PM’s insurance schemes launched in Delhi

'For the first time, poor will find out what insurance is. This is a good move for the poor.'

By: Express News Service | New Delhi | Published: May 10, 2015 12:48 am
PM, Narendra Modi, Pradhanmantri Suraksha Beema Yojana, Atal Pension Yojana, Pradhanmantri Jeevan Jyoti Beema Yojana, delhi govt, delhi news, city news, local news, Indian Express Prime Minister Narendra Modi inaugurated the three schemes in Kolkata.

The Central government launched the Pradhanmantri Suraksha Beema Yojana, Atal Pension Yojana, and the Pradhanmantri Jeevan Jyoti Beema Yojana in Delhi on Saturday, with the Delhi government promising all help to spread the message of the three signature schemes.

While Prime Minister Narendra Modi inaugurated the three schemes in Kolkata, a live stream of his speech was shown at a similar function in the capital, with Union minister Rajiv Pratap Rudy, BJP MP Meenakshi Lekhi and Delhi Minister Satyendra Jain in attendance.

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Delhi chief secretary KK Sharma said, “I would like to congratulate insurance companies and banks that you are making this possible.

Delhi has eleven districts and a large state apparatus. It is our responsibility to make these schemes happen.”

BJP MP Lekhi said that the country was benefiting from a prime minister with “leadership and vision”, and like Sharma, congratulated the banks. “They have done something worthy of the Guinness Book of Records. When we link these benefits to accounts opened by the Jan Dhan Yojana, it reaches millions of people who are marginalised. It is banks and the finance sector which have to take this forward,” she said.

Despite the Delhi government’s often attritional relationship with the central government, the state representative Satyendra Jain praised the schemes and promised the support of the Delhi government.

“For the first time, the poor will find out what insurance is. This is a good move for the poor. Thus far, schemes like this were limited at the minimum to the middle class, but now this has been extended to the marginalised. The amounts the schemes promise may not be large for some, but will be very useful to the marginalised. The Delhi government will support these schemes and aim to spread the message as far as possible,” Jain said.

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  1. Virendra Sason
    May 12, 2015 at 12:09 pm
    Atal Pension Yojana -- Financial Review Please accept it or correct it as you like it. Have any body reviewed Atal Pension scheme. In this scheme if anybody deposited Rs 210/- for 41 years. What would be the amount after 41 years interest@9%per annum compounded annually ? The amount may be Rs 10,63,821=48. Interest on Rs 10,63,821=48 will be @9.00% compounded quaterly Rs 99024=00 or Rs 8252=00 per month. Whether you want Rs 5000/- or Rs 8252/- Pl see whether the calculation is correct or not. Here Govt of India calculation is Rs 8,50,000=00 only. Whether you like Rs 8252/pm- or Rs 5000/-Pm.