The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) has provided life insurance coverage to over 21.67 crore people as of October 20, 2024 according to data released by the Ministry of Finance.
The Insurance Regulatory and Development Authority of India (IRDAI) has reduced the capital required to be held by insurers offering PMJJBY by almost 50 per cent. The premium rate of PMJJBY has ...
The initiative aims to strengthen financial security, especially for individuals from economically weaker sections, while advancing the vision of 'Insurance for All by 2047. New Delhi: The Central ...
Pradhan Mantri Suraksha Bima Yojana (PMSBY) is a part of the three social security schemes announced by the central government as part of the 2015 budget. This is an accident insurance scheme that ...
The government also approved the continuation of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme until December 2024. (Reuters) Financial Services secretary M Nagaraju ...