New Delhi. Today is the last day of the month of April. Tomorrow will be the beginning of the month of May. And from May 1, many types of arrangements are going to change in the country. The farmers can get the eighth installment of Kisan Samman Nidhi at the beginning of this month itself. Apart from this, many types of rules are changing, which is important for you to know. Many major regulations are about to change, from corona vaccination to banking and insurance policies. Let’s know what these changes are and how they will affect your life.
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1. The third phase of vaccination begins.
In view of the second wave of Corona epidemic, the Indian government is starting the third phase of vaccination from May 1. In the third phase, all people above the age of 18 years are allowed to get vaccinated. For this, first you have to register online. After this, you will have to get the vaccine when your number comes to the nearest vaccination center.
2. New prices of gas cylinders released
On the first of every month, state oil companies fix gas cylinder prices. This will also happen in the month of May. New prices will be released on 1 May. Gas cylinder prices will either be cut or prices will increase. However, after the reduction in the prices of crude oil in the global market, it is expected that the gas prices will also be cut this month.
3. Axis Bank will change minimum balance rules
The rules for keeping minimum balance in a savings account with Axis Bank will change from May 1. The minimum balance requirement has been increased from Rs 10,000 to Rs 15,000 for an account with Easy Savings schemes. With this, if you withdraw money from the ATM on or after May 1 and your free transaction limit is over, then every transaction will be charged double than before.
4. Double the cover amount of the Arogya Sanjeevani Policy
The insurance regulatory body IRDA has doubled the cover amount of the Arogya Sanjeevani policy. Insurance companies will have to offer a policy covering up to Rs 10 lakh from May 1. Prior to this, the maximum coverage limit of Arogya Sanjeevani Standard Policy was only up to Rs 5 lakh. Now it is being increased to 10 lakhs.
5. Banks will remain closed for 12 days in the month of May
Banks will remain closed for a total of 12 days in the month of May. These include holidays of Sundays and second, fourth Saturdays of the week, besides many festivals. Banks will not be closed across the country on many holidays, but rather the places where that festival is celebrated. Banks will be closed at the same time.
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