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Tracking performance of Modi Sarkar - Evidence only

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Tracking performance of Modi Sarkar - Evidence only

Last updated: August 28 2017
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  • Re : Tracking performance of Modi Sarkar - Evidence only

    Capital Mind – You Will Not Believe The Real Cost of the Subsidized Insurance and Pension Schemes In The Budget
    Good article.
    Accidental Death Insurance for Everyone at Rs. 12 per year

    For people between 18 and 50 who have a bank account. Rs. 330 per annum is auto-debited by the bank, for a cover of Rs. 200,000 in case the insured dies.

    Cost: Costs vary by age, and Rs. 160 per year per lakh for someone less than 30 years old is easily available with most insurers. (Translates to Rs. 16,000 per crore of term insurance)
    Our Take

    While it sounded scary in the budget, the details tells us:

    The total cost of all these schemes is probably less than 2,000 cr. per year. That’s less than 1% of the total subsidy bill of the year on food/fuel/fertilizers.
    This is peanuts.
    And I say this while I criticise the government on other things, so don’t call me a fanboy.
    The government will do this with other institutions (insurers, NPS) so there is a layer of professionalism in the delivery.
    You are probably too rich for these schemes, but do take the 12 rupees per year accident insurance, even if you’re young. If you don’t die, you will benefit the cause by spreading risk.
    If you aren’t very cynical, please considering buying these products for the people around you who aren’t as privileged: The security guards in your building, your household help, the driver of your children’s school bus and so on.
    The Atal Pension Plan

    If you don’t pay tax, and don’t have a PPF, PF, or other pension account, and you are between 18 and 40 years old: you can pay a monthly amount to get a pension after the age of 60, of Rs. 1000 to Rs. 5000 per month. The government pays into your account 50% of what you pay, limited to Rs. 1000 per year. The government guarantees the pension, though the administration would be through the New Pension Scheme.

    My view;
    Good initiative from the details seen in this nice informative article by Capital Mind.
    Congrats to the Government.

    Comment


    • Re : Tracking performance of Modi Sarkar - Evidence only

      FDI

      Coal Auction

      Last edited March 11 2015, 03:47 AM.

      Comment


      • Re : Tracking performance of Modi Sarkar - Evidence only

        this is how a country grows&develops.NOT via your free bees which actually destroy the economies!





        Self Explanatory
        Last edited March 11 2015, 03:52 AM.

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        • Re : Tracking performance of Modi Sarkar - Evidence only

          All the amendment moved by obstructionists on LAB is going for sixer in LS

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          • Re : Tracking performance of Modi Sarkar - Evidence only

            Originally posted by yogeshraja View Post
            All the amendment moved by obstructionists on LAB is going for sixer in LS
            Who are the people or parties abstaining?

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            • Re : Tracking performance of Modi Sarkar - Evidence only

              MMS will be remembered as an Over-rated Economist & a Spineless man who almost destroyed India with Mega-Scams



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              • Re : Tracking performance of Modi Sarkar - Evidence only

                Capital Mind – Suckered: NTPC’s Awesome Bonus Debenture and How The Government Gets 9,700 crores Without Selling a Single Share
                Read the twitter posts also.
                Clever tricks by government to reduce financial deficits at the cost of PSUs.
                People will se through these tricks.Performance and not tricks can take India forward.

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                • Re : Tracking performance of Modi Sarkar - Evidence only

                  Auction was ordered by SC lol

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                  • Re : Tracking performance of Modi Sarkar - Evidence only

                    A BJP MP was original whistleblower on Coal scam.
                    However Honble SC deserves credit for passing strong orders which facilitated huge revnue coming to government.
                    But always remember the coal companies,telecom companies will pass on the the huge expense to secure spectrum,coal mines in form of increased prices to us the consumer.

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                    • Re : Tracking performance of Modi Sarkar - Evidence only

                      India deepening strategic footprint in Indian Ocean - The Hindu
                      Good for India.
                      Good initiative by GOI.

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