A step forward …..

On Saturday, 09/05/2015 Prime minister Narendra Modi has given precious gift to the citizens of India by launching 3 new schemes related to the insurance and pension from Kolkata (India).

He started “Pradhan Mantri Suraksha Bima Yojana”(accident insurance), “Pradhan Mantri Jivan Jyoti Yojana”(life insurance) and “Atal Pension Yojana” in a programme of Kolkata.

According to accident insurance scheme for the cover of accidental death or permanent disability people will be provided
Rs. 2,00,000 for an annual premium of Rs. 12. Insured will get Rs.1,00,000 in case of partial disability. Any person can take
profit by this by having only a saving account in any recognized bank.

In life insurance planning will offer Rs. 2 lakh cover at Rs. 330 premium per year for all the bank account holder between the
age group 18-50.

Atal Pension scheme is for all the people of unrecognized sectors and who are not the part of any constitutional social
security planning. This provides a fixed pension of Rs. 1,000, Rs. 2,000, Rs. 3,000, Rs. 4,000 or Rs.5,000 depending on the
contribution.

As today India is the new name of power in the world and many countries are searching opportunities for the investment in
India, it is important to take the new steps for the development of basis and pillars of country. People in non-recognized
sectors work hard to earn the living but in old age of these people there are no pension planning and also no help to their
in accidental death. Hence for these purposes this can be a useful step.

“Far bell rings fine”, planning is looking good but upto when? Only a start can’t fulfill the aim. We can also say that election will be held next year in Bengal, hence PM announced it there and all is due to their political profit.

We are living on the land of hopes. When PM announced for “Jan Dhan Yojna” then about 15crore new saving account has been added in different banks.
PM launched these three schemes simultaneously at 112 centres in India attended by chief ministers and other ministers.
It all shows that people are coming forward for the new amplitudes. It may be that one face is part of personal benefits
but it can’t be remain unturned that the second face is working for the citizen’s benefits.

These schemes are not only for the normal person’s social security but also for the business areas if it works. By adding new bank accounts spreading of pension and insurance will take place in the country. This is the step of darkening of banking net which is called the cell of any country and also in field of improvement of Indian economy.