FIVE STAR VILLAGE SCHEME: UPSC Daily Important Topic | 19 October 2021

FIVE STAR VILLAGE SCHEME

The department of posts has launched a scheme called Five Star Villages, to ensure universal coverage of flagship postal schemes in rural areas of the country.

ABOUT

The Scheme seeks to bridge the gaps in public awareness and reach of postal products and services, especially in interior villages.

IT INCLUDES
  • Savings Bank accounts, Recurrent Deposit Accounts, NSC/KVP certificates.
  • Sukanya Samridhi Accounts/PPF Accounts.
  • Funded Post Office Saving Account linked India Post Payment Bank Accounts.
  • Postal Life Insurance Policy/Rural Postal Life Insurance Policy and
  • Pradhan Mantri Suraksha Bima Yojana Account/ Pradhan Mantri Jeevan Jyoti Bima Yojana Account.
ITS IMPLICATION

The scheme will be implemented by a team of five Gramin Dak Sevaks who will be assigned a village for the marketing of all products, savings and insurance schemes of the Department of Posts.

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