PM Suraksha Bima Yojana sees 443% surge in enrolments
ANI
09 May 2025, 12:39 GMT+10
New Delhi [India], May 9 (ANI): The Ministry of Finance on Friday said the Prime Minister Suraksha Bima Yojana witnessed a rise of 443 per cent in its customer base from March 2016 to April 2025.'Ensure financial stability for your loved ones with PM Suraksha Bima Yojana! Cumulative enrolments under PMSBY have risen by 443%, from 9.40 Cr in March 2016 to 51.06 Cr in April 2025. Affordable security at just Rs20 per year! #10YearsofJansurakshaSchemes #10YearsofPMSBY,' the Ministry of Finance said in a post on the social media site 'X'.The scheme saw enrolments climb to 15.47 crore by March 2019, 28.19 crore in March 2022, and 50.78 crore in March 2025, culminating in the current tally of 51.06 crore by April 23, 2025.PMSBY is a government-backed accident insurance scheme in India that provides financial protection in case of death or disability to the subscriber due to an accident. The plan offers a sum assured of Rs 2 lakh at a nominal premium of Rs 20 per year.The scheme is available to all those in the age group of 18 to 70 years, with a bank or post office account. The eligible candidates have to give their consent to enable auto debit of the premium from their bank account. With automatic debits, the permission of the account holder is given to the firm, which can then debit funds from the person's bank account.The government also has several other social benefits schemes similar to this one, which includes the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) provides an annual health cover of Rs. 5 lakh per eligible family for secondary and tertiary care hospitalization. It is a completely cashless and paperless scheme.Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) pension scheme, launched in 2019, aims to offer old-age protections. It provides a monthly pension of Rs 3,000 after attaining the age of 60 years to the eligible candidates.The government had also launched an e-Shram portal last year, with an objective to create a National Database of unorganised workers. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
18 minutes ago
- Time of India
Flatted factory in Gr Noida to boost MSME sector
Lucknow: In a significant move to boost Uttar Pradesh's MSME sector and strengthen push towards becoming a trillion-dollar economy, the Yogi Adityanath govt is set to construct a state-of-the-art flatted factory in Greater Noida. "The initiative is part of the broader vision to transform the state into a leading industrial hub, with a strong focus on supporting MSMEs alongside heavy industries," a govt spokesperson said. Yamuna Expressway Industrial Development Authority (YEIDA) has drawn up a detailed plan for the flatted factory complex. The factory will be developed in Sector 28 of Greater Noida, Gautam Budh Nagar, with a total investment of Rs 125 crore. Preparatory work, including the master plan and related reports, is currently underway, with construction expected to be completed within 24 months. This project is aimed at accelerating the growth of MSME sector by offering state-of-the-art infrastructure to small businesses within a shared complex. The flatted factory will provide fully equipped units with all essential facilities, enabling production and operations. The proposed complex is expected to play a crucial role in attracting new investments to the region, driving local economic development, and generating employment opportunities, particularly for youth. The project will be built under the engineering, procurement, and construction (EPC) model and is expected to be completed within 24 months.
Time of India
33 minutes ago
- Time of India
If strictly veg, why order from eatery that also serves non-veg: Consumer panel
MUMBAI: Questioning why they chose to order from a restaurant that also offered non-vegetarian options instead of an exclusively vegetarian establishment if they were strictly vegetarian and believed consuming meat would hurt their religious sentiments, a consumer commission has dismissed a complaint filed by two Dadar residents who sought Rs 6 lakh in compensation from a fast food chain that served them chicken momos in Dec 2020. "[That] a prudent person would be able to distinguish between veg and non-veg food before consuming it seems reasonable," the commission said. The complainants, Gargi Joshi and Jitesh Mundhwa, had claimed that they had specifically asked for vegetarian options twice when placing an order for a momo and soft drink combination meal for Rs 120 at Wow Momos Foods Private Ltd's Sion outlet, but the commission said the complainants failed to substantiate this claim, noting that the invoice indicated a non-vegetarian order. It said the photos of the dish provided by the complainants did not clearly show whether it was non-vegetarian. On the complainants' claim that a display board near the eatery did not explicitly state that meat could be part of the combo meal, the commission comprising president Pradeep G Kadu and member Gauri M Kapse pointed out that it did mention "veg or non-veg" at the bottom. It also found no evidence for the claim that Joshi and Mundhwa's plan to perform puja or religious ceremonies was thwarted by the consumption of meat. "...they have [not] disclosed the names of any pujari or pandit who allegedly performed the puja... They have failed to disclose even the nature, name, date and place of the puja or religious ceremonies," it said. The Dadar residents had said after being served the wrong food, they contacted the company's head office in Kolkata and spoke to the director, who connected them to the Mumbai management. An employee representing the Mumbai management apologised to them and offered to meet them to resolve the matter, but no settlement was reached during a meeting, they said. In their complaint filed before the consumer panel in 2021, Joshi and Mundhwa provided copies of the bill, photographs of the display board and legal notices. The company said the complainants suppressed facts and that they themselves had ordered non-vegetarian items, as shown by the invoice. Arguing that they were not "consumers" under Consumer Protection Act, 2019, as they had received a refund, the company said it had clearly displayed vegetarian and non-vegetarian options and has a complaint book and email ID available, which the complainants did not use. It also denied employing the server who the complainants said had taken their order, adding that the person was physically abused by the complainants. The company said it had refunded the complainants' money because they had created "unnecessary nuisance". Despite their behaviour, it said, the complainants were also offered a gift voucher worth Rs 1,200 as a goodwill gesture, but they demanded Rs 3 lakh each.
Time of India
an hour ago
- Time of India
Maharashtra IT department emerges as primary cloud service provider for govt departments
Pune: Maharashtra's Information Technology Corporation Ltd (MahaIT) has become the main cloud service provider for govt departments. Senior state IT officials confirmed that several departments have already began migrating their data to MahaIT's cloud platform, marking a strategic shift in the state's data management approach. Tired of too many ads? go ad free now "It is a win-win situation — departments gain peace of mind regarding data safety and security, while we strengthen our capabilities in cloud services," said an official. The move has come in the aftermath of a major controversy earlier this year when MahaIT filed a criminal complaint against a private cloud vendor and its directors over alleged extortion and threats to delete sensitive govt data. The FIR accused the firm of breaching contract terms and blocking access to services for eight departments after invoicing for undelivered services. The matter escalated to Bombay High Court, which directed affected departments to transfer their data to MahaIT's cloud. Launched under Maharashtra's 2018 public cloud policy — the first of its kind in India — the state mandated all govt departments to store data on cloud platforms, opening a Rs 200 crore opportunity for cloud service providers. However, concerns over security and vendor reliability have since prompted a greater push for in-house cloud solutions. Currently, MahaIT is in discussion with multiple departments to broaden cloud adoption on its platform, aiming to consolidate govt data under a single, secure service provider. Many departments, such as the state registration department, the agriculture department, and many others, have shifted to cloud. "There are several departments that are already using cloud services. We will reach out to all departments and put across our services,'' an IT official added.
