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48 crore Indians enrolled in Rs 2 Lakh accident insurance under PMSBY

The Business Guardian

|

December 15, 2024

Nearly 48 crore individuals have enrolled in Rs 2 lakh accident insurance coverage through the Pradhan Mantri Suraksha Bima Yojana (PMSBY), the Finance Ministry said on Saturday.

- CORRESPONDENT

48 crore Indians enrolled in Rs 2 Lakh accident insurance under PMSBY

The Finance Ministry in a social media post on X added that the cumulative enrolment under the PMSBY has been 47.59 crore, and the cumulative number of claims received stood at 1,93,964, while the cumulative number of claims disbursed is 1,47,641.

PMSBY is a one-year accidental insurance scheme renewable from year to year, offering coverage for death or disability due to an accident.

Persons in the age group of 18-70 years having an individual bank or a post office account are entitled to enrol under the scheme.

MEER VERHALEN VAN The Business Guardian

The Business Guardian

The Business Guardian

Rare earth magnets scheme to place India among 'allied group of nations

Union Minister for Heavy Industries & Steel, H D Kumaraswamy on Friday, through a video release, hails Union Cabinet's approval for the scheme to promote manufacturing of sintered Rare Earth Permanent Magnets (REPM) with a financial outlay of Rs 7,280 crore emphasizing that the move will place India among the \"allied group of nations\".

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

INDIAN ECONOMY GROWS 8.2% IN Q2 2025-26

India's nominal GDP grew at an 8.7 per cent rate during the September quarter, data showed today.

time to read

2 mins

November 29, 2025

The Business Guardian

Smog engulfs Mumbai amid dip in air quality as pollution rises

A dense layer of smog enveloped several parts of Mumbai on Friday, including the Bandra-Kurla Complex area, as pollution levels continue to rise in Maharashtra’s capital.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

18 new prospecting agencies notified to boost India's coal sector

In a major move to accelerate coal exploration and strengthen India's push toward Aatmanirbhar Bharat, the Government of India has expanded the pool of Accredited Prospecting Agencies.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

'Rising middle class, strong economy to drive tourism boom in country'

Tourism in India is set to grow at over 20 per cent Compound Annual Growth Rate (CAGR), Union Minister Gajendra Singh Shekhawat optimistically said on Friday, as he highlighted the country's growing economy, overall infrastructure, and rising middle-class population.

time to read

1 min

November 29, 2025

The Business Guardian

The Business Guardian

India’s Crypto Tax Policy Ahead of Budget 2026: From Discouragement to Neutrality

As India moves toward Budget 2026, there is a clear need to rethink how the country treats virtual digital assets (VDAs).

time to read

1 min

November 29, 2025

The Business Guardian

Tirupati laddu ghee row: SIT nabs senior TTD official

The Special Investigation Team (SIT), under the supervision of the Central Bureau of Investigation (CBD), arrested senior TTD engineering department official in connection with the Tirumala Tirupati Devasthanams (TTD) laddu-ghee adulteration case, an SIT official said.

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

NHRC issues notice to MP govt officials to inquire human rights violations at VIT

The National Human Rights Commission (NHRC) has issued notices to top officials of the Madhya Pradesh government, the state police, and the University Grants Commission (UGC) after taking cognisance of a complaint alleging severe human rights violations at VIT University, located in Sehore district.

time to read

1 mins

November 29, 2025

The Business Guardian

The Business Guardian

BYJU RAVINDRAN CLAIMS CLINCHING EVIDENCE THAT PROVES LENDERS MISLED

Additionally, Byju Raveendran has separately filed a motion in the Delaware Bankruptcy Court to correct what he says is the Court's premature damages judgement.

time to read

2 mins

November 29, 2025

The Business Guardian

The Business Guardian

Warner Bros. Discovery unveils Nithari: Truth, Lies & Murder

Nearly two decades after the Nithari killings sent shockwaves across the nation, Warner Bros. Discovery and Trinetra return to the scene of the crime with Nithari: Truth, Lies & Murder. Reignited by the November 11th, Supreme Court verdict overturning Surinder Koli's last remaining conviction, the gripping three-hour investigative docu-series delves deep into one of India's most chilling real-life crimes.

time to read

1 min

November 29, 2025

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