Saturday July 20, 2019
Home India 11 crore fami...

11 crore families enrolled in govt ‘Suraksha Bandhan’ scheme: Modi

0
//

By NewsGram Staff Writer

New Delhi: Prime Minister Narendra Modi conveyed his satisfaction over the public response to the government schemes for social security on Sunday, saying 11 crore families had so far enrolled in the recently launched ‘Suraksha Bandhan’ programme, and around half of the enrolled were women.

Photo credit: www.mapsofindia.com
Photo credit: www.mapsofindia.com

“So far, 11 crore families have joined the ‘Suraksha Bandhan’ scheme, of whom approximately half the beneficiaries are our mothers and sisters,” Modi said in his Mann ki Baat address.

“I regard this as a good augury, and many greetings to mothers and sisters on Raksha Bandhan,” he added.

As part of the celebrations on Raksha Bandhan, banks have vowed to push the social security schemes launched by the prime minister, including Suraksha Bandhan Yojana, Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Mudra Yojana.

The government this month launched a special ‘Suraksha Bandhan’ enrolment drive for its social security schemes through innovative plans like gift cheques and special deposits coinciding with the Raksha Bandhan festival, it was announced.

“The drive will reach out to the pool of eligible bank account holders who are yet to be enrolled under these schemes – namely the Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident and disability cover of up to Rs.2 lakh at an annual premium of Rs.12 and the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for a term life cover of Rs.2 lakh at an annual premium of Rs.330,” the finance ministry announced earlier this month.

Photo credit: www.mydailylifetips.com
Photo credit: www.mydailylifetips.com

The Suraksha Bandhan drive seeks to encourage people to gift social security plans to their near ones. It will be supported through the Jeevan Suraksha gift cheques to be made available for Rs.351 in bank branches to facilitate one year payment of premium for PMJJBY and PMSBY by the recipient.

The recipient of the gift cheque would deposit the instrument in the bank account for a realisable value of Rs.342 (Rs.12 + Rs.330) to cover one-year subscription to the schemes.

The balance of Rs.9 would be retained by the issuing bank as a service charge.

Banks will also provide a facility to account holders under the Suraksha Deposit Scheme and the Jeevan Suraksha Deposit Scheme aimed at enabling them to deposit Rs.201 or Rs.5,001, respectively, in their accounts either on their own initiative, or based on cash or cheques received as gifts on Raksha Bandhan for subscription to the schemes, the ministry said.

With inputs from IANS

Next Story

Prime Minister Narendra Modi to Form Committee on ‘One Nation, One Election’

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M

0
Narendra-Modi
Narendra Modi.

Prime Minister Narendra Modi in an all-party meeting on Wednesday said that a committee will be formed to look into the various issues regarding the “one nation, one election” plan.

Defence Minister Rajnath Singh told this to the media after the conclusion of the meeting which lasted for over three-and-a-half hours.

Singh said that five major agendas were discussed in the meeting, including the “one nation, one election” agenda.

modi, congress party
India’s Prime Minister Narendra Modi waves toward his supporters during an election campaign rally in New Delhi, May 8, 2019. VOA

He said that members of all the opposition parties present at the meeting supported the idea barring the CPI and CPI-M.

“Only CPI and CPI-M expressed difference of opinion, saying how it could be implemented,” the Defence Minister said.

Also Read- Mark Zuckerberg, Tim Cook, Sundar Pichai Make their Way to the Top 100 CEOs List

Over 40 parties were invited for the meeting in which 21 party chiefs participated while three expressed their inability to join the meeting citing some reasons, Singh added. (IANS)