"KING:'After PMJDY, where each and
every Indian to have at least one Savings Account in a Bank; the
Indian Government has now launched PMJJBY, PMSBY and APY to provide
accidental insurance cover, term insurance cover and pension cover to
each and every Indian.' HERMIT:'These are good social initiatives as
well as smart financial reforms to generate extra money in the Indian
Economy. In India, the problem lies with the continuity
of these accounts. Around 60% of the public will forget everything
about it after 4 or 5 years and then these accounts will remain
frozen/dormant/deactivated. Anyway, for the time being, mass
enrolments are going on and all its information are available at the
website: http://www.jansuraksha.gov.in/Default.aspx.'"-Arindam
Sain
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