Related Keywords: Handloom weavers, insurance cover, Textile Ministry
The ministry of textiles plans to increase the insurance cover for handloom weavers, a sector that is on the government radar for occupation creation, more than three-fold in some cases. The Mahatma Gandhi Bunkar Bima Yojana provides insurance to handloom weavers in the case of natural and accidental death and total and partial disability.
The ministry has proposed increasing the cover for accidental death from Rs 1.5 lakh to Rs 4 lakh. In case of natural death, benefit may be raised to Rs 2 lakh from Rs 60,000 now.
