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The Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [ 4 ]
LIC Housing Finance Limited (LIC HFL) is the largest Housing Finance Company in India, with a registered corporate office in Mumbai. It is a deposit taking housing finance company, and it is a subsidiary of LIC , mainly providing long-term financing to people who purchase or construct residential houses or flats.
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.
Pradhan Mantri Jeevan Jyoti Bima Yojana (Prime Minister Jeevan Jyoti Insurance Scheme) is a Government-backed life insurance scheme in India. It was originally mentioned in the year 2015 budget speech by the then-Finance Minister, Arun Jaitley in February 2015. [1] It was formally launched by Prime Minister Narendra Modi on 9 May 2015 in ...
Jeevan Pramaan is an Indian Life Certificate program affiliated with Aadhaar for people with pensions. [1] It was started by Prime Minister Narendra Modi on 10 November 2014. [2] [3] The certificate was made for people who receive pensions from central or state governments or other government organisations. [1]
Pradhan Mantri Suraksha Bima Yojana (PMSBY, translation: Prime Minister's Safety Insurance Scheme) is a government-backed accident insurance scheme in India.It was originally mentioned in the 2015 budget speech by Finance Minister Arun Jaitley in February 2015. [1]
[1] [2] [3] A budgetary allocation of ₹ 80 billion (US$920 million) was made for the scheme. The scheme was replaced by the Ujjwala Yojana 2.0 in 2021. [ 4 ] Although the scheme has expanded access to clean cooking technologies, the use of polluting fuels remains common, particularly in rural India.
The Jeevan Raksha Padak is a civilian lifesaving award presented by the Government of India. Established on 30 September 1961, the award was originally called the Jeevan Raksha Padak, Class III. Established on 30 September 1961, the award was originally called the Jeevan Raksha Padak, Class III.