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DFS Secretary chairs meeting with Chief Secretaries to boost enrolments under PMJJBY & PMSBY during the 3-month long campaign

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..... DFS Secretary chairs meeting with Chief Secretaries to boost enrolments under PMJJBY & PMSBY during the 3-month long campaign - News and Press Release Dated:- 11-4-2023 - News - Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), Ministry of Finance, chaired a VC meeting yesterday with Chief Secretaries/ senior officials of all States/UTs to sensitise and impress upon them the sa .....

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..... lient features of the intensive three months long campaign to boost coverage of micro-insurance Schemes viz. Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) at Gram Panchayat level. The 3-month campaign will cover all the districts in the Country from 01.04.2023 to 30.06.2023. During the meeting, the states/UTs were urged to increase enrolments u .....

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..... nder the micro-insurance Schemes given the scope and size of population in states. Currently, the active enrolments under PMJJBY are 8.3 crore and 23.9 crore under PMSBY and claims of about Rs. 15,500 crore have been paid under these schemes. Dr. Joshi sought support of Chief Secretaries of all the States/UTs for their active role in ensuring effective implementation and monitoring of the campa .....

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..... ign. As a step towards amassing scale, Secretary, DFS, will also be taking a meeting with the heads of all Public Sector Banks on 13 th April 2023 also to ensure that saturation campaign reaches to maximum number of eligible beneficiaries. ABOUT PMJJBY and PMSBY The PMJJBY and PMSBY are aimed at providing life and accidental insurance cover to the citizens, especially the marginal secti .....

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..... ons of the society, as part of social security cover. PMJJBY provides insurance cover of Rs. 2 lakh in the event of death due to any reason whereas PMSBY provides accidental insurance cover of Rs. 2 lakh for death or full permanent disability and Rs. 1 lakh in case of partial permanent disability. The two schemes provide the much needed financial support to the subscribers and/or their families in .....

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..... such eventualities. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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