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Mahatama Gandhi Bunkar Bima Yojana

The Scheme “Mahatama Gandhi Bunkar Bima Yojana” was launched during 2005-06 by Handlooms, Textiles & Handicrafts Dept. of Govt. of Odisha 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.

Authority

State

Region

Odisha

Status

Verified 2026

Updated

March 2026

What you get

This scheme provide insurance coverage to handloom weavers as under: | - In the event of the natural death of the weaver, a Sum Assured of ₹ 60,000 will become payable to the nominee. | - In the cause of Accidental Death or Total Permanent Disability, a Sum Assured of ₹ 1,50,000/- will become payable to the nominee. | - In case of Partial Disability, a Sum Assured of ₹ 75,000/- will become payable. | - The scheme also provides scholarship to the children of parents who are covered under it under “Shiksha Sahyog Yojana”. | - A scholarship of ₹ 600/- per six month per child is to be paid to students studying is standard IX to XII for a maximum period of four years or till they complete XII standard, whichever event occurs earlier.

Who can apply

The weaver should be earning at least 50% of his income from handloom weaving.; 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.; 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.; The children of weavers who are covered under “Shiksha Sahyog Yojana” will also be eligible for scholarship and the benefit of scholarship is restricted to two children of the member covered. Both the children irrespective of gender based discrimination will be covered for scholarship.; 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.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the benefit under this scheme?

This scheme provides enhanced insurance coverage to the handloom weavers in the case of natural as well as accidental death and in cases of total or partial disability.

How much amount nominee will receive in case of the natural death of a weaver?

In the event of the natural death of the weaver, a sum assured of [?] 60,000 will become payable to the nominee.

How much amount nominee will receive in case of the accidental death of a weaver?

In the case of an Accidental Death, a sum assured of [?] 1,50,000/- will become payable to the nominee.

Would the amount be directly transferred to the beneficiary's bank account?

No, the assured amount will be paid to the beneficiary/nominee by A/c Payee Cheque (under intimation to the Nodal Agency) or through the nodal agency.

What is the age limit under this scheme?

The weavers of the age group between 18 to 59 years are eligible for the scheme.

Is this scheme is applicable for both male & female weavers?

Yes, all weavers, whether male or female, are eligible under the scheme.

Where can I find the application form?

The application form shall be made available to the nodal agencies by the LIC.

How can I apply under this scheme?

A prospective beneficiary shall be required to fill up an application-cum nomination form and submit the same to the nodal agency along with his/her share of the premium.

How can I apply for scholarship under this scheme?

The member of "Mahatma Gandhi Bunkar Bima Yojana" whose child is eligible for a scholarship shall fill up an application form (available with the nodal agency) and submit it to the nodal agency.