The Supreme Court Bar Association (SCBA) is set to launch a group insurance scheme for its members, thanks to a significant contribution of Rs 50 crore from some of India’s top business leaders. The donors include prominent industrialists such as Gautam Adani, Mukesh Ambani, Anil Ambani, Lakshmi Mittal, Anil Aggarwal, Kumar Mangalam Birla, and the Torrent Group, among others.
According to reports, it was Kapil Sibal, a senior advocate and former Union Minister, who approached these business leaders to solicit funds for the insurance scheme. The initiative aims to provide financial security to the members of the SCBA, which comprises lawyers practicing in the Supreme Court of India.
The group insurance scheme is expected to offer a range of benefits to SCBA members, including life insurance, health insurance, and other forms of financial protection. The scheme will be designed to provide a safety net for lawyers and their families in the event of unforeseen circumstances, such as illness, injury, or death.
The contribution of Rs 50 crore from Indian business giants is a significant gesture of support for the legal community. The donors have demonstrated their commitment to the welfare of lawyers and the legal profession as a whole. The SCBA has expressed its gratitude to the contributors, acknowledging the importance of their support in launching the insurance scheme.
The initiative is also seen as a positive step towards promoting the well-being of lawyers, who often work under high levels of stress and pressure. The insurance scheme will help to alleviate some of the financial burdens faced by lawyers and their families, allowing them to focus on their work without undue worry about their financial security.
Overall, the group insurance scheme for SCBA members is a welcome development, and the contribution from Indian business leaders is a testament to the importance of supporting the legal community. The initiative is expected to have a positive impact on the lives of lawyers and their families, and will help to promote the overall well-being of the legal profession.