8 Insurance Schemes Launched by Modi Govt and How They Benefit Aam Aadmi
Kisan Vikas Patra
Offers: A more secure interest rate of 8.7 per cent and a promise to double the investment in 100 months.
Cost: Minimum of 
1, 000 and no cap.
Eligibility: All
Beneficiaries: Everyone who subscribes can avail medium term benefits.
Sukanya Samriddhi Scheme
Offers: Guaranteed annual returns of 9.2 per cent.
Cost: Minimum of 1000 p.a and maximum limit is 1.5 lakh.
Eligibility: Girl child below age 10.
Beneficiaries: Domestic workers who cannot afford their girl child’s education and hence discontinue their studies. Also to those who consider a boy child’s education more important over girl’s. This saving can also be utilized for a daughter’s marriage.
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