Tuesday February 19, 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

Modi Inaugurates Patna Metro Rail Project Through Video Conferencing

The Patna Metro Rail project will cost about Rs 13,365.77 crore. It comprises two corridors of a total length 31.39 km.

0
narendra modi, patna metro
Modi also opened the city's gas distribution at Patna and the Patna River Front Development's first phase. Pixabay

Prime Minister Narendra Modi on Sunday laid the foundation of the much-awaited Patna Metro Rail through video conferencing from Begusarai in Bihar.

Modi also opened the city’s gas distribution at Patna and the Patna River Front Development’s first phase.

The Prime Minister then launched the expansion work of Barauni’s oil refinery which would be increased to 9 million tonnes and other projects estimated to cost Rs 33,000 crore.

The Patna Metro Rail project will cost about Rs 13,365.77 crore. It comprises two corridors of a total length 31.39 km.

Narendra Modi, Patna metro
The project is expected to be completed in five years from the date of commencement. Wikimedia

In the first phase, a 33.1-km-long track having two corridors — east-west and north-south — will come up in Patna.

The west-east corridor would run between Danapur and Patna railway station via Dakbungalow Square while the south-north corridor would run between the Inter-State Bus Terminal and Gandhi Maidan via Rajendra Nagar and Ashok Rajpath.

ALSO READ: Rupee Depreciation Against Dollar Leads to Sharp Rise in Crude Prices

The project is expected to be completed in five years from the date of commencement.

Earlier, Modi flew into Patna and was welcomed by Governor Lalji Tandon and Chief Minister Nitish Kumar. All of them then took a helicopter to Begusarai, 130 km from Patna. (IANS)