8 Insurance Schemes Launched by Modi Govt and How They Benefit Aam Aadmi


ModiBENGALURU: Prime Minister Narendra Modi has completed a successful one year which is certainly good news for him and his party. But what concerns the general public is what has come out of this one year of Modi government.

Therefore moving beyond Modi’s report card here are few social security schemes launched by the Modi Sarkar in this one year which are of enormous importance to the masses. It is up to the people to decide and rate how good the government’s performance has been till date but these schemes will certainly be of great benefit if known in detail. ET lists the following schemes:

Atal Pension Yojana

Atal Pension Yojana

Offers: Pension between 1, 000 and 5,000 a month.

Cost: To avail pension 1000 a month, a 40 Year-old subscriber has to invest 291 per month for 20 years and 42 p.m by 18 year old for 40 years.

Eligibility: Everyone between the age group of 18-40 can subscribe and must contribute till they turn 60.

Beneficiaries: This is an investment made on behalf of one’s domestic help, who may not have someone to look after them post-retirement.

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