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The Hindu
The Hindu
National
PTI

Social security schemes safeguard underprivileged from financial vulnerability: FM

Nirmala Sitharaman PMSBY Social Security APY

Finance Minister Nirmala Sitharaman on May 9 said three social security schemes, including PMJJBY and PMSBY, aim to provide essential financial services to citizens especially underprivileged and safeguard them against unforeseen risks, losses, and financial uncertainties. 

Three social security (Jan Suraksha) schemes, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY), were launched on May 9, 2015. 

The three schemes are dedicated to the welfare of the citizens, recognising the need for securing human life from unforeseen eventualisation and financial uncertainties. 

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