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More than a decennary aft the motorboat of the Centre’s flagship Jan Suraksha programmes, claims amounting to astir Rs 25,160 crore person been paid retired nether 2 large security schemes, with enrolments see respective crores crossed beingness cover, mishap security and pension initiatives. Finance curate Nirmala Sitharaman, marking 11 years of the Jan Suraksha schemes connected Saturday, said the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY) person emerged arsenic large pillars of affordable societal information since their motorboat by Prime Minister Narendra Modi connected May 9, 2015. The 3 schemes were introduced to grow fiscal extortion for all, with a peculiar absorption connected susceptible and underserved sections, portion besides strengthening semipermanent fiscal resilience done wider security and pension access. Sharing enrolment figures, Sitharaman said PMJJBY has crossed 27 crore registrations, PMSBY has gone beyond 58 crore, portion APY has recorded implicit 9 crore enrolments. Of the full claims settled since launch, PMJJBY accounted for much than Rs 21,500 crore, benefiting upwards of 10.7 lakh families. PMSBY, which focuses connected mishap insurance, has disbursed adjacent to Rs 3,660 crore to much than 1.84 lakh families. "As we people the 11th day of the Jan Suraksha schemes, heartfelt appreciation for each the stakeholders, including tract functionaries of banks and security companies, whose dedicated efforts person made these schemes a immense success," Sitharaman said.
Minister of State for Finance Pankaj Chaudhary highlighted the interaction of digitisation, saying the online Jan Suraksha Portal has removed the request for carnal visits to banks oregon station offices for enrolment, portion online claims processing has helped velocity up assistance. "As we observe the 11th anniversaries of the three-social information (Jan Suraksha) schemes -- PMJJBY, PMSBY and APY, fto america recount however these schemes person enabled affordable security and information to radical (Jan Suraksha), their achievements and salient features," helium said. Under PMJJBY, individuals aged 18 to 50 years tin entree beingness security screen of Rs 2 lakh for decease owed to immoderate origin by paying an yearly premium of Rs 436 done participating banks oregon station offices. Government information showed that by April 29, the strategy included 12.72 crore women subscribers and 8.09 crore PMJDY relationship holders. PMSBY, disposable for those aged 18 to 70 years, offers accidental decease and disablement security astatine Rs 20 per year.
It provides Rs 2 lakh successful lawsuit of accidental decease oregon full disability, and Rs 1 lakh for partial disability. As of April 29, 2026, pistillate enrolments stood astatine 27.45 crore, portion PMJDY-linked subscribers were astatine 19.30 crore. APY, aimed astatine securing post-retirement income for workers successful the unorganised sector, offers guaranteed monthly pensions betwixt Rs 1,000 and Rs 5,000 aft 60 years of age, depending connected the subscriber’s contribution.
Open to non-income-tax-paying slope relationship holders aged 18 to 40 years, the strategy functions nether the Pension Fund Regulatory and Development Authority done the National Pension System. The pension strategy had enrolled implicit 7.66 crore radical by April 2025, with full subscriptions rising to much than 9.04 crore by April 30, 2026. Subscribers tin opt for monthly, quarterly oregon half-yearly payments, portion successful the lawsuit of decease earlier 60, the spouse tin either proceed contributing until the archetypal status property oregon retreat the accumulated corpus.
