New Delhi, 09 May (Hindustan Times). Union Finance Minister Nirmala Sitharaman said that the central government’s social security schemes are aimed at providing essential financial services, especially to the underprivileged. Sitharaman said social security schemes protect the underprivileged from risk, loss and financial uncertainty.
The Finance Minister said this on Tuesday on the occasion of the 8th anniversary of three social security schemes Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY). He said that these three schemes of the Central Government are for the welfare of the citizens, which provide security in case of unforeseen events and financial uncertainties.
Citing the data of the three schemes, Sitharaman said that till April 26, 2023, 16.2 crore enrollments have been done under PMJJBY, 34.2 crore under PMSBY and 5.2 crore under APY. About PMJJBY, the Finance Minister said that it has provided significant assistance to 6.64 lakh families and a total amount of Rs 13,290 crore has been disbursed to them. He informed that under PMSBY, a total of Rs 2,302 crore has been given to more than 1.15 lakh families.
On this occasion, Minister of State for Finance Bhagwat Kishan Rao Karad said that campaigns are being run in every gram panchayat to involve people in these schemes in rural areas. The claim process for PMJJBY and PMSBY has been simplified. It is worth noting that these three public security schemes of the Central Government PMJJBY, PMSBY and APY were launched on May 9, 2015.
