The Centre’s flagship social security schemes — Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY) — have completed 11 years of providing insurance and pension coverage across India.
The Ministry of Finance said the schemes were launched to provide affordable financial protection, especially to underserved and vulnerable sections of society, while strengthening long-term financial security.
Union Finance Minister Nirmala Sitharaman said Prime Minister Narendra Modi launched the Jan Suraksha schemes to ensure low-cost insurance and pension benefits for citizens.
According to the government, PMJJBY has crossed over 27 crore enrolments, PMSBY has recorded more than 58 crore enrolments, while APY has crossed 9 crore subscribers.
The Finance Minister said claims worth over ₹21,500 crore have been settled for more than 10.7 lakh families under PMJJBY. Under PMSBY, claims worth nearly ₹3,660 crore have been settled for over 1.84 lakh families.
Sitharaman appreciated banks, insurance companies and field-level functionaries for expanding the reach of the schemes over the past decade.
Minister of State for Finance Pankaj Chaudhary said the schemes were designed to provide insurance and pension support to economically weaker sections.
He added that digitisation and simplified enrolment have played a key role in improving accessibility. The government highlighted that the online Jan Suraksha Portal now allows citizens to enrol without visiting bank branches or post offices.
