govinfoadmin
PrGovernment is planning to increase the insurance cover for the Jan-Dhan accounts holders to whopping Rs. 2 lakhs for three years. According to government sources 27 crore Jan-Dhan accounts were open since the inception of the scheme and out of that 16 crore account are ADHAAR linked. For all such acounts the benefits can be directly transfered to their accounts which was the goal of the scheme apart form financial inclusion of the poor. The Prime Minister Narendra Modi launched the scheme Pradhan Mantri Jan-Dhan Yojana (PMJDY) on the independence day 2014. The scheme gained popularity since the all the poor of the country got connected to the banking infrastructure and benefits are directly transfered to their accounts. On top of this they get a insurance cover.
The new increased cover if it includes accident insurance and health insurance then it will cost Rs. 9000 crores. Government is planning to pay the insurance premium for the three year. There are other proposals too are under consideration.
The Narendra Modi governments goal is to empower poor and provide financial security to them. The Prime Minister has launched a lot of scheme since he took office and some of the insurance related schemes are:
- Pradhan Mantri Suraksha Bima Yojana (PMSBY): The insurance under PMSBY costs Rs. 1 a month/Rs. 12 per year and provides insurance cover for accidental deaths and disabilities
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): PMJJBY is the health insurance scheme with the premium of Rs. 330 and provides insurance cover of Rs. 2 lakhs
- Atal Pension Yojana (APY): Under the scheme government will contribute 50% to the pension fund
