India Post launches Five Star Villages Scheme

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News: Department of Posts has launched Five Star Villages Scheme.

Facts:

  • Aim: To ensure universal coverage of flagship postal schemes in rural areas of the country by increasing public awareness and reach of postal products and services.
  • Schemes Covered under the Five Star scheme include:
    • Savings Bank accounts, Recurring Deposit Accounts, NSC / KVP certificates
    • Sukanya Samriddhi Accounts/ PPF Accounts
    • Funded Post Office Savings Account linked India Post Payments Bank Accounts
    • Postal Life Insurance Policy and
    • Pradhan Mantri Suraksha Bima Yojana Account / Pradhan Mantri Jeevan Jyoti Bima Yojana Account.
  • Implementation: The scheme will be implemented by a team of five Gramin Dak Sevaks who will be assigned a village for marketing of all products savings and insurance schemes of the Department of Posts.
    • This team will be headed by the Branch Post Master of the concerned Branch Office.