SchemesMonday, 23 March 2026·https://testbook.com/current-affairs/23-march-2026-daily-current-affairs
Telangana announces Indiramma Family Life Insurance Scheme with ₹5 lakh cover for 1.15 crore families
Telangana announced a ₹5 lakh life insurance cover for about 1.15 crore families under the Indiramma Family Life Insurance Scheme.
Key highlights
Direct fact
In the Telangana Budget for FY 2026-27, the government announced the Indiramma Family Life Insurance Scheme, which will come into force on 2 June 2026 and provide ₹5 lakh cover to eligible families.
Key specifics
- The scheme targets about 1.15 crore families across Telangana.
- Each eligible family will receive a life insurance cover of ₹5 lakh.
- The cover is stated to be universal, irrespective of economic or social status.
- Deputy Chief Minister Mallu Bhatti Vikramarka said the scheme aims to prevent financial ruin after the death of an earning member.
- The effective date announced for the insurance cover is 2 June 2026.
Exam lens
State scheme question, Telangana Budget 2026-27, ₹5 lakh cover, 1.15 crore families, 2 June 2026; TNPSC may ask the scheme name, beneficiary count and effective date.