Wednesday, September 28, 2022

PM Awas Yojana 2021: Another big facility can be available in PM Awas Yojana, take advantage immediately

PM Awas Yojana 2021: CII has demanded from the government that the Pradhan Mantri Awas Yojana should be relaunched and the facility of life insurance should be made mandatory in it. 

There is news of work under PM Awas Yojana 2021. Industry organization CII has demanded from the government that the Pradhan Mantri Awas Yojana should be relaunched and the facility of life insurance should be made mandatory in it. Along with this, demand has also been made to provide compulsory insurance for the beneficiaries of the Pradhan Mantri Awas Yojana (PMAY) loan.

Home for all 

Actually, the government has planned to provide houses to all the people of the country under the Pradhan Mantri Awas Yojana (PM Awas Yojana Benefits). Under this, if the borrower dies or becomes disabled, the government has also been demanded to give the benefit of life insurance along with the loan to realize the dream of his house.

Most prominent among the government’s missions

Pradhan Mantri Awas Yojana PMAY is one of the major schemes of the central government (PM Awas Yojana Eligibility). Under this, the central government has set a target of providing housing to all by the year 2022 i.e. till the completion of 75 years of the country’s independence. To fulfill this goal, CII has demanded from the government to give the benefit of life insurance to the beneficiaries along with the housing scheme.

Read More: SHOCKING!! Riding a bike can damage iPhone’s camera, here’s how to avoid it

What is the demand of CII

If the government accepts this demand of CII and PM Awas Yojana 2021 List is relaunched with life insurance, then it will be a big achievement for the people. Till now there is no facility of any kind of cover for the person taking a loan in this scheme. There is no provision for an in-built insurance plan with the loan. CII says that if you get the benefit of insurance with the loan of PM Awas Yojana, then in adverse circumstances the cost of the house will also continue and the work of construction of the house will not stop.

Benefits of life insurance

CII Director General Chandrajit Banerjee said, “There is a need to relaunch the PMAY scheme with which the benefit of credit linked insurance or essentially life insurance can be extended to every borrower. This will not cause any problem in the goal of ‘Awas for all’. The construction of the house will not stop even on the death or disability of the borrower. There should be some arrangement that families should get houses and not loans. Life insurance can play a big role in this. For rapid development in the country, providing cheap houses is the biggest need. Under PM Awas Yojana, if the borrower dies, the construction of the house will stop and the effect of the loan will be different. The family will also be in trouble.

More need of insurance in Corona

There has been a serious impact on the livelihood of the people during the Corona period. The second wave saw a rapid increase in the death rate. In such a situation, financial assistance is a great need. Financially troubled people can get big benefits by giving the benefit of life insurance with the PMAY scheme. Under the plan, the government can fix a standard premium for life insurance if it wants. Through this, the insurance company can give credit cover to the beneficiaries of PM Awas Yojana. The facility should be that the benefit of insurance cover should be given at the time of taking a loan equal to the loan amount.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img

Most Popular

spot_img

Latest

Aadhar Card: Due to UIDAI’s major update, crores of citizens would be affected.

UIDAI Update For Aadhar Card: In today's life, even obtaining a gas cylinder for the home requires an Aadhar number, making it crucial for...

Post Office: With this post office plan, lakhpatis will be made easily! Know details to deposit 50 rupees to receive 35 lakhs.

Post Office Scheme: If you invest just Rs. 50 per day to the post office's village security scheme, you would eventually receive a benefit...

To withdraw 10,000 or more amount from the post office savings account, then do this work! Postal department changed the rules

Post Office Rules: Even today a large population of the country prefers to deposit their money in the post office savings account. You can...

Your smartphone will become iPhone 14 Pro Max in just Rs 500! Knowing people said – ‘Lakh rupees were saved

Dynamic Island On Android Smartphone:  Apple has launched its iPhone 14 series and people have become crazy about it. The company has done something...

OPD Cover Ensures: Take OPD cover in health insurance, understand why it is needed

OPD cover ensured in India: The corona pandemic has made everyone aware about health insurance. Now everyone does not need to think much about...

Most Popular

Subscribe

* indicates required