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माननीय प्रधानमंत्री ने राष्ट्र की स्वतंत्रता के 75 वर्ष पूर्ण हो जाने पर वर्ष 2022 तक सभी के लिए आवास की परिकल्पना की है। इस उद्येश्य की प्राप्ति के लिए केन्द्र सरकार ने एंक व्यापक मिशन "2022 तक सबके लिए आवास" शुरू किया है। 25 जून 2015 को प्रधानमंत्री श्री नरेन्द्र मोदी ने इस बहुप्रतीक्षित योजना को प्रधानमंत्री आवास योजना के नाम से प्रारम्भ किया है।
Hon’ble Prime Minister envisioned housing for All by 2022 when the Nation completes 75 years of its Independence. In order to achieve this objective, Central Government has launched a comprehensive mission “Housing for All by 2022”. This much awaited scheme has been launched by the Prime Minister of India, Sh. Narendra Modi on 25th June, 2015 as Pradhan Mantri Awas Yojana.


Social Security Schemes : Starred Question in Loksabha

Starred Question in Loksabha on Social Security Schemes

whether the Government has launched social security schemes, namely Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY); and more question as mentioned below :

STARRED QUESTION NO: 160                 ANSWERED ON: 25.11.2016

Social Security Schemes


Will the Minister of FINANCE be pleased to state:-

(a) whether the Government has launched social security schemes, namely Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY); 

(b) if so, the details thereof along with the number of persons enrolled in these schemes, availed benefits, targets fixed and achieved since their launch, number of claims made and settled, Scheme/State UTwise; 

(c) whether these schemes including PMJJBY has been largely unsuccessful in the first year and the underwriters incurred losses; 

(d) if so, the details thereof and the reasons therefor; 

(e) whether these schemes are drawing private insurers also and if so, the details thereof; and 

(f) the corrective steps proposed to be taken in this regard?


(a) to (f): A Statement is laid on the Table of the House.


(a): Yes, Madam.

(b) to (f): PMJJBY offers a renewable one year life cover of Rs 2 lakh to subscribing bank account holders in the age group of 18-50 years, covering death due to any reason, for a premium of Rs 330 per annum per subscriber. The scheme is offered / administered through Life Insurance Corportaion of India and other private life insurance companies listed at Annexure-2 in tie-up with scheduled commercial banks / Regional Rural Banks / Cooperative Banks concerned. 

PMSBY, on the other hand offers a renewable one year personal accidental death-cum-disability cover to subscribing bank account holders in the age group of 18-70 years for a premium of Rs 12 per annum per subscriber. The scheme is offered/administered through Public Sector General Insurance Companies (PSGICs) and other private general insurance companies listed at Annexure-2 in tie-up with scheduled commercial banks / Regional Rural Banks / Cooperative Banks concerned. In this scheme Rs. 2 Lakh is payable on death or permanent total disability and Rs. 1 Lakh on permanent partial disability.
Atal Pension Yojana: Under the APY, the subscribers are to receive a fixed minimum pension of Rs. 1000 per month, Rs. 2000 per months, Rs. 3000 per month, Rs. 4000 per month, Rs. 5000 per month, at the age of 60 years, depending on their contributions, which would be based on the age of joining the APY. Therefore, the benefit of minimum pension would be guaranteed by the Government. APY is open to all account holders in the age group of 18 to 40 years. The central Government would also co-contribute 50% of the total contribution or Rs. 1000 per annum, whichever is lower, to each eligible subscriber, for a period of 5 years, i.e., from financial Year 2015-16 to 2019-20, who have joined the APY before 31st March, 2016 and who are not members of any statutory social security scheme and who are not income tax payers. In case of premature death of Subscriber (death before 60 years of age), spouse of the subscriber has been given an option to continue contributing to APY account of the subscriber, for the remaining vesting period, till the original subscriber would have attained the age 60 years. In case of death of both subscriber and spouse, then the entire pension corpus would be returned to the nominee. If the accumulated corpus based on contributions earns a lower than estimated return on investment and is inadequate to provide the minimum guaranteed pension, the Central Government would fund such inadequacy. Alternatively, if the actual returns during the accumulation phase are higher than the assumed returns for minimum guaranteed pension, such excess will be passed on to the subscriber.

The cumulative gross enrolment under PMJJBY, PMSBY and APY schemes as reported by banks as on 31.10.2016 is 13.18 crore. The State-wise gross enrolment data is given in Annexure-1. The total number of claims reported up to 31.10.2016 under PMSBY and PMJJBY are 9,262 and 46,490 respectively and out of which 6,387 and 42,229 number of claims have been disbursed under PMSBY and PMJJBY respectively. The benefits of minimum guaranteed pension under Atal Pension Yojna (APY) will commence once the subscribers attain the age of 60 years. 

The schemes have broadly provided affordable social protection to large number of citizens, especially to the poor and the under privileged. For the period up to 31.05.2016, the incurred claim ratio for PMJJBY compares favorably with the industry average.

The public response to these schemes has been good. The details of enrolment is as under: 

PMSBY as on 31.05.2016 PMJJBY as on 31.05.2016
Total No. of persons enrolled 9.43 crore 2.96 crore

The details of insurance companies which are implementing PMSBY and PMJJBY schemes are given in Annexure-2.


Annexure-1 referred to in reply to Lok Sabha Starred Question Number *160 for 25.11.2016
State-Wise Enrolment as on 31.10.2016
01 JAMMU & KASHMIR 528758 234846 25157
02 HIMACHAL PRADESH 727607 224050 33860
03 PUNJAB 3075566 536989 125269
04 UTTARAKHAND 1116453 45486 23951
05 HARYANA 2480164 298128 85161
06 RAJASTHAN 4070841 723214 193733
07 UTTAR PRADESH 10005673 944771 425240
08 BIHAR 4118957 1091019 405618
09 SIKKIM 41233 2830839 5943
10 ARUNACHAL PRADESH 47770 1100864 3712
11 NAGALAND 43404 22756 15177
12 MANIPUR 77863 29861 6076
13 MIZORAM 63630 17628 6162
14 TRIPURA 288630 26613 6589
15 MEGHALAYA 56194 36097 7155
16 ASSAM 1412556 76790 54550
17 WEST BENGAL 5105440 28766 214406
18 JHARKHAND 1572833 505381 74805
19 ORISSA 3193770 1123452 147756
20 CHHATTISGARH 4576749 390308 49592
21 MADHYA PRADESH 7105208 756343 179249
22 GUJARAT 4441455 901486 194530
23 MAHARASHTRA 7469127 1762073 314302
24 ANDHRA PRADESH 7197174 1901210 268260
25 KARNATAKA 5852698 9238 259823
26 GOA 220393 8268 9846
27 KERALA 3487279 3232543 75222
28 TAMIL NADU 6367681 1419812 259513
29 TELANGANA 5534307 2663588 98366
30 CHANDIGARH 163186 106386 7051
31 NCT OF DELHI 2986774 1092 71197
32 DAMAN & DIU 17594 737139 5241
33 DADRA & NAGAR HAVELI 17998 2205201 3687
34 LAKSHADWEEP 5521 57304 1425
35 PUDUCHERRY 158813 11425 6691
36 ANDAMAN & NICOBAR ISLANDS 23143 1626319 1500
37 NON-CBS cases reported by Banks 3873751 2964918 187
Total 97526192 30652201 3666002
Grand Total (PMSBY+PMJJBY+APY) = 131844395
# Figures as reported by Banks 

Annexure-2 referred to in reply to Lok Sabha Starred Question Number *160 for 25.11.2016
Sl. No. Names of Insurance companies implementing PMSBY  Names of Insurance companies implementing PMJJBY

1 ICICI Lombard General Insurance Co. Ltd. SBI Life Insurance Co. Ltd.
2 Reliance General Insurance Co. Ltd. Star Union Dai-ichi Life Insurance Co. Ltd.
3 Tata AIG General Insurance Company Limited India First Life Insurance Company Limited
4 Cholamandalam MS ICICI Prudential Life Insurance Co. Ltd. 
5 Universal Sompo General Insurance Co Ltd. Max Life Insurance company Ltd.
6 Bajaj Allianz General Insurance Co. Ltd. Shriram Life Insurance Co. Ltd.
7 Future Generali India Insurance Company Ltd. HDFC Life Insurance Company Ltd.
8 United India Insurance Co. Ltd. Tata AIA Life Insurance Co. Ltd.
9 National Insurance Co. Ltd. Birla Sun Life Insurance Co. Ltd.
10 Oriental Insurance Co. Ltd. Life Insurance Corporation of India 
11 New India Assurance Company Ltd.

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