Govt. to introduce insurance scheme for weavers
The Hindu
Scheme contemplated on lines of Rythu Bima provides assistance of ₹ 5 lakh in the event of death
The State government has announced implementation of insurance scheme for handloom workers on the lines of Rythu Bima extended to farmers. The scheme, to be launched soon, envisages financial support of ₹ 5 lakh to the family of handloom weaver in the event of his death. The State government is gearing up to create a special corpus fund for supporting weavers towards this end, Chief Minister K. Chandrasekhar Rao said. The Chief Minister announced that the next phase of loan waiver for farmers would be launched from Monday. Loans between ₹ 25,000 to ₹ 50,000 obtained by the farmers will be waived and an estimated six lakh farmers will be benefitted in the process. The process is expected to be completed by this month-end. The government has already waived loans up to ₹ 25,000 each obtained by around three lakh farmers. “The government is implementing the loan waiver scheme in a phased manner for the remaining farmers,” Chief Minister K. Chandrasekhar Rao announced.
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