Saturday, Sep 3, 2022
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Telangana | Telangana Leads In Welfare Of Weavers

Telangana leads in welfare of weavers

By Telangana Today
Published: Published Date - 09:48 PM, Sun - 28 August 22
Telangana leads in welfare of weavers
(File Photo) The Telangana government created history when it launched Netanna Ku Bima insurance scheme for weavers. This insurance scheme is being extended to weavers and subsidiary workers on the looms for which the geo-tagging is completed.

Hyderabad: The Telangana government created history when it launched Netanna Ku Bima insurance scheme for weavers on August 7 – the National Handlooms Day. Telangana is the first State in the country to launch an insurance scheme for weavers.

Like Rythu Bima, this scheme is also being implemented in association with Life Insurance Company (LIC). The State Government pays the entire annual premium on behalf of the beneficiary to the insurance company.

    Also Read

  • Adopt ‘Telangana’ model agitation: KCR suggests farmers

This insurance scheme is being extended to weavers and subsidiary workers on the looms for which the geo-tagging is completed. The scheme covers weavers aged between 18 to 59 years. In case of death of the beneficiary, Rs.5 lakhs would be deposited into the nominee’s account. This amount will be credited to the nominee within 10 working days.

The scheme was formally inaugurated by Handlooms Minister KT Rama Rao on August 7 and came into effect from August 14. Like Netanna Ku Bima, the Telangana Government is providing support to the weavers in the State by implementing several welfare and development programmes.

After the State formation, Chief Minister K Chandrasekhar Rao recognized the importance of handlooms and encouraged the weavers. Apart from welfare, the State Government focused on measures to ensure that weavers earn respectable wages.

Accordingly, the State Government is providing 40 percent subsidy on yarn, dyes and chemicals purchased by handloom workers, master weavers, handloom societies and TSCO under Cheneta Mitra scheme. This subsidy is directly credited to their bank account.

Till now 20,501 beneficiaries have been given subsidy of Rs.24.09 crores. As part of the Telangana Handloom Weavers Savings Fund, Savings and Security Scheme (TFSSS), the beneficiary’s share has remained unchanged at 8 per cent and the government share has been increased from 8 to 16 percent. The tenure of this recurring deposit account is 36 months.

Under this scheme, Rs.96.43 crores was given to 20,537 beneficiaries during 2017-2020. The government has decided to continue this scheme for another three years and Rs.30 crore has been released. Meanwhile, in the current phase, Rs.25.31 crores has been deposited in the RD account of 32,328 beneficiaries under this scheme.

The Government has released Rs.2.33 crore to handloom cooperative societies in 2022-23 with 25 paise interest. Also, Rs.3.22 crore was released under 20 per cent yarn subsidy scheme and Rs.6.02 crore under marketing incentives have been released to the societies.

Officials from Madhya Pradesh, Karnataka and Odisha visited Telangana to study the welfare schemes implemented in the State for welfare and development of handlooms. They appreciated the welfare schemes being implemented in the State.

In addition to these measures, the State Government as part of promoting the talent of handloom artists, is presenting Konda Laxman Bapuji awards annually. Apart from cash award of Rs.25,000, fashion shows are conducted every year to showcase traditional and contemporary handlooms.

Telangana State Handloom Weavers Co-operative Society Limited (TSCO) supplies fabrics for uniform and other purposes to government welfare hostels and schools. TSCO also supplies KCR Kits, Ramzan Gift Packets, Christmas Gift Packets, Anganwadi Sarees, Asha workers sarees.

  • Follow Us :
  • Tags
  • K Chandrasekhar Rao
  • KT Rama Rao
  • National Handlooms Day
  • Netanna Ku Bima

Related News

  • ‘Appalled’ by Sitharaman’s conduct with Collector, says KT Rama Rao

    ‘Appalled’ by Sitharaman’s conduct with Collector, says KT Rama Rao

  • KTR demands Central Government to allot Bulk Drug Park to Telangana

    KTR demands Central Government to allot Bulk Drug Park to Telangana

  • Telangana Martyrs’ Memorial getting ready to be inaugurated by the year-end: KTR

    Telangana Martyrs’ Memorial getting ready to be inaugurated by the year-end: KTR

  • Nitish Kumar shares stage with KCR, lashes out at Modi govt

    Nitish Kumar shares stage with KCR, lashes out at Modi govt

  • KTR tests positive for Covid-19

    KTR tests positive for Covid-19

  • KT Rama Rao asks IKEA to apologise

    KT Rama Rao asks IKEA to apologise

Latest News

  • Training for govt officials to make ‘Cyber Safe India’

    4 mins ago
  • Monkeypox linked to acute heart problem in 1st case study

    9 mins ago
  • Notorious burglar held with Rs.33 lakh by Rachakonda police

    34 mins ago
  • Alia Bhatt and Ranbir Kapoor impress netizens with their Telugu

    18 mins ago
  • Bandh observed in Raja Singh’s constituency in Hyderabad

    52 mins ago
  • PM Modi shares video of commissioning of INS Vikrant

    54 mins ago
  • Climate change-related incidents pose negative effects on women

    57 mins ago
  • Apple Watch saves UK man whose heart stopped 138 times in 48 hours

    1 hour ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam