Insurance for all by 2047 A Study Of PMSBY: Insurance Penetration of the Population of Chhattisgarh State

Authors

  • Kajol Dutta Assistant Professor Bharti Vishwavidyalaya Durg
  • Anirban Das Deputy Manager National Insurance Co. Ltd Raipur

DOI:

https://doi.org/10.33516/maj.v59i6.54-55p

Keywords:

No Keywords.

Abstract

Insurance provides coverage of unexpected risks which can result in economic, financial and social losses. The PMSBY scheme is a flagship financial inclusion program of the Government of India announced in 2015 to provide accidental death or disablement cover to the insured at an extremely affordable premium. The purpose of this article is to see whether the flagship insurance penetration initiative of IRDAI, that is the ‘Insurance for All by 2047’ has been successful in increasing the penetration of PMSBY insurance in Chhattisgarh after its launch in the year 2022, and how has it contributed to the betterment of the State’s economy after its announcement.

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Published

2024-06-24

How to Cite

Dutta, K., & Das, A. (2024). Insurance for all by 2047 A Study Of PMSBY: Insurance Penetration of the Population of Chhattisgarh State. The Management Accountant Journal, 59(6), 54–55. https://doi.org/10.33516/maj.v59i6.54-55p

Issue

Section

Cover Story

References

https://irdai.gov.in/

https://jansuraksha.gov.in/

https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1922622

Unstarred Question 1894 in Lok Sabha answered on 19-122022 by the Ministry of Finance.

Economic Survey 2021-22 of the Directorate of Economics and Statistics, Govt. of Chhattisgarh.

State Finances Audit Report of the Comptroller and Auditor General of India for 31-03-2022.

Unstarred Question 2350 in Lok Sabha answered on 18-12-2023 by the Ministry of Finance.

Economic Survey 2023-24 of the Directorate of Economics and Statistics, Govt. of Chhattisgarh.

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