<P> Pradhan Mantri Jeevan Jyoti Bima Yojana is a government - backed Life insurance scheme in India . It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015 . It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata . As of May 2015 , only 20 % of India 's population has any kind of insurance , this scheme aims to increase the number . </P>
<P> Pradhan Mantri Jeevan Jyoti Bima Yojana is a government - backed Life insurance scheme in India . It was originally mentioned in the 2015 Budget speech by Finance Minister Arun Jaitley in February 2015 . It was formally launched by Prime Minister Narendra Modi on 9 May in Kolkata . As of May 2015 , only 20 % of India 's population has any kind of insurance , this scheme aims to increase the number . </P>
what is pradhan mantri jivan jyoti bima yojana ( pmjjby )
what is pradhan mantri jivan jyoti bima yojana ( pmjjby )
a government - backed Life insurance scheme in India
a government - backed Life insurance scheme in India