PM Modi launches scheme for retail participation in government securities
The Hindu
The two initiatives of RBI – retail direct scheme and integrated ombudsman scheme – will also promote financial inclusion, he said.
Prime Minister Narendra Modi on Friday launched two customer-centric initiatives of the (RBI) with a view to provide opportunities to retail investors to participate in the government securities market and contribute towards nation-building.
“The two initiatives of RBI – retail direct scheme and integrated ombudsman scheme – will also promote financial inclusion,” he said.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












