Home / Knowledge / News / Textiles / Rs 16.67 crore spent under MGBBY
Rs 16.67 crore spent under MGBBY
23
Jul '16
The government of India spent Rs 16.67 crore in 2015-16 under the Mahatma Gandhi Bunkar Bima Yojana (MGBBY), which provides insurance cover to registered handloom weavers in the country, the Lok Sabha was informed.

The MGBBY, which is a major component Handloom Weavers Comprehensive Welfare Scheme (HWCWS), provides handloom weavers an insurance cover in case of natural death (Rs. 60,000/-), accidental death (Rs. 1,50,000/-), total disability (Rs. 1,50,000/-) and partial disability (Rs. 75,000/-).

In addition to above, a scholarship of Rs. 300/- per quarter per child is available to students studying in standards IX to XII, for a maximum period of four years or till they complete XII standard, whichever is earlier.

However, the benefit is restricted to two children of the member covered, the Minister of Textiles, Smriti Zubin Irani said in a written reply in Lok Sabha.

The Health Insurance scheme is the second component of (HWCWS). It provides a health cover of Rs 30,000 annually towards treatment as indoor patient. Handloom weavers have been brought under its ambit from March 29 this year, the Minister said.

The government had approved its implementation in the 12th plan on the pattern of Rashtriya Swasthya Bima Yojana (RSBY) of Ministry of Labour & Employment (MoLE).

RSBY was transferred to Ministry of Health & Family Welfare (MoH&FW) w.e.f. 1st April 2015. It issued detailed instructions on 29th March, 2016, for coverage of handloom weavers in RSBY for 2016-17, in the existing pattern of RSBY, i.e. Indoor Patient (I.P.) benefits of Rs. 30,000. (SH)

 

Fibre2Fashion News Desk – India


Must ReadView All

SABIC signs MoU with PRC province for petrochem complex

Textiles | On 26th Sep 2018

SABIC signs MoU with PRC province for petrochem complex

The Saudi Basic Industries Corporation (SABIC) recently announced the ...

New Pakistani federation to fight for workers' rights

Textiles | On 26th Sep 2018

New Pakistani federation to fight for workers' rights

The various unions in Pakistan’s textile and garment industry...

Courtesy: Pexels

Textiles | On 26th Sep 2018

Fitch raises growth forecast for India to 7.8% in 2018-19

Rating agency Fitch last week raised India’s growth forecast for...

Interviews View All

Anshul Sood, Oceedee

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Md Hanifur Rahman, Aman Group

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Mohammad Mamun Ar Rashid, UL VS Bangladesh Ltd

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Ramez Basmaji,

Ramez Basmaji

Fabusse is a Lebanon-based fashion agency that offers a variety of...

Mark Tokuhara,

Mark Tokuhara

Japan-based FitJoy, a shoe brand for women, has been in the footwear...

Lucilla Booyzen,

Lucilla Booyzen

South African Fashion Week (SAFW) is a B2B marketing platform for fashion, ...

Marten Alkhagen, Swerea IVF AB

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Prof Seokheun (Sean) Choi, Binghamton University, State University of New York (SUNY)

Prof Seokheun (Sean) Choi
Binghamton University, State University of New York (SUNY)

A team of researchers from the State University of New York (SUNY),...

Robert Erichsen, Statex Produktions & Vertriebs GmbH

Robert Erichsen
Statex Produktions & Vertriebs GmbH

Statex Produktions & Vertriebs Gmbh, founded in 1978 and headquartered ...

Sidharth Sinha, Sidharth Sinha

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search