October 13, 2017 1:45 PM

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Government launches Sampoorna Bima Gram Yojana, expansion of Postal Life Insurance

Government today launched Sampoorna Bima Gram Yojana and expansion of Postal Life Insurance, in New Delhi. Under the Sampoorna Bima Gram Yojana, at least one village having a minimum of 100 households will be identified in each of the revenue districts of the country. <br/><br/>Communication Minister Manoj Sinha said, endevour will be made to cover all households of that identified village with a minimum of one Rural Postal Life Insurance policy each. He said, coverage of all households in the identified Sampoorna Bima Gram village is the primary objective of the scheme. <br/><br/>Under the scheme expansion of client'le base of Postal Life Insurance, it has been decided that its benefits will no longer be confined to government and semi-government employees. But will also be available to the professionals such as doctors, engineers, management consultants, chartered accountants, lawyers and bankers. <br/><br/>Mr Sinha said the two initiatives launched today will serve as an instrument of securing lives of people as well as enhancing financial inclusion.

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