What are the benefits under PAIS and amount of premium to be borne by a farmer?
The risks covered under PAIS are as under: Death due to accident – calim at Rs.50,000 Permanent total disability Rs.50,000 Loss of two limbs or two eyes or One limb and one eye Rs.50,000 Loss of one limb or one eye Rs.25,000 The farmer has to pay Rs.5/- per annum whereas the bank bears Rs.10/- p.a.