Sum assured under EDLI scheme hiked to Rs 7 lakh

The Labour Ministry has published a notification carrying out Amendment in the new Employees’ Deposit Linked Insurance Scheme, 2021 under which it has been decided to hike the maximum sum assured from the existing Rs 6 lakh to Rs 7 lakh, and for minimum sum assured to continue at Rs 2.5 lakh to member beneficiaries.

Refer the link - 226788.pdf (egazette.nic.in)

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Very useful. Thanks @Bhuvana_Anand

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