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.
“The ministry is working to increase the insurance cover for weavers in the handloom sector…it will encourage more weavers to get covered in the insurance net,†said an official from the textile ministry.
The government released Rs 16.67 crore under the scheme in 2015-16 compared with Rs 16.39 crore in 2014-15, when 5.74 lakh weavers were enrolled. The benefit is restricted to two children of the member.
The textile sector is the country’s second-largest employer.
“It is a good move to increase protection for weavers as this is the only scheme in which the benefits directly get accrued to them,†said textile expert DK Nair
Milliken & Company has announced its collaboration with NASA to design and manufacture flame-resistant (FR) intimate fabric for the upcoming…
Teflar, a New York City-based brand, unveiled Telfar Denim, a collection featuring unisex jeans, shorts, skirts, and jackets, known as…
AGI Denim announced the AGI Denim Regenerative Cotton Farm Project with REEDS, aimed at promoting sustainable agricultural practices directly on…
Possenia has proudly announced its groundbreaking achievement as Switzerland’s inaugural cycling brand to introduce the Bluesign® Product label in Europe.
The LYCRA Company has announced a letter of intent with DCC to convert QIRA® into low-impact PTMEG, the primary ingredient…
Spinnova's R&D yarn spinning line has been launched at Tearfil's mill in Portugal with Rieter providing the machinery for the…