Telangana govt to expand insurance policy protection to weavers under ‘Nethanna Ku Bima’ Scheme

Hyderabad: The State government to expand insurance policy protection tohandloom and also powerloom weavers under Nethanna Ku Bima Scheme from August 7– the National Handlooms Day.

Telangana was the initial State in the country to expand insurance policy protection to weavers, claimed Handlooms Minister KT Rama Rao in a declaration provided below on Monday.

The State government has actually currently provided orders to expand insurance policy protection to weavers matured under 60 years under the Nethanna Ku Bima Scheme on the same level with farmers Rythu Bima Insurance Scheme.

Under the plan, if any kind of weaver passes away as a result of any kind of condition or any kind of unfortunate occurrence, after that Rs 5 lakh insurance coverage would certainly be supplied, he claimed, including Telangana government was dedicated to the well-being of weavers in the State.

“The move to extend insurance coverage to weavers will instil some financial confidence among their families” Rama Rao claimed.

With the execution of the insurance policy protection plan, virtually 80,000 handloom and also powerloom and also secondary weavers will certainly obtain profited in theState The insurance policy protection would certainly be reached weavers in the age of 18 to 59 years.

For efficient execution of the plan, State- degree and also District- degree committes would certainly be constitued, the Minister claimed.

Since 2016-17, the Telangana Government has actually been approving an unique spending plan of Rs.1200 crore (with BC well-being) each year for the handlooms industry. This remained in enhancement to the routine economic aid being to handloom industry in the spending plan, he claimed.

In the 2022-23 economic year, the State Government has actually assigned Rs.55.12 crore to the handloom industry. In enhancement to this,Rs 400 crore was approved under Weaker Section well-being spending plan, he claimed.

As per the guidelines of Chief Minister K Chandrashekhar Rao, the State Government was applying Chenetha Mithra, Nethanna Ku Cheyutha (second hand fund plan), car loan waiver plan, study and also development and also brand name promo programs, Bathukamma sarees orders, weavers second hand fund, 50 percent aid on power energy by weavers, impends seva centres, employee to proprietor plan, market rewards and also various other programs, besides establishing Siricilla Textiles Park, Mini Textiles Park, Warangal, Sircilla Apparel Park and also Handlooms Park, Gadwal, he included.