A Decade of Social Security for the Underserved
10 Years of Jan Suraksha Schemes: Strengthening India’s Social Security Net: The Jan Suraksha Schemes — PM Jeevan Jyoti Bima Yojana, PM Suraksha Bima Yojana, and Atal Pension Yojana — have completed 10 years of service since their launch on 9th May 2015. Together, they have provided financial protection to over 82 crore citizens, mainly in the unorganised sector. Designed to offer affordable life insurance, accident cover, and pensions, these schemes symbolize the government’s vision of securing the most vulnerable.
Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
PMJJBY offers life insurance of ₹2 lakh at a nominal yearly premium of ₹436 for citizens aged 18–50. As of April 2025, over 23.63 crore people are enrolled, with ₹18,397.92 crore disbursed across nearly 9.2 lakh claims. Notably, 10.66 crore women and 7.08 crore Jan Dhan account holders have joined, showcasing deep grassroots reach.
Pradhan Mantri Suraksha Bima Yojana (PMSBY)
PMSBY covers accidental death or disability with a ₹2 lakh benefit for only ₹20 per year. It caters to individuals aged 18–70 years. By April 2025, 51.06 crore enrollments were recorded, and ₹3,121.02 crore was paid across 1.57 lakh claims, with high uptake among women and PMJDY holders.
Atal Pension Yojana (APY)
APY provides guaranteed monthly pensions of ₹1,000 to ₹5,000 to the unorganised sector upon turning 60. Open to citizens aged 18–40, APY has 7.66 crore subscribers, with nearly 47% women participation. Its flexible contributions make it a sustainable choice for old-age security.
Impact and Inclusive Growth
The Jan Suraksha Portal and digitized claims processes have made access easier, especially for rural and marginalised communities. With a total payout of ₹21,518.94 crore, these schemes have delivered real-time aid during loss and retirement, pushing India closer to universal social security coverage.
STATIC GK SNAPSHOT
10 Years of Jan Suraksha Schemes: Strengthening India’s Social Security Net:
| Scheme | PMJJBY | PMSBY | APY |
| Launch Date | 9 May 2015 | 9 May 2015 | 9 May 2015 |
| Coverage | ₹2 lakh (life insurance) | ₹2 lakh (accident), ₹1 lakh (partial) | ₹1,000–₹5,000 monthly pension after age 60 |
| Eligibility Age | 18–50 years | 18–70 years | 18–40 years |
| Premium | ₹436/year | ₹20/year | Based on pension amount |
| Total Enrolments | 23.63 crore | 51.06 crore | 7.66 crore |
| Total Claims Paid | ₹18,397.92 crore (9.2 lakh claims) | ₹3,121.02 crore (1.57 lakh claims) | Ongoing monthly pensions |
| Women Enrollees | 10.66 crore | 23.87 crore | ~47% of total |
| Linked to Jan Dhan | 7.08 crore | 17.12 crore | NA |
| Objective | Life insurance | Accident insurance | Pension for unorganised workers |
