Sri Lanka's first insurance cover for craftsmen to be launched in March

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Sri Lanka’s first insurance cover for artisans and craftsmen worth Rs 7 million will be introduced from March this year.

“I am pleased to say that for the first time in our handicrafts history, we are introducing Sri Lanka’s first insurance scheme for our craftsmen” Minister Rishad Bathiudeen said while addressing the Shlipa Abhimani 2018 Presidential Awards event at Battaramulla on January 24.

This scheme is expected to cover 23, 000 craftsmen by 2023 while the first stage will cover 5000 craftsmen, the Minister of Industry and Commerce said.

Over 100,000 craft-makers are estimated to be engaged in Sri Lanka’s handicrafts and 28,000 of them are registered with the National Crafts Council, for whom this insurance will be given to.

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