BHARTI AXA Life has started offering its new child plan — Bright Stars PLUS — with a feature that promises to hand out 7% of the fund value as ‘Jumpstart’ benefit. Like several other child plans, this product comes with a waiver of premium benefit in the event of the policyholder’s death. In such a circumstance, the company undertakes to pay the regular premiums into the policy till maturity. Policyholders can choose from five fund options, and are allowed 12 free switches a year between these funds.
The Make in India program was launched by Prime Minister Naredra Modi in September 2014 as part of a wider set of nation-building initiatives. It was devised to transform India into a global design and manufacturing hub. The primary motive of the campaign is to encourage multinational as well domestic companies to manufacture their products in India. This would create more job opportunities, bring high-quality standards and attract capital along with technological investment to bring more foreign direct investment (FDI) in the country. Why India as the next manufacturing destination? The rising demand in India along with the multinational's desire to diversify their production to include low-cost plants in countries other than China, can help India's manufacturing sector to grow and create millions of jobs. In the words of our Honourable Prime Minister- Mr. Narendra Modi, India offers the 3 'Ds' for business to thrive— democracy,...
