Nirmala Sitharaman,Finance Minister
Citing data on the 11th anniversaries of the Jan Suraksha Schemes, Finance Minister Nirmala Sitharaman said that over 27 crore, 58 crore and 9 crore enrolments have been done under PMJJBY, PMSBY and APY, respectively.
New Delhi:Jansuraksha schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana and Pradhan Mantri Suraksha Bima Yojana have settled claims of about Rs 25,160 crore since their launch in 2015, Finance Minister Nirmala Sitharaman said on Saturday.
Jan Suraksha schemes Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY) envisioned to extend affordable financial protection to all, particularly the under-served and vulnerable sections of society, were launched by Prime Minister Narendra Modi on May 9, 2015.
These flagship schemes, which completed 11 years, aim to broaden the insurance and pension landscape by shielding citizens against life’s uncertainties and fostering long-term financial resilience.
Citing data on the 11th anniversaries of the Jan Suraksha Schemes, Sitharaman said that over 27 crore, 58 crore and 9 crore enrolments have been done under PMJJBY, PMSBY and APY, respectively.
On PMJJBY, she said the scheme has settled claims worth more than Rs 21,500 crore for over 10.7 lakh families.
Under PMSBY scheme, Sitharaman said it has settled claims worth nearly Rs 3,660 crore for over 1.84 lakh families.
“As we mark the 11th anniversary of the Jan Suraksha schemes, heartfelt appreciation for all the stakeholders, including field functionaries of banks and insurance companies, whose dedicated efforts have made these schemes a huge success,” she said.
Speaking on the ocassion, Minister of State for Finance Pankaj Chaudhary said the launch of the online Jan Suraksha Portal has made it possible for citizens to enrol conveniently without visiting bank branches or post offices, and the digitising the claims process has ensured faster settlements, enabling timely support to bereaved families when they need it the most.
“As we celebrate the 11th anniversaries of the three-social security (Jan Suraksha) schemes — PMJJBY, PMSBY and APY, let us recount how these schemes have enabled affordable insurance and security to people (Jan Suraksha), their achievements and salient features,” he said.