Sunday, August 30, 2015

Pay Rs 12 per year and upon death , family members get Rs 200,000 !! (30-Aug-2015) No.2

August 30, 2015

https://www.facebook.com/mehtarahulc/posts/10153004029821922

Pay Rs 12 per year and upon death , family members get Rs 200,000 !!
.
Say whole India pays Rs 12 per year. So money cpllected every year Rs 12 * 125 crore = Rs 1500 crores
.
Every year, over 1 crore persons die
.
So outgo = Rs 200,000 * Rs 1 crore = Rs 200,000 crore , over 13 times the inflow !!!
.
Am I missing something?

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