Route · /scheme/gispw

GISPW

Group Insurance Scheme for Powerloom Weavers

NationwideIndividualCentralCentral Sector SchemeMinistry Of TextilesOpen since 2003-07-01

myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The basic objective of this scheme is to provide insurance cover to the powerloom weavers in the case of natural death, accidental death as well as partial and permanent disability due to accident.

In detail

The Government of India had introduced the 'Group Insurance Scheme for Powerloom Weavers' from 1st July, 2003 which is a combination of 'Janshree Bima Yojana (JBY)' and 'Add-on Group Insurance Scheme (AGIS)'. The Scheme was revised w.e.f. 1st January, 2008 and the revised Scheme was known as "Group Insurance Scheme for Powerloom Weavers". This scheme is implemented in collaboration with the Life Insurance Corporation (LIC) of India.

Objective:

The basic objective of this scheme is to provide insurance cover to the powerloom weavers in the case of natural death, accidental death as well as partial and permanent disability due to accident.

Who qualifies

The Powerloom weavers who are between 18 to 59 years of age.
The scheme will be universally applicable for powerloom workers/weavers irrespective of their status with reference to BPL/APL categories.
The scheme is applicable to the families of powerloom workers engaged in the activity of weaving on powerlooms and in allied pre-weaving/preparatory activities like twisting, winding, warping and sizing.
Self-employed weaver families owning not more than 4 looms will also be eligible.
Family for the purpose of the scheme shall be the beneficiary and his/her spouse and only one of them shall be eligible for coverage.
The scheme is operational on yearly basis i.e. the premium paid will cover the applicant under this insurance scheme for one year. He can continue the insurance every year during 12th Plan period by paying premium up to the age of 59 years.

What you get

In the event of the natural death of the member, Sum assured of ₹60,000/- will become payable to the nominee.
In the event of death by accident or Partial/Total Permanent Disability due to accident, the following benefit shall be payable:

On death due to accident: ₹1,50,000/-
Permanent total disability due to accident: ₹1,50,000/-
Permanent partial disability due to accident: ₹75,000/-

Educational Benefits:

An educational grant of ₹600/- per child per half year for two children studying from Class IX to Class XII for a maximum of 4 years under the Shiksha Sahayog Yojana (SSY).

Premium:

The total annual premium ₹470/- per member, will be shared as follows:

Government of India Contribution: ₹290/-
Workers/Weavers Contribution: ₹80/-
Contribution from Social Security Fund: ₹100/-

Listed by myScheme

Documentation completeness

8 of 9 checks passed

Checks are about the record,
not about the scheme.

✓

Eligibility published here900 characters

✓

Benefit amount published hereamount or quantity stated

✓

Description more than a name197 characters

✓

Implementing agency published herenamed

✓

How to apply published hereoffline mode declared, no URL needed

✓

Start date published here2003-07-01

✗

End date published hereno end date recorded, so indefinite by omission

✓

Stored links well-formedall parse

✓

Not expired while still listedno end date

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Provenance

Every field above, and where it came from

schemeName	Group Insurance Scheme for Powerloom Weavers	myScheme · 2026-09-02
schemeOpenDate	2003-07-01	myScheme · 2026-09-02
schemeCloseDate	...	not published at source
nodalMinistryName	Ministry Of Textiles	myScheme · 2026-09-02
dbtScheme	False	myScheme · 2026-09-02
achievement data	...	no source publishes this for any central scheme