Over 75 crore people are getting the benefit of economic security schemes, majorly these three schemes

The government is running many schemes to benefit the people and make them financially secure. Crores of people are getting the benefit of these schemes. According to a recent report, more than 75 crore people are getting the benefit of these schemes. Out of the government schemes, three schemes are quite popular. Read the full news....

Sun, 15 Dec 2024 05:28 PM (IST)
Over 75 crore people are getting the benefit of economic security schemes, majorly these three schemes
Over 75 crore people are getting the benefit of economic security schemes, majorly these three schemes

The central government is introducing several schemes to provide economic and social security to the lower sections of society. In this, three schemes related to financial security include Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APS). The scope of these three schemes is continuously expanding.

According to the Ministry of Finance, at present more than 75 crore countrymen are getting the benefit of these three schemes. Let us know about these three schemes in detail.

This is an annual life insurance scheme. In this, a premium of Rs 436 has to be paid every year. Under the scheme, the family gets the help of Rs 2 lakh on the death of the beneficiary. Any person between the age of 18-50 years can enroll in this scheme. So far, 21.67 crore people have registered in this scheme. So far, Rs 17,211.50 crore has been paid against 8,60,575 claims.

It is an accident insurance scheme a Rs 20 premium has to be paid every year. Under the scheme of accident death of the benefit, the family gets RS 2 Lakh is given. In case of partial disability due to a meeting with an accident, a grant of Rs 1,00,000 is doled out. A person between the age of 18-70 years can be enrolled in the scheme through a bank or post office. So far, registered themselves in this scheme: 47.59 cr. So far, no of claims settled:1,47,641 while no of claims received:1,93,964.

It is a monthly pension scheme under which, after the age of 60 years, one to five thousand rupees pension is available. This amount of monthly pension is contribution-based on the subscriber. As of December 2, 2024, more than 7.15 crore subscribers are associated with this scheme. In the scheme, contributions can be made monthly, quarterly, and half-yearly also. In case of the death of the subscriber, his/her spouse gets a full pension. Any person above the age of 18 years shall get enrolled in the Scheme.

Muskan Kumawat Journalist & Content Writer