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<h1>India Merges Janashree Bima Yojana and Aam Aadmi Bima Yojana for Better Life Insurance Service Delivery.</h1> The Government of India has merged the Janashree Bima Yojana and Aam Aadmi Bima Yojana into a single scheme to enhance administration and service delivery of life insurance for economically disadvantaged groups. Both schemes, previously implemented by the Life Insurance Corporation of India, shared similar benefits, premiums, and target demographics. The merger aims to streamline operations, prevent duplicate coverage, and ensure more precise claim processing. This consolidation focuses on improving management and service efficiency rather than increasing savings. The announcement was made by the Minister of State for Finance in response to a parliamentary inquiry.
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