, 2021.
  • The initiative was launched by the Chief Minister (CM) of Kerala Pinarayi Vijayan at Kotta Maidanam, Palakkad, as part of the 100-day action plan in connection with the state government’s second anniversary.
  • Under this, the workers who have completed the age of 60 will be entitled to a pension which will also provide financial assistance for medical treatment, education, and marriage, among other benefits.
  • Under this, the workers need to pay a nominal monthly amount of Rs 50 as a contribution to the fund and the government will also contribute an equal amount.
  • Those who have paid the contributions for ten or more years, and their families will get the benefits in case of the beneficiary’s death.
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