Telangana Nethanna Bima Scheme Apply Online 2024: Check Eligibility and Benefits

Telangana Nethanna Bima Scheme PDF: The Telangana state government is rolling out a new initiative to support its citizens, particularly handloom weavers, through the launch of the Nethanna Ku Bima scheme. This Handloom Weavers Scheme provides exclusive insurance coverage tailored specifically for handloom weavers, offering up to Rs. 5 lakh in financial support to beneficiaries. This coverage also extends assistance to the families of the weavers. In this article, we’ll explore the key details of the Nethanna Ku Bima scheme, including its objectives, benefits, eligibility criteria, required documents, and application process.

Telangana Nethanna Bima Scheme 2024 

On August 7, 2022, the Telangana government launched the Nethanna Bima scheme, an initiative announced by the Minister of Municipal Administration and Urban Development. This scheme, launched on National Handloom Day, aims to support the welfare of handloom weavers. Under the Nethanna Bima scheme, the government will cover the insurance premiums for weavers, providing financial security for their families. In the event of the insured weaver’s death due to illness or accident, the scheme offers a payout of up to Rs 5 lakh to the nominee or family. Unlike some insurance plans that delay disbursement, this scheme ensures that beneficiaries receive the amount within 10 days of the claim.

The program is overseen by the Handloom and Textile Department as the nodal agency, ensuring all processes are managed efficiently. The Telangana government has allocated Rs 50 crore for this scheme, with 50% (or Rs 25 crore) already disbursed. Modeled after the Rythu Bhima scheme, the Nethanna Bima scheme provides financial protection to approximately 80,000 handloom weavers across the state, recognizing Telangana's rich heritage in handloom production.

Additionally, the government supports weavers through the Chenetha Mitra scheme and the Nethanna Ku Cheyutha scheme. Under the Chenetha Mitra, weavers receive a 40% subsidy, while the Nethanna Ku Cheyutha provides an 8% thrift savings deposit, of which the state contributes 16% as a share for cooperative sector workers. These programs are available only to registered handloom weavers.

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Telangana Nethanna Bima Scheme Details PDF - Highlight

Telangana Nethanna Bima Scheme Objectives

The primary objective of the Telangana Nethanna Bima Scheme is to enhance the existing insurance coverage for the state's handloom weavers. Through this initiative, the government aims to significantly uplift the lives of handloom weavers by implementing various welfare schemes tailored to their needs. Since 2016, the government has allocated Rs. 1200 crore annually to support the handloom and textile sectors, demonstrating its commitment to their growth and well-being.

Telangana Nethanna Bima Scheme Benefits

The Telangana Nethanna Bima Scheme offers several key benefits:

• This insurance scheme, known as the Weaver’s Scheme, provides coverage to all weavers aged 18 to 59.
• Under the scheme, a sum of Rs. 5,00,000 is paid to the weaver’s family or their chosen nominee in the event of the weaver’s passing.
• The insurance amount is deposited within ten days after the insured weaver’s death, ensuring timely financial support.
• To ensure the scheme's effective implementation, both state and district-level committees actively participate and contribute to its success.

Features Of Telangana Nethanna Bima Scheme

The Telangana Nethanna Bima Scheme includes several notable features aimed at supporting the welfare of handloom weavers:

• Comprehensive Insurance Coverage: The scheme provides life insurance coverage for handloom weavers aged 18 to 59, ensuring financial security for their families.
• ignificant Insurance Payout: In the unfortunate event of a weaver’s passing, a lump sum of Rs. 5,00,000 is provided to the family or designated nominee, offering crucial financial assistance.
• Timely Disbursement: The insurance payout is processed within ten days of the weaver’s death, enabling the family to receive prompt support during a challenging time.
• Government Commitment: The scheme reflects the Telangana government's dedication to improving the socio-economic conditions of handloom weavers, alongside other initiatives for their welfare.
• State and District-Level Implementation: Committees at both the state and district levels are actively involved in overseeing and ensuring the scheme’s effective implementation across Telangana.
• Direct Benefit Transfer (DBT): The payout is directly deposited into the nominee’s bank account, eliminating intermediaries and ensuring transparency and efficiency in fund distribution.

These features collectively make the Telangana Nethanna Bima Scheme a strong safety net for handloom weavers and their families, reinforcing the government’s commitment to their welfare and financial stability.

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Nethanna Bima Scheme Amount

• ₹5 lakh insurance cover to the weavers' families in case of the unfortunate demise of an eligible beneficiary.
• he sum of Rs. 500,000 is awarded retrospectively to the weaver’s family or the nominee of their choice under the rules of this arrangement.

Nethanna Bima Scheme Eligibility Criteria

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

Telangana Nethanna Bima Scheme Online Apply

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.

How To Apply Telangana Nethanna Bima Scheme Online

To apply online for the Telangana Nethanna ku bima scheme:

• Visit the official website of the Telangana State Government's handloom department.
• Look for the Nethanna Bima Scheme application link.
• Fill out the required details, including personal, contact, and eligibility information.
• Upload any necessary documents, such as proof of Telangana residency and previous Rythu Bima participation.
• Submit the application and save the confirmation for future reference.

Summary of Telangana Naithana Bima Scheme 2024

The Telangana Nethanna Bima Scheme, launched on August 7, 2022, aims to support handloom weavers by providing life insurance coverage of up to Rs. 5 lakh for their families. This initiative ensures timely financial assistance, disbursing the insurance payout within ten days of a claim due to the weaver's death. Eligible applicants must be aged 18 to 59, residents of Telangana, and previous participants of the Rythu Bima Insurance Scheme. With a government allocation of Rs. 50 crore, the scheme reflects the Telangana government's commitment to enhancing the welfare and financial security of its handloom weavers.