One crore in state join PM’s social security schemes. Chief Secretary Antony De Sa, presiding over a State-level Bankers Committee meeting here on Wednesday, exhorted the bankers and state government officials to make greater efforts for better results in employment schemes. He said 97-99 per cent disbursement of loans under Mukhyamantri Yuva Udhyami Yojana, Mukhyamantri […]
865 खाताधारी जुड़े अटल पेंशन योजना से
865 खाताधारी जुड़े अटल पेंशन योजना से बैंक ऑफ इंडिया के कार्यपालक निदेशक आरपी मराठे एवं महाप्रबंधक केएल शर्मा ने बुधवार को कई शाखाओं का निरीक्षण किया। साथ ही ग्राहकों के साथ बैठक कर समस्याओं के बारे में जानकारी ली। आंचलिक कार्यालय परिसर में भी व्यवसाय संबंधी समीक्षा की गई। यह जानकारी दी गई कि […]
PM बीमा और पेंशन योजना से जोड़ रहे लोगों को,
PM बीमा और पेंशन योजना से जोड़ रहे लोगों को जबलपुर। प्रधानमंत्री बीमा योजना के अंतर्गत आज 13 स्थानों पर शिविर लगा पात्र हितग्राहियों को जोड़ा जा रहा है। इसी क्रम में आज बैंकों में लगाए गए शिविरों में अधिकारियों द्वारा प्रधानमंत्री सुरक्षा बीमा, जीवन ज्योति बीमा और अटल पेंशन योजनाओं की जानकारी भी लोगों […]
Making financial inclusion viable
Making financial inclusion viable Recently launched social schemes can improve business for rural banking outlets Financial inclusion has been high on the Modi-led Government’s agenda. Apart from mandating banks to open more accounts in rural areas, the Centre is also pitching to make financial inclusion initiatives more viable this time around. For one, the government’s […]
Is thoughtless introduction making pension system lose its credibility?
Sporadic launching of popular social security schemes has become a fashion for governments. The recently launched Atal Pension Yojana, will definitely provide some work and funds to the administrators of NPS and but may not to the subscribers Eventually India has to debate the rationale for back-door introduction of National Pension System (NPS), denying an […]
Should you invest in Pradhan Mantri Jeevan Jyoti Bima & Suraksha Bima Yojana?
Since the target audience for these schemes is a low strata of the society, it is not advisable for those belonging to the middle class or upper middle class, whose life insurance needs are much more. Prime Minister Narendra Modi announced three major social security schemes which would an an extension to Pradhan Mantri Jan-Dhan […]
Maximising the post office
Instead of hamstringing public sector banks with social schemes, it is time to transfer many of these financial tasks to India Post. Public sector bank employees are so overwhelmed by the sheer number of government-sponsored schemes they are saddled with, that they have begun to come up with parodies. One such spoof scheme is what […]
Enrol MNREGA workers under social scrutiny schemes: Govt
In a communication sent to all states including Congress- ruled Kerala, Union Rural Development Ministry has also asked them to disburse MNREGA wage payment through the banking network operated by banking correspondents wherever functional banking correspondents are deployed by the banks. Celebrating one year in office, the NDA government has asked states to enrol all […]
Fine print in govt-promoted insurance schemes
Personal accident cover is good but life insurance plan isn’t cheap and pension plan is rigid on withdrawals A few days earlier, three government policies – Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and the Atal Pension Yojana – were launched with much fanfare. These primarily aim at affordableinsurance to the […]
Banks enrol 63 mn people under Jan Suraksha schemes
Among banks, SBI has highest enrolments at 16.8 million Banks have enrolled 63.3 million people under the three Jan Suraksha schemes — Atal Pension Yojana (APY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY). State Bank of India (SBI) had highest enrolments at 16.8 million, as of May 11.These […]