DSIJ Mindshare

Insurance penetration to get emphasis; SBI life insurance and ICIC pru life insurance see action

Neerja Agarwal 0 12238 Article rating: 3.0
As India stands under penetrated in terms of insurance penetration and more so in the BPL category and rural India, Government is planning to utilise the PM Jan dhan yojana accounts to extent the micro insurance and pension scheme through these accounts. These measure are positive for the bank as it can lead to higher account openings and also more financial discipline of saving and insurance

Budget 2018: Big boost of agricultural and rural economy

Rohan Takalkar 0 3014 Article rating: 5.0

In the starting commentary finance ministry announced major relief for the farmers. The government increase in MSP of kharif crops by 1.5 times the cost of produce of the crops. It has earlier increased the MSP of rabi crops by similar percentage. This comes in line with the governments aim at doubling the farmers income by FY2022.

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