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The erstwhile Social Security Schemes, Janashree Bima Yojana (JBY) was merged into Aam Admi Bima Yojana (AABY) w.e.f. 01.01.2013 and the consequently revised AABY scheme is being implemented through Life Insurance Corporation of India (LIC). The scheme which caters to 47 Vocational groups/occupations including Handloom & Khadi weavers as one of them. Thus JBY has ceased to exist since 01.01.2013. The details of Handloom & Khadi weavers beneficiaries covered under the AABY in the last three policy years 2011-12,2012-13, 2013-14 and current policy year 2014-15 are given in Annex.
The AABY provides Death and Disability cover to self employed Khadi weavers associated with Khadi Institutions affiliated to Khadi and Village Industries Commission (KVIC)/ State and UT Khadi and Village Industries Boards, aged between 18 years and 59 years. It does not overlap with any health insurance scheme implemented by the Government as it is not a health insurance scheme.
Annex
Policy Year | Lives covered under AABY for Handloom & Khadi Weavers | Premium Amount Allocation (in Rs.) | No of Claims Paid | Amount (in Rs.) |
15.08.2011 to 14.08.2012 | 274276 | 2,74,27,600 | 217 | 69,35,000 |
15.08.2012 to 14.08.2013 | 280743 | 2,80,74,300 | 276 | 88,35,000 |
15.08.2013 to 14.08.2014 | 284056 | 2,84,05,600 | 267 | 80,41,000 |
15.08.2014 to 14.08.2015 As at 30.06.2015 | 286760 | 2,86,76,000 | 183 | 56,70,000 |
This was stated by Shri Jayant Sinha, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.
Social security consolidation: national life insurance scheme provides death and disability cover for self employed weavers. Aam Admi Bima Yojana, following merger of the earlier scheme, is implemented through a designated life insurer and provides death and disability cover to self-employed handloom and Khadi weavers affiliated with Khadi institutions and boards, within a prescribed age band; it is not a health insurance scheme. Annual administrative data on lives covered, premium allocations and claims paid for the handloom and Khadi weaver category are compiled in an annex and reported to the legislature.Press 'Enter' after typing page number.