chapter viii wool & wollen textiles industry - Ministry of Textiles
chapter viii wool & wollen textiles industry - Ministry of Textiles
chapter viii wool & wollen textiles industry - Ministry of Textiles
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ministry <strong>of</strong> <strong>textiles</strong><br />
Table 10.7<br />
Annual Premium <strong>of</strong> MGBBY<br />
GOI contribution<br />
Rs.290/-<br />
LIC’s contribution<br />
Total premium<br />
During the 11 th Plan, the benefits<br />
available under the MGBBY have been<br />
substantially increased as compared to<br />
what was available during the 10 th Plan<br />
(Table 10.8).<br />
Table 10.8<br />
Comparative Benefits under MGBBY<br />
S.<br />
No.<br />
(i)<br />
(ii)<br />
(iii)<br />
(iv)<br />
Details<br />
Natural<br />
Death<br />
Accidental<br />
Death<br />
Total<br />
Disability<br />
Partial<br />
Disability<br />
Benefits<br />
during the<br />
10 th Plan<br />
Rs. 50,000/-<br />
Rs.80,000/-<br />
Rs.50,000/-<br />
Rs.25,000/-<br />
Benefits<br />
from 1.10.07<br />
Weavers’ Contribution Rs. 80/-<br />
Rs.100/-<br />
Rs.470/-<br />
Rs.60,000/-<br />
Rs.1,50,000/-<br />
Rs.1,50,000/-<br />
Rs.75,000/-<br />
In addition to the above, under the<br />
MGBBY, a Scholarship <strong>of</strong> Rs.300/- per<br />
quarter per child is paid to students<br />
studying in standard IX to XII for a<br />
maximum period <strong>of</strong> four years or till they<br />
complete XII standard, whichever event<br />
occurs earlier. The benefit is restricted<br />
to two children <strong>of</strong> the member covered.<br />
Details <strong>of</strong> enrolment and claims settled<br />
under Mahatma Gandhi Bunkar Bima<br />
Yojana are given at table 10.9, 10.10<br />
and 10.11.<br />
Table 10.9<br />
Scholarships given under MGBBY<br />
Policy Year<br />
Number <strong>of</strong><br />
Scholarships<br />
given<br />
Amount<br />
(Rs. In<br />
Crore)<br />
2007-08 49170 Rs.04.03<br />
2008-09 59173 Rs.05.24<br />
2009-10 72793 Rs.06,87<br />
2010-11 155552 Rs.12.34<br />
2011-12 28470 Rs.04.24<br />
Policy Year<br />
Table 10.10<br />
Enrolments under MGBBY<br />
Weavers enrolled<br />
2007-08 466484<br />
2008-09 575909<br />
2009-10 526317<br />
2010-11 520831<br />
2011-12 6,00,000<br />
(target)<br />
Table 10.11<br />
Claims settled under MGBBY<br />
2008-09 2009-10 2010-11<br />
No.<br />
Amt.<br />
(Rs.<br />
Cr)<br />
No.<br />
Amt.<br />
(Rs.<br />
Cr)<br />
No.<br />
Amt.<br />
(Rs.<br />
Cr.)<br />
2011-12<br />
(upto<br />
Dec.,11)<br />
No.<br />
Amt.<br />
(Rs.<br />
Cr.)<br />
3696 21.1 3491 21.25 3719 22.74 2518 15.46<br />
59173 5.24 72793 6.87 155539 12.30 32770 4.60<br />
3. MARKETING & EXPORT PROMOTION<br />
SCHEME<br />
The Marketing Promotion envisages a<br />
wide gamut <strong>of</strong> activities for the promotion<br />
and marketing <strong>of</strong> handloom products,<br />
which inter alia includes (i) Organising<br />
Exhibitions, Events and Craft Melas, (ii)<br />
Setting up <strong>of</strong> Urban Haats, (iii) Setting<br />
up <strong>of</strong> Marketing Complexes/Handloom<br />
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