Pradhan Mantri Mudra Yojana or Mudra loan is a flagship scheme by the government of India. The PMMY scheme was launched in 2015 with the aim of providing financial support, generating employment and promoting entrepreneurship in the country. MUDRA stands for Micro Units Development and Refinance Agency. What is the Pradhan Mantri Mudra Yojana? PM … Read more
Stand-Up India scheme is a government initiative launched on 5th April 2016 to facilitate bank loans for SC/ST and women entrepreneurs. Intent was to establish greenfield enterprises in manufacturing, services and trading sectors to improve economic empowerment and job creation. This scheme has been extended up to the year 2025. What is the Stand-Up India … Read more
The Aam Aadmi Bima Yojana offers death and disability Cover to individuals aged 18 to 59 in the unorganized sector who lack social security. However, implementing such schemes always have its own challenges. Here, we review the Aam Aadmi Bima Yojana, addressing its features, Benefits and impact . What is Aam Aadmi Bima Yojana? The … Read more
Awaz Health Insurance Scheme : Health insurance in India is a must, particularly for the labor class, as it offers financial protection, timely access to quality healthcare. It plays a crucial role in preventing major health issues from setting them back financially, ensuring a secure and prosperous future for individuals and their families. What is … Read more
Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY) is a health insurance scheme launched by the Government of India. It is the flagship program comes under the Ayushman Bharat initiative. It provides financial protection of up to Rs 5 lakh per family per year for hospitalisation due to medical emergencies. It is for the poor … Read more
Sahara India life insurance has a solvency ratio of 6.75 as of March 2022. Solvency ratio is a crucial factor to consider while choosing an insurer. IRDAI publishes the solvency ratio of Sahara India life quarterly (i.e. June, September, December and March) in their annual reports. Solvency Ratio of Sahara India Life Insurance from 2006 … Read more