JANSURAKSHA SCHEMES

The global micro-insurance industry is projected to grow to $137 billion by 2029. India's insurance penetration remains low at 4%, compared to the global average of 6.8%, but the government's efforts through Jan Dhan accounts and social security sch...

National Bank for Agriculture and Rural Development (NABARD) and Online PSB Loans Limited have signed an agreement to promote financial inclusion through regional rural banks. The collaboration seeks to smoothen the process of enrolment and claim se...

On the eighth anniversary of the Jan Suraksha schemes, which also include the Suraksha Bima Yojana (PMSBY) and the Atal Pension Yojana (APY), Sitharaman noted that these schemes aim to provide essential financial services to individuals from underpr...

This is a Government of India Life Insurance Scheme. It is a pure term insurance policy, renewable from year to year. PMJJBY is available to people in the age group of 18 to 50 years (life cover up to age 55) having a savings bank account who give t...

A social security scheme of the government, PMSBY aims to provide insurance cover to individuals in cases of accidents leading to death or disability. The cover is for a one-year period, starting June 1 to May 31 of the subsequent year.

PMJJBY is a government-sponsored life insurance scheme that provides a sum assured or coverage of Rs 2 lakh to an individual by paying an annual premium of Rs 330.

The government wants to quickly reach the target of 1 billion Aadhaar-seeded accounts that are also demographically authenticated.

The renewal date of Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana is falling on June 1.

Surprisingly, nearly 50 per cent of the subscribers of Atal Pension Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana are from urban areas.

Under APY, govt contributes 50% of the subscriber’s contribution, up to Rs 1,000 per annum, for a period of five years to those who joined the scheme before December 31, 2015.

In a statement, the ministry noted that Rupay cards have been issued to 16.51 crore customers and two lakh accounts are opened every day.

FinMin is working on a structured programme as part of a new inclusion strategy under which banks will pay a fee to use the postal department's services.

Duggal isn’t new to North Block. She has served there for five years; first as a joint secretary before being promoted to additional secretary in the expenditure department of the finance ministry.

The finance ministry has suggested a fixed deposit (FD) scheme to banks in which brothers can open an FD of at least Rs 5,000 for their sisters.

The government plans to bring about various social security schemes run by different departments or ministries under one roof.

The Centre has formulated a Rs 27,000 cr project for generating 6,000 mw power in another two years to provide 24x7 affordable electricity to southern states, Power Minister Piyush Goyal said.

PM Narendra Modi will launch 'JanSuraksha' schemes in the city tomorrow, targetting the poor and unorganised sector who are neither covered by any form of insurance nor get pension.