Jan Suraksha Schemes Settle Over Rs 25,160 Crore in Claims Since 2015 Launch Finance Minister Nirmala Sitharaman announced on Saturday that the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), and Atal Pension Yojana (APY) have collectively settled claims worth Rs 25,160 crore since their launch in 2015. The schemes, part of the Jan Suraksha initiative, were introduced by Prime Minister Narendra Modi on May 9, 2015, to provide affordable financial protection to underprivileged and vulnerable sections of society. Marking their 11th anniversary, the schemes have been praised for their role in expanding insurance and pension coverage across India. Sitharaman highlighted that PMJJBY has settled claims exceeding Rs 21,500 crore for over 10.7 lakh families, while PMSBY has settled claims worth nearly Rs 3,660 crore for more than 1.84 lakh families. She emphasized the importance of the schemes in shielding citizens from life’s uncertainties and fostering long-term financial resilience. The data revealed that PMJJBY has recorded 27 crore enrollments, PMSBY 58 crore, and APY 9 crore since their inception. Minister of State for Finance Pankaj Chaudhary noted that the launch of the online Jan Suraksha Portal has simplified enrollment for citizens, eliminating the need to visit bank branches or post offices. He also highlighted the digitization of the claims process, which has expedited settlements and ensured timely support for bereaved families. Chaudhary reiterated the significance of the schemes in providing affordable insurance and security, underscoring their achievements over the past decade. As of April 29, 2026, the schemes have recorded significant female enrollments.#prime_minister_narendra_modi #finance_minister_nirmala_sitharaman #atal_pension_yojana #pradhan_mantri_suraksha_bima_yojana #pradhan_mantri_jeevan_jyoti_bima_yojana
PMSBY, PMJJBY, and APY Complete 11 Years of Social Security Coverage The Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), and Atal Pension Yojana (APY) have completed 11 years of providing social security benefits to citizens across India. The Ministry of Finance highlighted these schemes as initiatives designed to offer affordable financial protection, particularly to underserved and vulnerable groups. The programs aim to expand insurance and pension coverage, shielding citizens against life’s uncertainties and promoting long-term financial resilience. Union Finance Minister Nirmala Sitharaman stated that Prime Minister Narendra Modi launched the Jan Suraksha schemes, which include PMJJBY, PMSBY, and APY, to deliver low-cost insurance and pension benefits. She reported that over 27 crore individuals have enrolled in PMJJBY, 58 crore in PMSBY, and 9 crore in APY. Under PMJJBY, more than 10.7 lakh families have received claims totaling over 21,500 crore rupees. Similarly, PMSBY has settled claims worth nearly 3,660 crore rupees for over 1.84 lakh families. Sitharaman acknowledged the efforts of stakeholders, including banks and insurance companies, in making these schemes successful. Minister of State for Finance Pankaj Chaudhary emphasized the schemes’ focus on reaching the poorest segments of society. He noted that digitization and simplification of enrollment and claims processes have been central to their design. The launch of the online Jan Suraksha Portal has enabled citizens to enroll without visiting physical branches or post offices. Chaudhary also highlighted how digitizing the claims process ensures faster settlements, providing timely support to families facing loss.#pankaj_chaudhary #nirmala_sitharaman #atal_pension_yojana #pradhan_mantri_suraksha_bima_yojana #pradhan_mantri_jeevan_jyoti_bima_yojana
