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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 Late Arun Jaitley in February 2015. [1] It was formally launched by the Prime Minister Narendra Modi on 8 May in ...
This insurance scheme can have one year cover from 1 June to 31 May and would be offered through banks and administered through public sector general insurance companies. [ 23 ] In case of unexpected death or full disability, the payment to the nominee will be ₹ 2 lakh (US$2,300) and in case of partial Permanent disability ₹ 1 lakh (US$1,200).
(PMJJBY, (lit) PM Life Light Insurance Scheme) CS MoF: 2015: Insurance: This life insurance scheme for individuals can be renewed every year. [75] Unnat Jyoti by Affordable LEDs for All (UJALA) CS MoP: 2015: Electrification: Replaced the "Bachat Lamp Yojana". Reduces the cost of energy-saving compact fluorescent lamps. By the end of 2021, 36,78 ...
By 2020 Indian Insurance is a US$280 billion industry. However, only 500 million people (36.23% of the total population of 1 billion) are covered under Mediclaim. [6] With more and more private companies in the sector, this situation is expected to grow more. ECGC, ESIC and AIC provide insurance services for niche markets.
By Ted Hesson. WASHINGTON (Reuters) -U.S. President-elect Donald Trump aims to deport all immigrants in the U.S. illegally over his four-year term but wants a deal to protect so-called "Dreamer ...
A former Tennessee teacher who got pregnant after raping a 12-year-old boy pleaded guilty and has been sentenced to 25 years in prison with no parole. On Dec. 20, Alissa McCommon, 39, of Covington ...
WASHINGTON (Reuters) -U.S. President Joe Biden's administration has awarded over $100 billion in grants created by its signature climate law, the Inflation Reduction Act, Biden senior advisor for ...
India is a country with one of the lowest health insurance penetration, with only 18% of people in urban areas and 14% in rural areas covered under any kind of health insurance scheme. [9] One of the main reasons for the low penetration and coverage of health insurance is the lack of competition in the sector.