Latest news with #PradhanMantriJeevanJyotiBimaYojana
Hans India
03-07-2025
- General
- Hans India
Claim amount under PMSBY and PMJJBY distributed
Kurnool: In a significant initiative to support the families of policyholders, the claim amounts under Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) were distributed to the beneficiaries at a programme at Union Bank of India near new RTC bus stand here on Wednesday. Regional Head P Narasimha Rao and Branch Manager R Rajani handed over the claim cheques to the families of the insured individuals -K Paramesh and Geetha Mahalakshmi. P Narasimha Rao emphasised the importance of such social security schemes and assured continued support to all eligible policyholders and their families.
The Hindu
02-07-2025
- Business
- The Hindu
Bhupendra Patel launches Jan Suraksha Santrupti Abhiyan in Gandhinagar
Gujarat Chief Minister Bhupendra Patel launched the Jan Suraksha Santrupti Abhiyan in Gandhinagar on Monday (June 30, 2025). Finance Minister Kanubhai Desai was present at the event. The campaign will be held across the country from July 1 to September 30. It aims to identify eligible citizens who have not yet received benefits under government welfare schemes and to deliver those benefits to them. The schemes covered include Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, Atal Pension Yojana, and Jan Dhan Yojana. The campaign also includes updating KYC for Jan Dhan accounts, opening new accounts and creating awareness about digital fraud. At the event, the Chief Minister gave cheques of ₹2 lakh each to three beneficiaries under the Pradhan Mantri Suraksha Bima Yojana and handed over a Jan Dhan passbook to one account holder. He said that it is the responsibility of officials to ensure that the benefits of these schemes reach those who are eligible. He also said that the State must contribute to the larger goal of achieving complete coverage under these schemes. District collectors, development officers, officials from urban bodies, and banks have been asked to prepare district-level action plans to meet the targets set under the campaign. Finance Department Principal Secretary T. Natarajan gave a brief on the campaign's structure and current figures. He said 1.93 crore Jan Dhan accounts have been opened in Gujarat, with ₹21,409 crore transferred through Direct Benefit Transfers. He said around 90 lakh people are covered under the Pradhan Mantri Jeevan Jyoti Bima Yojana, and 1.92 crore under the Pradhan Mantri Suraksha Bima Yojana. District officials, bankers and villagers from Pundrasan joined the event through video conference. Chief Secretary Pankaj Joshi, Additional Chief Secretary to the Chief Minister Avantika Singh, Secretary (Economic Affairs) Arti Kanwar, CM's Secretary Dr. Vikrant Pandey, and Bank of Baroda officials were also present.
India Gazette
01-07-2025
- Politics
- India Gazette
Gujarat: CM launches Jan Suraksha Santrupti Abhiyan from Gandhinagar
Gandhinagar (Gujarat)[India], July 1 (ANI): Gujarat Chief Minister Bhupendra Patel, while launching the statewide Jan Suraksha Santrupti Abhiyan on Tuesday, said that Prime Minister Narendra Modi has consistently placed the common citizen at the heart of all welfare initiatives. According to the Gujarat CMO, the government is committed to ensuring that no eligible individual is left out of the benefits of social security schemes under the Prime Minister's leadership. Patel further stressed that the administration is actively identifying and reaching out to underserved beneficiaries at their doorsteps to extend the full range of socio-economic entitlements. Inspired by Prime Minister Narendra Modi's citizen-welfare-oriented approach, Jan Suraksha Santrupti Abhiyan, which commenced nationwide, was launched by Chief Minister Bhupendra Patel from Gandhinagar, in the presence of Finance Minister Shri Kanubhai Desai. Jan Suraksha Santrupti Abhiyan, which will run from July 1 to September 30, aims to ensure that all eligible citizens receive the benefits of key social security schemes, promoting a safe and dignified life. At the launch event, Chief Minister Bhupendra Patel distributed Rs 2 lakh cheques to three beneficiaries under the Pradhan Mantri Suraksha Bima Yojana and handed over a Jan Dhan Yojana passbook to another beneficiary. He stated that it is the state's social responsibility to make sure the benefits of the government's welfare schemes reach the underprivileged who remain deprived. He further emphasised the need to contribute to the socio-economic upliftment of such individuals and to bring the last person in the line into the mainstream of development, describing it as a noble opportunity to serve and uplift. CM Patel urged everyone to help fulfil Prime Minister Narendra Modi's vision of a Viksit Bharat by ensuring that welfare benefits reach the needy and the last person, contributing to a Viksit Gujarat. The Chief Minister directed district collectors, DDOs, urban authorities, and bank officials to prepare district action plans to achieve the saturation targets of welfare schemes under Jan Suraksha Santrupti Abhiyan. The Finance Department's Principal Secretary, T Natarajan, outlined the campaign's objective and shared key data on financial inclusion schemes in Gujarat. He stated that the campaign would cover schemes such as Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana, Atal Pension Yojana, KYC updates for Jan Dhan accounts, opening new accounts for non-financially active adults, and raising awareness about digital fraud prevention. He informed that Gujarat has opened 1.93 crore Jan Dhan accounts, through which Rs 21,409 crore in DBT benefits have been transferred. Around 90 lakh beneficiaries are covered under PM Jeevan Jyoti Bima Yojana, and 1.92 crore under PM Suraksha Bima Yojana. At the campaign launch, district collectors, DDOs, lead bankers, and villagers from Pundrasan (Gandhinagar) joined via video conference.(ANI)
India Today
30-06-2025
- Business
- India Today
How a quiet revolution has given a safety net to 94 crore Indians
In a nation as vast and diverse as India, ensuring social and financial security for its 1.4 billion citizens is a monumental task. Yet, over the past decade, a transformative wave of reforms has silently reshaped the lives of 94.3 crore Indians, providing them with a safety net through one scheme or the other. Social security coverage in India expanded from 19% of its population in 2015 to 64.3% in has recorded a 45-percentage point jump in social security coverage over 10 years, an unprecedented rise acknowledged by the ILO. This makes it the second-largest in the world after China in terms of number of to a June 27 statement by the Press Information Bureau (PIB), the "quiet revolution" has unfolded without fanfare, driven by initiatives like the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and others schemes prioritising inclusion, affordability, and accessibility. Reacting to the milestone, Prime Minister Narendra Modi said, "Presently, most of the populace in India is taking advantage of one social protection benefit or the other and recently a very important report by the International Labour Organisation has come out. It has been mentioned in this report that more than 64% of the population of India is now definitely availing some sort of social protection benefit or the other".advertisement"This is also a great picture of social justice. These successes have instilled a belief that the coming times will be even better; India will become even stronger at every step," Modi said in his recent Mann Ki Baat TOOLS THAT MADE SOCIAL SECURITY REVOLUTION POSSIBLEThe cornerstone of the "quiet revolution" lies in the focus on financial inclusion, particularly for the most vulnerable Indians, says the press release. The Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), which offers life insurance of Rs 2 lakh for an annual premium of just Rs 330, has made security net accessible to low-income scale of the financial security transformation is PIB press release notes that 55.64 crore Jan Dhan accounts have been opened, providing banking access to the unbanked, particularly in rural accounts, coupled with 142 crore Aadhaar cards, have streamlined direct benefit transfers (DBTs), saving Rs 3.48 lakh crore by eliminating intermediaries and leakages. This digital infrastructure has been crucial in ensuring that subsidies and benefits reach intended recipients critical aspect of the "quiet revolution" is its focus on the unorganised sector, which employs nearly 90% of India's workforce. The e-Shram portal, with 30.91 crore registered workers, provides a digital identity to unorganised labourers. It grants them access to social security benefits like insurance and pensions. This initiative also addresses a long-standing gap in labour welfare, ensuring that daily-wage workers, street vendors, and others have a safety THE MARGINALISED INTO SECURITY NETadvertisementThe PIB release underscores that these efforts align with India's goal of inclusive growth and reduction of empowerment is also a key aim to create 3 crore "Lakhpati Didis", women earning Rs 1 lakh annually, out of 10 crore women linked to self-help groups, would further transform rural like PM Awas Yojana, providing 4 crore houses, and Ayushman Bharat, issuing 41.2 crore health cards, have further ensured housing and healthcare access, benefiting women and marginalised LEGISLATIONS CAN AID INCLUSIVE GROWTHA key enabler of this "quiet revolution" has been the simplification of India's labour the social security ecosystem was fragmented, with no coverage for unorganised workers. The Centre has consolidated 29 labour laws into four Labour Codes: the Wage Code (ensuring minimum wages), the Social Security Code 2020 (extending protection to all workers, including the unorganised sector), the Occupational Safety, Health and Working Conditions Code 2020, and the Industrial Relations reforms have streamlined compliance and extended rights-based protections, which has fostered an inclusive social security framework, the release quiet revolution, built over a decade, has silently reshaped India's welfare priorities, without fanfare, but with a lasting impact. With the coverage expanding and systems strengthening further, the focus must remain on deepening the inclusive net, ensuring that no one is left behind. The true success of the transformation lies not just in numbers, but in the quiet assurance it brings to every citizen it touches.- EndsMust Watch
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Business Standard
27-06-2025
- Business
- Business Standard
FinMin working to double the life insurance cover under the PMJJBY
As part of this revamp, a revision in premiums is also under consideration New Delhi Listen to This Article The Union finance ministry is working on a proposal to double the life insurance cover under its flagship financial inclusion insurance scheme, the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), said a senior government official. As part of this revamp, a revision in premiums is also under consideration. 'Under the proposed plan, the life insurance cover under PMJJBY, which currently provides a one-year term life cover of ₹2 lakh for individuals aged 18-50 years, may be doubled to ₹4 lakh. However, the annual premium, which is currently ₹436 per subscriber, could also be increased to ₹700–800,' the official said. The
