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'Centre's schemes new milestone in social security'

Last Updated 09 May 2015, 16:57 IST

Union Law Minister D V Sadananda Gowda has said the dream schemes of the Centre - Pradhna Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana would create a new milestone in social security in India.

After inaugurating the schemes for Dakshina Kannada district here on Saturday, he said these schemes are historical because of many reasons. Here there is no need on income certificate or medical certificate. During the launch of Pradhan Mantri Jan Dhan Yojna many were making fun of it. But, within six months around 13 crore bank accounts have been opened.

Bankers’ role
First time in the independent India bankers went to the doorsteps of people. Now, those accounts would be helpful to implement these three schemes. The government is confident that bankers will work to cover all citizens of India under the schemes. They are crucial in reaching government schemes to public, he said.

The minister claimed that NDA government was never against common man or corporate-friendly. The government has brought financial discipline in the country and the GDP growth has been improved. The government has given prominence to transparency and professionalism in administration, investment and improvement and corruption-free governance.

MP Nalin Kumar Kateel said the dream ‘Ramaraajya’ of Mahatma Gandhi has become a reality with three schemes which would give social security to every individual. Than giving anything free, it is better to teach how to fill confidence among poor to lead life.

Under the governance of PM Narendra Modi, world is looking at India and India is moving towards self-sufficiency, he said.

Live telecast of Inauguration of three schemes by Prime Minister Narendra Modi was screened from Kolkata. The programmes were organised at 115 cities of the country including four in Karnataka.

Around 11 banks and insurance companies had opened stalls. MLC Capt Ganesh Karnik, DC A B Ibrahim, Corporation Bank Executive Director B K Srivasthav, UCO Bank Chairman Arun Kaul, ZP CEO Sreevidya, MCC Commissioner Hephsiba Rani Korlapati were present.

What are the schemes?

Pradhna Mantri Suraksha Bima Yojana provides accident insurance upto Rs 2 lakh for the premium of Rs 12 per annum (Rs 1/ month). Pradhan Mantri Jeevan Jyoti Bima Yojana provides life insurance of Rs 2 lakh for the annual premium of Rs 330.

Atal Pension Yojana helps to people from unorganised sector to get pension upto Rs 5,000 upon completion of 60 years.

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(Published 09 May 2015, 16:57 IST)

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