Mahatma Gandhi Bunkar Bima Yojana (MGBBY)
Part of: GS Prelims and GS-II- Governance
- The scheme aims at providing social security benefits like life, accidental & disability insurance coverage to handloom weavers/workers.
- Age group: 51-59 years
- Coverage: Across the country
- Implementing Body: Ministry of Textiles
- The claim benefits are provided by LIC directly into the bank account of beneficiaries through Direct Benefit Transfer (DBT).