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Mahatma Gandhi Bunkar Bima Yojana

  • 21 Mar 2020
  • 2 min read
  • The Bunkar Bima Yojana was introduced by the Government of India in December, 2003. Since 2005-06 this scheme has been revised and implemented with the title “Mahatma Gandhi Bunkar Yojana”.
  • It is being implemented by the Ministry of Textiles.
  • Objective: To provide enhanced insurance cover to the handloom weavers in the case of natural as well as accidental death and in cases of total or partial disability.
  • Eligibility: All weavers, whether male or female, between the age group of 18 and 59 years.
  • The claim benefits are provided by the Life Insurance Corporation of India (LIC) directly into the bank account of beneficiaries through Direct Benefit Transfer (DBT).
  • The annual premium is Rs. 470 out of which Rs. 290 is paid by the central government.
  • The Government of India organizes Hastkala Sahyog Shivirs in handloom clusters across the country in association with State Governments and LIC for creating awareness about the scheme among the weavers.
  • The Ministry of Textiles also regularly organizes awareness programmes and camps through its Weavers’ Service Centres (WSCs) to facilitate enrolment under the insurance schemes.
    • WSCs provide the weavers with different facilities including banking, passport, etc.

Source: PIB

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