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Late Balasaheb Thackeray Accident Insurance Scheme, Maharashtra – Maharashtra cabinet approved the Balasaheb Thackeray road accident insurance scheme for accident victims

In a major policy decision, the Maharashtra Cabinet meeting chaired by Chief Minister Shri Uddhav Thackeray approved a Rs 125-crore road accident insurance scheme named after the Late Shiv Sena founder-Chief Shri Bal Thackeray.  The highlight of the scheme is that the state government will foot the tab for Rs 30,000 of the treatment cost in the initial 72 hours after the accident, covering 74 treatment modalities. This will free the victims of the burden of having to shell out money in the midst of a crisis.

This amount of Rs 30,000 will cover treatment in the intensive care unit and ward, fractures as well as in-hospital meals. However, the scheme will not cover industrial accidents or accidents during daily work at home or train accidents.

Public Health Minister Shri Rajesh Tope said the objective was to provide immediate medical services and financial assistance to road accident victims during the ‘golden hour’. The state government will provide subsidies to the State Health Guarantee Society for the implementation of the scheme and insurance companies will be selected in a prescribed manner.

The scheme will benefit people involved in road accidents in Maharashtra.

The government has also provided a toll-free number to register complaints with regard to the implementation of the scheme.

Scheme Overview:

Scheme name: Late Balasaheb Thackeray Accident Insurance Scheme
Scheme Under: Maharashtra Government
Approved by: State Cabinet
Implemented by: State Health Assurance Society
Scheme Type: Accident Insurance Scheme
Beneficiaries: Road accident victims in the state
Benefit: Up to Rs. 30,000 to the victim for the first 72 hours of his/her hospital stay
Major Objective: Immediate treatment in case of road accidents thereby reducing the fatality rate
Annual Outlay: Rs. 120 crores


  • The funds for the implementation of the scheme will be made available by the State Health Assurance Society which will then choose the Insurance Companies·        
  • The Scheme is formulated on the lines of Mahatma Phule Jan Arogya Yojana wherein impaneled hospitals treat patients and recover the cost from insurance providers·        
  • A victim not hailing from Maharashtra will also be considered to get the benefit of the scheme·       
  • Under the scheme, the nearest hospitals will treat patients for an initial 72 hours covering treatment costs for intensive care unit (ICU), orthopedic,  stay in hospitals, and meals,·        
  • A dedicated helpline will also be set up for effectively implementing the road accident scheme


Late Balasaheb Thackeray Accident Insurance Scheme, Maharashtra – Views of KARMA MANAGEMENT GLOBAL CONSULTING SOLUTIONS PVT. LTD.

The above decision is taken, cutting across all boundaries and barriers.  The very good thing about this positive outlook is that, in the case of an accident victim, be it of any state or the country can avail the benefits of the scheme if he or she meets with a road accident within Maharashtra,   This will definitely be a counter to the existing process of people refusing to help or aid any accident victim, mainly because of the grueling administrative procedures applied for accident cases brought in by fellow sympathizers and social workers who have to bear the brunt of the cumbersome process.

On average 40,000 people are injured and 13,000 people die in accidents on the state highways and rural roads every year across Maharashtra. Many victims,  can be saved if they get timely treatment during the ‘golden hour’ — the period of time following a traumatic injury during which there is the highest likelihood that prompt medical and surgical treatment will prevent death.

Road accidents in modern times continue to remain a cause for concern. Improved technologies have also not helped the situation due to poor road conditions and shrinkage of space available on major arterial roads due to exponential growth in multispeed vehicular traffic. Maharashtra is the proud custodian of over 17,757 Kms of Highways. Human Error triggered 80% of these fatalities. The primary causes are rash driving, over-speeding, traffic signal violations, ignoring seat belt and helmet rules, wrong side driving, and dangerous overtaking. Seventy Percent of fatalities constitute a combination of pedestrians, two-wheeler riders, and cyclists. They often belong to the less affluent segments of society. Crippling injuries to people in this segment can cripple them and their families – financially and socially. It could often trap them in vicious debt cycles

Listed below are the most common mistakes committed by road users in Maharashtra state, which lead to accidents.

  1. Over Speeding
  2. Drunken Driving
  3. Red Light Jumping
  4. Avoiding Safety Gear like Seat belts and Helmets.
  5. Non-adherence to lane driving and overtaking in a wrong manner.
  6. Wrong side driving.

It is our earnest desire that all infrastructure and administrative work roll out the scheme gets done faster, so that the government approved scheme, gets implemented in the shortest possible time.

The erstwhile name of Karma Management Consultants Pvt. Ltd. being gradually transformed into Karma Management Global Consulting Solutions Pvt. Ltd. due to its worldwide enhanced capabilities in sync with the global technological requirements,  has always been at the forefront of regulating compliances  for small, medium and high-end companies, be it the statutory  labour laws governances  or the regulations under the Employees Compensation Act, 1923 or the Motor Vehicles Act, 1988 as amended in 2019 or the Employees Provident Fund Act, 1952 or the Employees State Insurance Act, 1948 where the benefits to employees have always been at the heart of its  mission statement of  “ touching  people’s life internally and externally with our strong value systems.

Outsourcing or Temp Staffing is one of our growing business verticals, with about 3000 employees onboard our roll,  there have been umpteen cases of accidents of our employees requiring compensation, whether in accidents or deaths covered by ESIC  or natural deaths covered by Provident Fund’s Employee Linked Insurance Scheme or on the job accidents covered by Employees Compensation Act or road accidents covered by Motor Vehicles Act,  Karma has always done its best to claim these compensations for its employees as a kind of  immediat4e “shelter relief” for the families faced with such drastic calamities.  The march is on and Karma will continue to do whatever possible to bring solace to such affected families under the umbrella of “Advisory Services” available to anyone in need and can approach our Marketing/Sales Team for this purpose.

It, therefore, takes a step forward in joining its hands with the authorities in the pursuit of such intensive benefit changes in the policy, where the Organisation and its employees will continue to upkeep the compliances as is laid by the authorities at all times.  Needless to mention, Karma regularly has a wellness program for all its employees where health, safety, and environment programs are held from time to time, as a matter of consciously imbibing and strengthening its value systems.

Thank you and looking forward to helping anyone in need, for further queries please write to us at advisory@karmamgmt.com, and for services connect on sales@karmamgmt.com.

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