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Finance


What is Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)

For the growth of the poor and low-income section of society,  the government of India has launched a new unique life insurance scheme, named as  ‘Pradhan Mantri Jeevan Jyoti Bima Yojana’. This insurance plan is available for the people with the age group 18- 50 years. PMJJBY is a one-year life insurance scheme, which is renewable from year …

What is Pradhan Mantri Suraksha Bima Yojana (PMSBY)

Understanding the pain of the poor, the Indian government came up with the PMSBY scheme after the huge success of Pradhan Mantri Jan Dhan Yojana scheme. PMSBY was originally introduced by finance minister Mr Arun Jaitley in the budget speech of February 2015 and was launched by Prime Minister Narendra Modi on 9 May in Kolkata. It is the social …

What is Atal Pension Yojana (APY)

The Atal Pension Yojana scheme helps the debilitated section of society to save up for their old age and get a guaranteed monthly pension amount. Under this plan, the subscriber will receive a fixed pension after the age of 60, depending on his contribution amount and tenure. This scheme was introduced by the government of India …

What is Pradhan Mantri Mudra Yojana

The Pradhan Mantri MUDRA Yojana (PMMY) is a scheme announced by the Union Government of India on April 8, 2015. The purpose of PMMY is to provide funding to the non-corporate small business sector. Non- Corporate Small Business Segment (NCSBS) consists of millions of proprietorship/ partnership firms running as small manufacturing units, service sector units, shopkeepers, fruits/ …

What is Stand Up India Scheme

In a noble effort to not only acknowledge but also address challenges faced by entrepreneurs who are women or are members of the SC/ST community who are looking to obtain a loan to launch their own business venture, Prime Minister Narendra Modi launched the Stand-Up India Scheme in April of 2016. The main objective of this scheme …

Pradhan Mantri Vaya Vandana Yojana

Pradhan mantra Vaya Vandana Yojna is basically introduced for senior citizen of age 60 and above. It is more of a pension plan which was launched by the Indian government on 4th May 2017. Under this scheme, senior citizens will get a guaranteed return of 8% for 10 years. This policy can be purchased online as well as …

donate for kerala

Kerala is amidst an exceptional surge devastation. The disaster has caused boundless hopelessness and destruction. Numerous lives were lost. Several homes were completely annihilated and numerous more were harmed.