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[QUOTE=ijt.Ranjani;315679][B][U]Organization [/U][/B]: Ministry of Textiles
[B][U]Scheme Name [/U][/B]: Mahatama Gandhi Bunkar Bima Yojana MGBBY

[B][U]Home Page [/U][/B]: [URL]http://handlooms.nic.in/Default.aspx[/URL]
[B][U]Details Here [/U][/B]: [URL]http://www.indianjobtalks.com/uploads/76009-MGBBY.pdf[/URL]

[B][U]MGBBY :[/U][/B]
The Government of India had introduced the „Bunkar Bima Yojana‟ in December, 2003 which was a combination of Janshree Bima Yojana and Add-on Group Insurance Scheme being implemented in collaboration with the Life Insurance Corporation of India. Since, 2005-06 this scheme was revised and has been implemented revised with title “Mahatma Gandhi Bunkar Yojana”.  
 
During the XII  Plan the Mahatma Gandhi Bunkar Yojana will continue to be implemented with the same benefits as were given in 11th plan period.  The scheme will cover 26.19 lakh weavers during the period 2012-13 to 2016-17 including maximum renewal cases each year.

[B][U]Objective [/U][/B]:
 The basic objective of the „Mahatama Gandhi Bunkar Bima Yojana‟ is 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.

[B][U]Eligibility [/U][/B]:
For availing of assistance under the scheme, the weaver should fulfill the following conditions :
1. The weaver should be earning at least 50% of his income from handloom weaving.  
2. All weavers, whether male or female, between the age group of 18 and 59 years are eligible to be covered under the scheme, including minorities, women weavers and weavers belonging to NER.

3. The weavers belonging to the State Handloom Development Corporations/Apex/ Primary Handloom Weavers‟ Cooperative Societies will be covered under the Scheme.  Weavers outside co-operative can also be covered under the scheme on a certificate from the State Directorate of Handlooms that they are fulfilling the eligibility conditions.

4. It will be the responsibility of the State Director in charge of Handlooms to verify the eligibility of the weavers who are proposed to be covered under the scheme.

5. It will be the responsibility of the State Director In charge and LIC to ensure that women weavers, weavers belonging to minorities and weavers of NER States (Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura and Sikkim) are given adequate representation while implementing the scheme.

[B][U]Adminstration [/U][/B]: The authority in-charge of Handlooms in the State shall finalise insurance coverage of the weavers with the Life Insurance Corporation of India.

[B][U]Salient Features of the Insurance Coverage [/U][/B]:
1. The scheme will be administered by the LIC of India.    
2. The authority in-charge of Handlooms in the State shall finalise insurance coverage of the weavers with the Life Insurance Corporation of India.

[B][U]Additional Brnefits [/U][/B]:
1. The “Mahatma Gandhi Bunkar Bima Yojana” also provides scholarship to the children of parents who are covered under it under “Shiksha Sahyog Yojana”.

2. A scholarship of Rs.300/- per quarter per child is to be paid to students studying in standard IX to XII for a maximum period of four years or till they complete XII standard, whichever event occurs earlier. The scholarship will be for academic year June to May.

3. The benefit is restricted to two children of the member covered.  Both the children irrespective of gender based discrimination will be covered for scholarship.

4. If a student fails and is detained in the same standard, he will not be eligible for scholarship for the next year in the same standard.  It may be ensure that the bright and scholary students from weaver community getting benefits under MGBBY – Siksha Sahayog Yojana need to be brought to limelight so as to encourage the children of the other weaver families to emulate them.

5. Once a person is admitted as a member under Mahatma Gandhi  Bunkar Bima Yojana, further proof of income is not necessary at the time of selection of beneficiary under the scheme.

6. No premium is charged either to the parent of the scholarship holder or to the nodal agency.  It is an additional benefit given to the children of the parents covered under Mahatma Gandhi Bunkar Bima Yojana.  If the premium under Mahatma Gandhi Bunkar Bima Yojana is not paid on annual renewal date in such case, the child shall not be eligible for scholarship[/QUOTE]

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