Self-Help Groups Current Affairs - 2019

Category Wise PDF Compilations available at This Link

India’s First Garbage Café to open in Chhattisgarh

India’s first ‘Garbage Café’ will soon be opened in Ambikapur city in north Chhattisgarh. It is initiative of Ambikapur municipal corporation. It aims to make Ambikar city plastic-free.

India’s first ‘Garbage Café

In this unique Café, poor people and rag pickers will get free food in exchange for one kilogram of plastic. Besides they will also provided with breakfast in return for exchanging half a kilogram of plastic brought to the cafe. The collected garbage through this café will be sold at Solid Liquid Resources Management Centre. It will be further be turned into granules and will then be used in the construction of roads in the city.

Ambikapur City and Waste management

It is Chhattisgarh’s first dustbin-free city. It has efficient solid waste management system.

It has been hailed as second cleanest city in the country in Swachhata rankings after Indore.

It also has road made with plastic granules and asphalt. 1st such road in Chattisgarh was made in the city by mixing eight lakh plastic bags. The road constructed by mixing plastic and asphalt is durable, because water does permeate through it.

The opening of garbage cafe is another step towards the city’s aim to become free from plastic waste.

The Self Help Groups (SHGs) of women are involved in door to door collection of waste.

Suresh Mathur Committee to review MicroInsurance Framework

The Insurance Regulatory and Development Authority of India (IRDAI) set up Suresh Mathur Committee to review regulatory framework on micro insurance, and to recommend measures to increase demand for such products. It was formed because of less than desired offtake of micro insurance products despite of their inherent benefits in the country. India was seen to be an exciting market and a pioneer in micro insurance sector in world, but its market penetration remains low.

Suresh Mathur Committee

  • Composition: It is a 13-member panel chaired by IRDAI’s Executive Director Suresh Mathur, and comprises of representatives from IRDAI, life, general and health insurance companies in public and private sectors and NGOs.
  • Its task is to suggest product designs with customer-friendly underwriting, such as easy premium payment methods and simple claims settlement procedures.
  • It will suggest about if there is any change in distribution structure, including mobile-based and technology driven solutions and on creating effective awareness programmes.
  • Their recommendations are to submitted within three month time frame.

Microinsurance

  • IRDAI created a special category of insurance policies called micro-insurance policies (a General or Life Insurance policy with a sum assured of Rs 50,000 or less) to promote insurance coverage among economically vulnerable sections of society. The micro-insurance is defined and enabled by IRDAI Micro-insurance Regulations, 2005.
  • General Micro-Insurance product is a Health insurance contract that covers belongings like Hut, Livestock, tools or instruments or any personal accident contract and is either on an individual or group basis.
  • Life Micro-Insurance product is a term insurance contract with or without return of premium, any endowment insurance contract or health insurance contract. It with or without an accident benefits rider and is either on an individual or group basis. There is flexibility in regulations for insurers.
  • Micro- Insurance Business is done by intermediaries such as Non-Government Organisations (NGOs) and Self-Help Groups (SHGs).
  • Micro insurance Benefits- They are specifically intended for protection of low-income people, with affordable insurance products, and micro insurance promises to support sustainable livelihoods of poor.