JAMMU: Jammu and Kashmir Government has not only notified but made compulsory, a scheme for state employees which is not less than looting employees on the name of welfare to generate revenue, as the scheme is being made compulsory for every employees. Each employees of the state has to pay yearly premium of Rs 359.90. The amount of Rs 359.90 includes GST at the rate of 18%. The entire component include basic premium of Rs 305 while as the GST part would be Rs 54.90.
The state has in total, 3.50 lakhs employees and charging Rs 54.90 as GST from each employee which amount to a total of Rs 1,92, 15,000 ( One crore, ninety two lakhs and fifteen thousand). By this scheme the state government is generating nearly Rs 2 crore revenue, which on the name of welfare scheme, will be winkled out from the pockets of employees by force, as the policy is made compulsory.
Relevant to mention here that, the Jammu and Kashmir government on Monday accorded sanction to tie up for Group Personal Accidental Insurance policy for the employees with M/S Oriental Insurance Company Limited. The tie-up will be for one year commencing 1 December 2017 to 30 November 2018 (midnight).
As per the order issued, the policy shall cover employees of the state government including employees of PSUs, Autonomous Bodies, Local Bodies, Universities, daily rated workers, casual workers, consolidated workers, contractual / contingent paid workers, adhoc employees and SPOs.
The order further states that the DDOs of the government shall deduct Rs 359.90 from all categories of employees from the salaries of November 2017. The DDOs of the autonomous bodies shall do the same thing in their respective institutions and remit the deducted amount to the Finance Department by cheque drawn in favour of the Principal Secretary, Finance Department.
According to the order, a detailed Memorandum of Understanding / agreement indicating the terms and conditions and other related details shall be executed between the Government of Jammu and Kashmir and M/s Oriental Insurance Company Limited.
Meanwhile, the Finance Department has also accorded sanction to the advance drawal of Rs 12, 59, 65, 000 @ Rs 359.90 per employee under Major Head 8235 for subsequent release of the amount to the M/S Oriental Insurance Company Ltd as premium for Group Personal Accidental Insurance Policy one year from the date of payment of premium.
Point to be noted here, the premium amount to be charged from the state employees includes the amount of GST at 18%, but the company OIC, seems have been deliberately exempted from GST as the amount of GST too is being extracted from the pockets of employees, and the company is exempted, which otherwise is supposed to be paid by them and as this is a welfare scheme, employees should have been exempted.
LIST OF SERVICES AT NIL RATE..........................................................................................................
Description of Services Rate
36 Services of general insurance business provided under following schemes –
(a) Hut Insurance Scheme;
(b) Cattle Insurance under Swarnajaynti Gram Swarozgar Yojna (earlier known as Integrated Rural
(c) Scheme for Insurance of Tribals;
(d) Janata Personal Accident Policy and Gramin Accident Policy;
(e) Group Personal Accident Policy for Self-Employed Women;
(f) Agricultural Pumpset and Failed Well Insurance;
(g) premia collected on export credit insurance;
(h) Weather Based Crop Insurance Scheme or the Modified National Agricultural Insurance Scheme,
approved by the Government of India and implemented by the Ministry of Agriculture;
(i) Jan Arogya Bima Policy;
(j) National Agricultural Insurance Scheme (Rashtriya Krishi Bima Yojana);
(k) Pilot Scheme on Seed Crop Insurance;
(l) Central Sector Scheme on Cattle Insurance;
(m) Universal Health Insurance Scheme;
(n) Rashtriya Swasthya Bima Yojana;
(o) Coconut Palm Insurance Scheme;
(p) Pradhan Mantri Suraksha BimaYojna;
(q) Niramaya Health Insurance Scheme implemented by the Trust constituted under the provisions of
the National Trust for the Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and
Multiple Disabilities Act, 1999 (44 of 1999).
41 Services provided to the Central Government, State Government, Union territory under any insurance
scheme for which total premium is paid by the Central Government, State Government, Union territory.