Telangana government introduces life insurance cover of Rs 5 lakh for handloom weavers – न्यूज़लीड India

Telangana government introduces life insurance cover of Rs 5 lakh for handloom weavers


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oi-Foziya Khan

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Published: Monday, August 8, 2022, 16:29 [IST]

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Hyderabad, August 08:
The Telangana government on the occasion of National Handloom Day on Sunday launched the Nethanna Bima Yojana for handloom weavers under which they will get a life insurance cover of Rs 5 lakh. The State Government has tied up with Life Insurance Corporation of India (LIC) for the ‘Nethana Bima’ scheme and has designated the State Handlooms and Textiles Department as the nodal agency for its implementation. The scheme is implemented by LIC, while the annual premium amount of the beneficiaries will be paid by the government to the insurance company on their behalf. Telangana Rashtra Samithi (TRS) MLC Ramana said, “On National Handloom Day, the state and central government have come together for the benefit of a handloom weaver. No government has imposed tax on handloom but the Prime Minister for the first time on handloom. 5% tax and we request the removal of handloom tax. The central government should take a decision to zero GST.” Earlier there was life insurance for farmers and now there is insurance for weavers also. They should be given insurance as they spend their entire lives weaving,” he said.

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Ramana further said that in Telangana, around 1 lakh direct and indirect weavers work in the handloom and textile industries. The government has decided to give Rs 5 lakh to their nominees on their death. This is the first time that weavers have been given life insurance. Padma Shri awardee and weaver, Chintakindi Mallesham said, “I am grateful to KCR on behalf of handloom workers as this is one of the best schemes for handloom weavers. provides insurance.” National Handloom Day is celebrated every year on 7 August to recognize the contribution of handloom weavers of the country. On this day, the handloom weaving community is honored and the contribution of this sector to the socio-economic development of this country is highlighted. PM Modi declared 7 August as National Handloom Day to mark the Swadeshi movement as the movement was started on this day in 1905. The movement involved a revival of domestic products and production processes. A symbol of the rich and diverse cultural heritage of our country, handloom is an important sector providing livelihood to the rural and semi-rural parts of our country. This is an area that directly addresses women empowerment with over 70 percent of all weavers and allied workers being women. One of the defining movements in our struggle for independence was the Swadeshi movement. August 7 was chosen as the National Handloom Day to commemorate the Swadeshi Movement launched on this day at the Calcutta Town Hall in 1905 to protest the partition of Bengal by the British Government. The first National Handloom Day was organized by PM Modi in Chennai in 2015, with the main objective of making people aware of the rich history of Indian handlooms. The day not only celebrates India’s rich handloom heritage, but also commemorates the Swadeshi Movement of 1905, one of several campaigns to help the handloom industry, when the COVID-19 pandemic began to disrupt the economy. Had done it.

english summary

Telangana government introduces life insurance cover of Rs 5 lakh for handloom weavers

Story first published: Monday, August 8, 2022, 16:29 [IST]

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