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Pradhan Mantri Jeevan Jyoti Bima Yojana ( Prime Minister Jeevan Jyoti Insurance Scheme) is a Government -backed Life insurance scheme in India. It was originally mentioned in the year 2015 Budget speech by the then- Finance Minister, late Arun Jaitley in February 2015. [1] It was formally launched by Prime Minister Narendra Modi on 9 May in ...
Relaunched on 9 May 2015; 9 years ago. Atal Pension Yojana (APY, translation: Atal's Pension Scheme ), formerly known as Swavalamban Yojana (SY, translation: Self-Support Scheme) is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget speech by the Finance Minister ...
Life Insurance Corporation of India (LIC) is an Indian public multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 49.24 trillion (US$620 billion) as of March 2023. [3]
The National Pension System ( NPS) is a defined-contribution pension system in India regulated by the Pension Fund Regulatory and Development Authority (PFRDA) which is under the jurisdiction of the Ministry of Finance of the Government of India. [1] National Pension System Trust ( NPS Trust) was established by PFRDA as per the provisions of ...
Website. nsap .nic .in. The National Social Assistance Programme ( NSAP) is a Centrally Sponsored Scheme of the Government of India that provides financial assistance to the elderly, widows and persons with disabilities in the form of social pensions. The NSAP scheme only includes Below Poverty Line individuals as beneficiaries.
Number of employees. 18,000 (2023) Website. Sbi Life. SBI Life Insurance Company Limited [3] is an Indian life insurance company which was started as a joint venture between State Bank of India (SBI) and French financial institution BNP Paribas Cardif. SBI has a 55.50% stake in the company and BNP Paribas Cardif owns a 0.22% stake.
Mahatma Gandhi Pravasi Suraksha Yojana is a special social security scheme which includes Pension and Life Insurance, introduced by Ministry of Overseas Indian Affairs for the overseas Indian workers in possession of Emigration Check Required (ECR) passports. [1] It is a voluntary scheme designed to help workers to meet their three financial ...
Pradhan Mantri Jan Dhan Yojana (transl. Prime Minister's Public Finance Scheme) is a financial inclusion program of the Government of India open to Indian citizens (minors of age 10 and older can also open an account with a guardian to manage it), that aims to expand affordable access to financial services such as bank accounts, remittances, credit, insurance and pensions.