Telangana Government Launches Life Insurance Scheme for Weavers

Daily Current Affairs / Telangana Government Launches Life Insurance Scheme for Weavers

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Category : State Published on: August 11 2022

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The Telangana government on Sunday launched ‘Nethanna Bima,’ a life insurance scheme for handloom and power loom weavers, marking National Handloom Day.
Telangana Chief Minister K Chandrashekar Rao introduced the scheme on the occasion of National Handloom Day and extended greetings to the weaver's community.
Under the scheme, Rs 5 lakh would be deposited in the nominees' account in case of unfortunate death of an eligible beneficiary (weaver).
The State government has entered into an agreement with Life Insurance Corporation (LIC) for implementing the scheme.