In recent times government of India has taken several initiatives to improve well-being of citizens of this country. Our aim here will be to explore details of some of the innovative steps taken by government of India.
Indian Money Review of Innovative Schemes Started by Government of India
Insurance by Indian Railways
As per Indian Money company reviews, passengers are able to avail this insurance offer while booking their train tickets. The good thing about the insurance is that it is a very small cost (of Rs.0.92), which most passengers are able to bear.
Main benefits of Indian Railways insurance scheme are:
Your train journey is covered under the insurance.
According to Indian Money reviews, if travelers gets injured or unfortunately dies, the total sum assured is paid to the nominee.
In case of permanent disability or death due to rail accident, the amount that is paid is Rs.10 Lakhs.
If the passenger suffers partial disability then Rs.7.5 Lakhs is paid.
In case, it becomes necessary to hospitalize the patient then for hospital expenditure Rs.2 Lakhs is paid.
Stand Up India
The aim of this scheme is to facilitate entrepreneurship among women of Scheduled Tribe and Scheduled Cast communities. As per IndianMoney.com reviews, the bank loan that women can avail under this scheme ranges between 10 Lakhs and 1 crore.
Some of the advantages of stand up India scheme are:
The scheme aims to cover more than 2 lakh young entrepreneurs representing the marginalized communities in the country.
All banks need to sanction these loans and it is necessary for them to give this loan to one entrepreneur at least.
Lastly, this loan is given for businesses that are in non-farming category.