Meaning
Definition & Objective
Jan Suraksha Scheme is a government initiative aimed at providing social security and affordable insurance coverage to all citizens, particularly those in the unorganized sector and low-income groups. Its objective is to ensure financial protection against life risks and old-age uncertainties.Key Schemes Covered
It encompasses three primary schemes: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) for life insurance, Pradhan Mantri Suraksha Bima Yojana (PMSBY) for accident insurance, and Atal Pension Yojana (APY) for old-age pension.Target Audience & Benefits
The target audience includes individuals aged 18-70, focusing on the economically weaker sections and unorganized workers. Benefits include low-cost life and accident insurance, and a guaranteed pension for retirement, fostering financial inclusion and security.Author
