The Indian Railways has come up with an insurance policy that will cover millions of Indians doing rail journey.
The premium is just Re 0.92 and will cover upto Rs 10,00,000.00. This is indeed a very generous move on the part of Indian Railways. Hon. Railway Minister Sri Suresh Prabhu and his team are doing level best to make railways more user friendly as well as profitable.
This move is also economically extremely smat. As per latest reports more than 4 million people have opted for the same insurance policy paying just 92 paisa.
4 million or 40 lakhs customers are paying 92 paisa. Which means till date more than Rs 36,80,000 has been collected as premium. This number will increase so will the premium.
Good Job Sri Suresh Prabhu.