Telangana Nethanna Bima Scheme to be Launched on Aug 7, Know Details

Nethanna Bima Scheme Apply Online | Telangana Nethanna Bima Scheme Online Registration | Nethanna Ku Bima Eligibility and Benefits | The state government of Telangana is putting in place a new scheme to help the people. As part of this, a new scheme called Nethanna Ku Bima will be launched in Telangana. The Handloom Weavers Scheme swaps the insurance coverage for handloom weavers, so this scheme is really only for handloom weavers. This scheme gives the beneficiary up to Rs 5 lakh in equity and also helps the beneficiary’s family. In today’s article, we’ll find out what this scheme is, what its goal was, what its benefits are, who is eligible for it and what documents they need, and how to apply for it.

Nethanna Bima Scheme

Telangana Nethanna Bima Scheme

On August 7, 2022, Nethanna Ku Bima will be released. The Telangana Municipal Administration and Urban Development Minister announced this state’s program. This scheme will start on August 7 because that’s National Handloom Day, and it’s for the welfare of handloom weavers.

Under this plan, the government will pay the insurance premium. If the person we were insuring dies from a disease or accident while the insurance is in force. Up to 5 lakh rupees will be paid out by the insurance to the nominee or to the family.

In some insurance plans, it takes a long time to send money to the nominee. But under this plan, it will only take 10 days after the beneficiary dies for the nominee to get the Rs 5 lakh.

The Handloom and Textile Department of the nodal agency is in charge of this program, and they will take care of everything that needs to be done.

The government has set aside 50 crore rupees for this scheme, and 25 crores, or 50% of that amount, has already been given out.

As a part of this, the state government will set up the Nethanna Bima scheme, which is similar to the Rythu Bhima scheme, This will give financial security to the families of weavers.

So, the state of Telangana is known for handloom, and this insurance scheme covers about 80,000 handloom weavers.

The state government also helps handloom weavers through two other schemes: the Chenetha Mitra scheme and the Nethanna Ku Cheyutha. Under one plan, the state government gives handloom workers a 40 percent subsidy. Under another plan, the state government gives handloom workers a 16 percent financial aid deposit as a state share of the 8 percent thrift savings paid by the workers in a cooperative sector. But these programs can only help Handloom Weavers who are enrolled in them.

Rythu Bandhu Status

Nethanna Ku Bima Scheme Overview

Scheme Name Telangana Nethanna Bima Scheme
Launch by The Telangana Municipal Administration and Urban Development Minister
Government Telangana State Government
Industry Handloom and Textile Industry
Launch Date 7 August 2022
Beneficiaries Only Handloom Weavers family members
Benefit Rs 5 Lakh Insurance
Last Date ,
Official Website Coming Soon

Telangana Nethanna Bima Scheme Objectives

The main objective of this program is that the state government wants to improve existing insurance coverage for the handloom weavers of the state. The government intensely improves the lives of handloom weavers by introducing many schemes for their betterment. The government already allocated Rs. 1200 crore every year from 2016 to the handloom and textile industries.

Kalyana Lakshmi Scheme

Telangana Nethanna Bima Scheme Benefits

Numerous benefits which are covered under the Nethanna Ku Bima scheme are:

  • Every weaver between the ages of 18 and 59 is protected by this insurance scheme, which is referred to as the weaver’s scheme.
  • In accordance with the terms of this plan, the sum of 5,00,000 is distributed retroactively to the weaver’s family or the nominee of their choice.
  • The money from the insurance policy is deposited ten days after the person has passed away.
  • In order for this plan to be successful, the committees at the state level, as well as the district level, will participate in it and contribute to it.

Scheme Eligibility

  • In order to be considered for participation in the Nethanna Ku Bima Scheme, the applicant must observe and comply with the following requirements:
  • Telangana citizenship or residency is required to submit an application. If the applicant is from another state, then they cannot participate in the scheme because it is not open to them.
  • The applicant is required to have prior experience as a participant in the Rythu Bima Insurance Scheme.
  • Weavers who are adults and fall within the age range of 18 to 59 are the only ones who are eligible to apply for this program.

Telangana Nethanna Bima Scheme Documents

The necessary documentation for the scheme is as :

  • Telangana state identification card holder’s address
  • Aadhar card, mobile number, and email address
  • Documentation formally submitted to the department of handloom and textile production

TS Aasara Pension

Telangana Nethanna Bima Scheme Registration

This scheme will be launched on August 7, and all eligible candidates must visit the official website to apply. The official website has not yet been launched, but it will be soon, and we will keep you informed.