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of <h1>Coal Mine Workers Get Enhanced Life Insurance with Employer-Government Shared Contribution Under New Deposit-Linked Scheme</h1> The amendment introduces a Coal Mines Deposit-linked Insurance Scheme to provide life insurance benefits for employees covered by the Coal Mines Provident Fund Scheme. Employers must contribute up to 1% of an employee's wages to an Insurance Fund, with the Central Government matching half the contribution. The fund will cover administrative expenses and life insurance benefits, managed by a Board according to specified guidelines. The scheme aims to enhance financial protection for coal mine workers through a structured insurance mechanism.
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