09-May; Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana completed eight years today. These schemes are playing an instrumental role in providing social security net and affordable insurance to the people.These three schemes were launched by Prime Minister Narendra Modi on this day in 2015 from Kolkata in West Bengal.The government had launched two insurance schemes Pradhan Mantri Suraksha Bima Yojana and Pradhan Mantri Jeevan Jyoti Bima Yojana to make the people belonging from unorganised sections financially secure. The government also introduced Atal Pension Yojana to cover the exigencies in the old age.Pradhan Mantri Jeevan Jyoti Bima Yojana is a one-year life insurance scheme renewable from year to year offering coverage for death due to any reason. The scheme provides life cover of two lakh rupees in case of death due to any reason against a premium of 436 rupees per annum.
