Wednesday, May 18, 2022
  • About
  • Advertise
  • Careers
Scoftware Magazine
  • Home
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Entertainment
  • Login
No Result
View All Result
Scoftware Magazine
Home Business

7-year report card of three flagships from Modi government

Jaleel M. by Jaleel M.
May 9, 2022
in Business
0
7-year report card of three flagships from Modi government
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter


Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Atal Pension Yojana (APY) complete seven years of providing social security net to the beneficiaries on Monday 9 May, 2022

Related posts

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

10 grams of 24-carat stands at Rs 50,790; silver at Rs 61,200 per kilogram  

May 18, 2022
How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

How will you get tax benefits under new I-T rules for charitable organisations? Read on to find out

May 17, 2022

7-year report card of three flagships from Modi government

Modi-government flagship programmes – PMSBY, PMJJBY and APY complete seven years of providing social security net to the beneficiaries on Monday 9 May, 2022 – ANI

Prime Minister Narendra Modi-led Central government’s flagship life insurance scheme – Pradhan Mantri Suraksha Bima Yojana (PMSBY), accidental insurance scheme – Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and pension scheme – Atal Pension Yojana (APY) have on Monday, 9 May, completed seven years of providing social security net to the beneficiaries.

According to the latest figures by the government, till 27 April, 2022, cumulative enrolments under the PMJJBY have been more than 12.76 crore. An amount of 11 thousand 522 crore rupees has been paid for over 5 lakh 76 thousand claims.

The cumulative enrolments under the PMSBY have been over 28.37 crore and an amount of one thousand 930 crore rupees has been paid for over 97 thousand claims.

Meanwhile, in the last seven years, more than 4 crore individuals have subscribed to Atal Pension Yojana. The APY provides a subscriber aged 18-40 years with a guaranteed pension of Rs 1,000 to Rs 5,000 per month after attaining the age of 60 years, depending on the contribution.

All the three social schemes were launched by Prime Minister Narendra Modi on 9 May, 2015 in Kolkata, West Bengal.

The Government launched two insurance schemes – PMJJBY and PMSBY – in order to ensure that the people from the unorganised section of the country are financially secure. The Atal Pension Yojana was introduced to cover the exigencies in the old age.

Both PMJJBY and PMSBY provide access to low cost life or accidental insurance cover to the people. The APY provides an opportunity for saving in the present for getting a regular pension in the old age.

Insurance cover under PMJJBY and PMSBY

PMJJBY provides life insurance cover of Rs 2 lakh at Rs 330 per annum to all account holders aged between 18 and 50, and has provided claims for Rs 11,522 crore to families of 576,121 people.

The Ministry of Finance has informed that nearly 50 per cent of claims were paid out for COVID-19 deaths.

PMSBY, on the other hand, provides accident cover of Rs 2 lakh at Rs 12 per annum to account holders aged 18 to 70, about Rs 1,930 crore has been paid towards 97,227 claims in seven years. , the ministry added.

Read all the Latest News, Trending News, Cricket News, Bollywood News,
India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.





Source link

Previous Post

10 grams of 24-carat stands at Rs 51,710; silver at Rs 62,500 per kilo

Next Post

Insolvency proceedings initiated against Birla Tyres at NCLT Kolkata

Next Post
Insolvency proceedings initiated against Birla Tyres at NCLT Kolkata

Insolvency proceedings initiated against Birla Tyres at NCLT Kolkata

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Sachin Tendulkar Told Me “Enjoy The Moment And Forget Everything Else”, Ajinkya Rahane Recalls Test Debut

Sachin Tendulkar Told Me “Enjoy The Moment And Forget Everything Else”, Ajinkya Rahane Recalls Test Debut

2 years ago
JOE BONAMASSA SHARES LATEST SINGLE “COLOUR AND SHAPE”

JOE BONAMASSA SHARES LATEST SINGLE “COLOUR AND SHAPE”

2 years ago
Trump to announce new visa restrictions by today, United States News & Top Stories

Trump to announce new visa restrictions by today, United States News & Top Stories

2 years ago
Coronavirus: Real Madrid Star Marcelo “Can’t Wait” For La Liga To Start After Break

Coronavirus: Real Madrid Star Marcelo “Can’t Wait” For La Liga To Start After Break

2 years ago

FOLLOW US

  • 110 Followers
  • 29.5k Followers
  • 168k Subscribers

BROWSE BY CATEGORIES

  • Business
  • Culture
  • Entertainment
  • Lifestyle
  • Music
  • National
  • News
  • Opinion
  • Politics
  • Sports
  • Tech
  • Travel
  • World News

BROWSE BY TOPICS

2018 League Balinese Culture Bali United Budget Travel Champions League Chopper Bike Doctor Terawan Istana Negara Market Stories National Exam Visit Bali

POPULAR NEWS

  • Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    Charles B and Kamil Ghaouti Collaborate on Groovy New Track “You’re Not Mine,” featuring LauraBrown. Out on Protocol Recordings

    0 shares
    Share 0 Tweet 0
  • Kris Jenner Spills Details About Her Sex Life With Corey Gamble: Watch

    0 shares
    Share 0 Tweet 0
  • Sam Heughan & Graham McTavish Are Men in Kilts for Travel Show

    0 shares
    Share 0 Tweet 0
  • Common Saints Release New Single “Idol Eyes”

    0 shares
    Share 0 Tweet 0
  • Salted vs. Unsalted Pistachios

    0 shares
    Share 0 Tweet 0
  • About
  • Advertise
  • Careers

© 2020 Scoftware.com

No Result
View All Result
  • Home
  • Politics
  • Business
  • Culture
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2020 Scoftware.com

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Terms and Conditions - Privacy Policy