The Pradhan Mantri Jeevan Jyoti Bima Yojana Announced

The Union Finance Minister, Shri Arun Jaitely presenting the Union Budget 2015-16, said that the third Social Security Scheme that is to be announced is the Pradhan Mantri Jeevan Jyoti Bima Yojana which covers both natural and accidental death risk of Rs. 2 lakhs. The premium will be Rs. 330 per year, or less than one rupee per day, for the age group 18-50.

Source : Equity Bulls

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