Uttar Pradesh becomes No. 1 in implementation of Pradhan Mantri Suraksha Bima Yojana

Uttar Pradesh has become number one in implementation of Pradhan Mantri Suraksha Bima Yojana (PMSBY) in the country. As per the statement released by state government, 1.95 crores people have been given insurance cover under the scheme till 31 march 2019. The implementation of this ambitious central government scheme started in state from January 2018 under which people between age group of 18 to 70 get accidental insurance cover of Rs. 2 lakh by paying a nominal premium of Rs 12 annually. Beside this, Uttar Pradesh stands second in the country in the implementation of Pradhan Mantri Jeevan Jyoti Beema Yojana (PMJJBY). The PMJJBY is a life insurance scheme that provides a life cover of Rs.2 lakh at Rs.330/year. It is available to people in the age group of 18 to 50 years having a bank account who give their consent to join / enable auto-debit.