Sarkari Yojana
Mahatama Gandhi Bunkar Bima Yojana
About Mahatama Gandhi Bunkar Bima Yojana
In December 2003, the Government of India brought in the “Bunkar Bima Yojana” by merging the “Janshree Bima Yojana” with the Add-on Group Insurance Scheme, run jointly with the Life Insurance Corporation of India. From 2005-06 onwards, the Handlooms, Textiles & Handicrafts Department of the Government of Odisha has been implementing it under the new name “Mahatma Gandhi Bunkar Yojana“. The basic objective is:
1. giving handloom weavers wider insurance protection against natural and accidental death and against total or partial disability. 1. Since the Life Insurance Corporation of India runs the scheme, the insurance coverage is finalised by the handloom authority concerned in the state.
State Governments and the State Handloom Corporations/Apex/Primary Handloom Weavers Cooperative Societies/Unions/ Associations are to take an active part in implementation by encouraging handloom weavers to join through advertisements in print and other media. Premium Insurance Coverage: Each member’s total yearly premium of ₹ 330/- is split as follows:
1. GOI contribution: ₹ 150/- 1. Weavers’ contribution: ₹ 80/- 1. LIC’s contribution: ₹ 100/-
Operational Modalities:
1. Cover has to be renewed annually, and it continues only if the premium is paid on the renewal due date each year. 1. The beneficiary pays the premium to the Life Insurance Corporation of India just once for the full year. 1. Premiums already paid are not refundable. 1. As many renewals as possible are to be made every year. 1. Normally, cover begins only once the full premium, covering both the Government’s and the beneficiary’s shares, has been received. 1. If, in a rare case, the Government’s share is not yet available, the LIC will take the beneficiary’s share and start the cover accordingly. 1. The office of the State Director-in-charge of Handlooms & Textiles and its subordinate field offices act as Nodal agencies for implementing the scheme. 1. In every matter concerning the insurance cover, the Nodal agency represents the insured members and acts on their behalf. 1. To cover as many weavers as possible, LIC will liaise with State Directors In-charge of Handlooms on identifying beneficiaries and supplying forms, instructions etc.
Release of Funds:
1. Before funds are released, LIC and the State’s Authority In-charge of Handlooms jointly identify the weavers to be covered under the MGBBY. 1. The Central Government’s share of the premium goes straight to the LIC.
Monitoring And Evaluation:
1. State Governments monitor and evaluate the scheme’s progress and send quarterly physical and financial progress reports to the Development Commissioner for Handlooms.
Scheme Overview
State Government
The Office Of The State Director-in-charge Of Handlooms & Textiles And Its Subordinate Offices In The Field
Individual
01 Apr 2005
31 Dec 2012
Scheme Details
Eligibility Requirements
To qualify for Mahatama Gandhi Bunkar Bima Yojana, applicants must satisfy the following conditions:
A minimum of 50% of the weaver's income…
A minimum of 50% of the weaver's income must come from handloom weaving.
Male and female weavers aged 18 to 59…
Male and female weavers aged 18 to 59 years are covered, and this includes minorities, women weavers, and weavers from NER.
Weavers who belong to the State Handloom Development…
Weavers who belong to the State Handloom Development Corporations/Apex/ Primary Handloom Weavers' Cooperative Societies are included.
Weavers working outside the co-operative fold can join…
Weavers working outside the co-operative fold can join if the State Directorate of Handlooms certifies that they meet the eligibility conditions.
Children of weavers covered under "Shiksha Sahyog Yojana"…
Children of weavers covered under "Shiksha Sahyog Yojana" can also get a scholarship, limited to two children per covered member, and both children are covered regardless of gender. NOTE:
Checking the eligibility of weavers proposed for coverage…
Checking the eligibility of weavers proposed for coverage is the responsibility of the State Director in charge of Handlooms.
Benefits Provided
Mahatama Gandhi Bunkar Bima Yojana provides the following benefits to eligible applicants:
Handloom weavers are insured under the scheme as follows:
Should the weaver die a natural death, the…
Should the weaver die a natural death, the nominee is paid a Sum Assured of ₹ 60,000.
Where death is accidental, or the weaver suffers…
Where death is accidental, or the weaver suffers Total Permanent Disability, the nominee receives a Sum Assured of ₹ 1,50,000/-.
Partial Disability attracts a Sum Assured of ₹…
Partial Disability attracts a Sum Assured of ₹ 75,000/-.
Children of covered parents are also eligible for…
Children of covered parents are also eligible for a scholarship under the "Shiksha Sahyog Yojana".
Each child studying in standard IX to XII…
Each child studying in standard IX to XII gets ₹ 600/- per six month, for at most four years or until XII standard is completed, whichever comes first.
Documents Required
Applicants should keep the following documents ready before starting the application:
Identity proof, such as the Aadhar Card
Identity proof, such as the Aadhar Card.
For a death or disability claim, supporting papers…
For a death or disability claim, supporting papers from the nominee/beneficiary such as the death certificate/post-mortem examination report/medical certificate/discharge certificate and any related documents, as applicable.
For an accident claim, the police inquiry report…
For an accident claim, the police inquiry report must also be furnished.
A photocopy of the front page of the…
A photocopy of the front page of the Bank Passbook, along with a copy of the latest updated account entries.
Other documents that the authorities concerned may ask…
Other documents that the authorities concerned may ask for.
2005-04-01
How to Apply
Offline Application
Applicants can apply for Mahatama Gandhi Bunkar Bima Yojana through the offline application process outlined below.
Application Portal: Open Application Portal ↗
The LIC supplies application forms to the nodal…
The LIC supplies application forms to the nodal agencies. A medical certificate is not needed; self-certification is enough.
Anyone wishing to join must complete an application-cum…
Anyone wishing to join must complete an application-cum nomination form and hand it to the nodal agency together with his/her share of the premium.
The nodal agency examines the application and, where…
The nodal agency examines the application and, where the applicant is eligible, collects the premium and sends the list of such beneficiaries with the premium amount to the LIC.
After receiving the premium and the beneficiary list…
After receiving the premium and the beneficiary list from the nodal agencies, the LIC issues Cards/ Certificates to every covered weaver, designed to show the month/date of renewal and printed in the vernacular language, so that weavers can claim their dues from LIC.
If death or disability occurs, the nominee/ beneficiary…
If death or disability occurs, the nominee/ beneficiary lodges a claim with the LIC through the nodal agency, attaching evidence such as the death certificate/post-mortem examination report/medical certificate/discharge certificate, and other related documents, as applicable. The nodal agency must send the claim to the LIC within 15 days of receiving it. The LIC settles it within one month of receipt and pays the beneficiary/ nominee directly by A/c Payee Cheque (informing the Nodal Agency) or through the nodal agency.
Cover lapses automatically if the beneficiary fails to…
Cover lapses automatically if the beneficiary fails to pay the next year's premium, though he or she may rejoin in any later year by paying the required premium.
A handloom weaver who moves from one Society…
A handloom weaver who moves from one Society or Corporation to another during the insurance period must inform the nodal agency as the beneficiary of the scheme. Procedure for Scholarship:
A "Mahatma Gandhi Bunkar Bima Yojana" member with…
A "Mahatma Gandhi Bunkar Bima Yojana" member with a child eligible for the scholarship fills in an application form, obtainable from the nodal agency, and returns it to the nodal agency.
The nodal agency sends the completed, certified applications…
The nodal agency sends the completed, certified applications and the list of beneficiary students to the concerned LIC P & GS Unit for payment of the scholarship under "Shiksha Sahayog Yojana". Students receive the scholarship through the concerned nodal agency.
The LIC issues an Account Payee Cheque in…
The LIC issues an Account Payee Cheque in the nodal agency's name with a list of beneficiary students, and the nodal agency passes the scholarship on to eligible students. It must keep records and periodically send utilization certificates to LIC, P&GS Unit.
Neither the scholarship holder's parent nor the nodal…
Neither the scholarship holder's parent nor the nodal agency pays any premium, as this is an extra benefit for children of parents covered under Mahatma Gandhi Bunkar Bima Yojana. If the Mahatma Gandhi Bunkar Bima Yojana premium is not paid on the annual renewal date, the child loses eligibility for the scholarship.
Beneficiaries for "Shiksha Sahayog Yojana" are chosen from…
Beneficiaries for "Shiksha Sahayog Yojana" are chosen from among the members covered under Mahatma Gandhi Bunkar Bima Yojana. A State's target number of beneficiary students may be distributed among covered members in proportion to the number of lives covered in that State. Since scholarships are limited, final selection follows the poorest of the poor criterion, without any gender discrimination.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.