New Delhi, June 18: Nearly 60 lakh school teachers in India are likely to get insurance and housing facilities with state education ministers today welcoming the proposal.
HRD Minister Kapil Sibal, who held discussions with state education ministers at the meeting of National Foundation for Teachers’ Welfare (NFTW) in this regard, said the proposed scheme has got “in principle” approval at the meeting.
“I discussed with state education ministers today on the plan for starting insurance and housing schemes for 60 lakh teachers. In principle approval has been given by them for the schemes,” he said at the State Education Ministers conference here.
HRD Ministry is mooting life insurance and health insurance cover and a group housing cover for the 60 lakh school teachers in the country.
The insurance schemes will require financial contributions from the Centre, the states and the teachers. The group housing scheme will be administered at the central level but will not require financial contribution from the Centre or the State Governments.
The Health and Life Insurance Schemes are proposed to cost premium wise, far less for teachers as compared to individual schemes or even schemes run at the state level.

Lastupdate on : Fri, 18 Jun 2010 21:30:00 Makkah time
Lastupdate on : Fri, 18 Jun 2010 18:30:00 GMT
Lastupdate on : Sat, 19 Jun 2010 00:00:00 IST