Security cover given to 50 crore Indians: PM Modi

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Security cover given to 50 crore Indians: PM ModiFile Photo of PM Modi

New Delhi : At a time when social security cover has become an essential part of any job or service , Prime Minister Narendra Modi on Wednesday said that under NDA regime

social security cover has now been extended to around 50 crore people in the country which is an increase of about 10 times since 2014.

While interacting with beneficiaries of the scheme through video conferencing, Prime Minister said that

the social security schemes of the Government of India help cope with the uncertainties of life," Modi added.

He said that beneficiaries under various social security schemes in the country today stood at about 5 crore in 2014, which has now increased to 50 crore which is really commendable.

Referring to the financial inclusion programme Pradhan Mantri Jan Dhan Yojana, he said that the emphasis was on three aspects -- opening the doors of the banks for the poor, or banking the unbanked; access to capital for small business and budding entrepreneurs, or funding the unfunded; and a social security cover for the poor and vulnerable, thus financially securing the unsecured.

He further said that about 28 crore new bank accounts have been opened under the Jan Dhan scheme which is really commendable.

"I am particularly happy that today more and more women have bank accounts. It is important for women to be in the financial mainstream," he added.

He further said that his government was promoting schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana.

There are about 1 crore subscribers of the assured minimum pension scheme Atal Pension Yojana.

The government is also promoting Pradhan Mantri Vaya Vandana Yojana for citizens aged 60 years and above. About 3 lakh people have so far benefited from the scheme.

(Agencies)

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