POSTAL LIFE INSURANCE LIMIT HIKED TO  0.5 Crore  (50 lakhs) :

To mark the Good Governance Day, Telecom Minister Ravi Shankar Prasad today announced that the limit of postal life insurance (PLI)  has been raised from Rs 20 lakh to Rs 50 lakh, besides launching one-month rental-free MTNL broadband and landline combo plans on new bookings.