5th_APRIL 1ST_2015

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NATIONAL AGENDA Jan-Suraksha schemes of NDA govt will create a Universal Social Security Net Recognising the fact that a large number of people have continued to remain deprived of any kind of insurance coverage be it for health, accidents or life the Government is making efforts to create a universal social security system for all Indians, specially the poor and the underprivileged. The Union Budget 2015- 16, has proposed, three Social Security Schemes, Pradhan Mantri S u r a k s h a B i m a Y o j n a , A t a l PensionYojana and Pradhan Mantri Jeevan Jyoti Bima Yojana. These three social security schemes, on Jan Dhan platform, is to protect an Indian citizen against illness and accidents. Pradhan Mantri Jeevan Jyoti Bima Yojna (PMJJBY) seeks to benefit people in case of death for any reason. It is available to people in the age group of 18 to 50, having a bank account. People who join the scheme before completing the age of 50, can continue to have the risk of The Union Budget 2015-16, has proposed, three Social Security Schemes, Pradhan Mantri Suraksha BimaYojna, Atal PensionYojana and Pradhan Mantri Jeevan Jyoti Bima Yojana. These three social security schemes, on Jan Dhan platform, is to protect an Indian citizen against illness and accidents. Pradhan Mantri Suraksha Bima Yojana (PMSBY) seeks to ensure risk coverage in case of accidental death, full or partial disability. The insured amount for accidental death and full disability is Rs 2 lakh and it is Rs 1 lakh for partial disability. It has an annual premium of Rs 12 only, which will be directly auto- debited by the bank from the subscriber's account. People between the age of 18 and 70 years, having an Aadhar linked bank account, are eligible for the scheme. life cover up to the age of 55 years, subject to the payment of premium. The scheme has an annual premium of Rs 330, with a risk coverage of Rs 2 lakh. Life Insurance Corporation and other willing life insurers with a tie-up with the bank are to imple- ment the scheme. The Government of India's con- cern for old age income security for THE NATIONALIST 22
NATIONAL AGENDA the working poor, particularly in the universal social security system, unorganised sector, resulted in the especially for the poor and the creation of a new initiative in the underprivileged, the three- tier Union Budget proposals 2015-16, social security schemes, announced called, Atal Pension Yojana (APY). It in the current year budget, is defiis to encourage the uninsured work- nitely going to spread the safety net ers in the unorganised sector to of protection to people in all strata come under National Pension of life against deprivation and System (NPS), under Pension Fund uncertainties. These are the steps Regulatory and Development towards ensuring financial security Authority (PFRDA). The scheme and long term sustenance to famimeant to persuade workers in unor- lies when the earning family memganised sector, who form 88% of ber retires, dies or suffers full or total workforce, to save voluntarily partial disability. Jan Dhan Yojana for the retirement. Under the APY, was started for guaranteeing finanthe subscribers would receive the cial inclusion and now Jan Suraksha fixed pension of Rs. 1000 per (providing universal social security month, Rs. 2000 per month, Rs. net) is all about guaranteeing finan- 3000 per month, Rs. 4000 per cial security because both are premonth, Rs. 5000 per month, at the requisites for inclusive growth and age of 60 years, depending on their all round development. These social contributions, which itself would security schemes reflect the Modi vary depending on the age of joining Government's commitment to the APY. The scheme is open to all utilize the Jan Dhan platform, to bank account holders who are not ensure that no Indian citizen will members of any statutory social have to worry about illness, accisecurity scheme. The minimum age dents, or penury in old age. of joining APY is 18 years and the (SPMRF Desk) maximum is 40 years. The scheme is mainly targeted at unorganised sector workers. The Government would provide fixed pension guarantee for the subscribers, and would co-contribute 50% of the subscriber's contribution or Rs. 1000 per annum, whichever is lower, to eligible subscribers. In order to achieve the goal of THE NATIONALIST 23
Page 1 and 2: SPMRF Dr. Syama Prasad Mookerjee Re
Page 3 and 4: SPMRF Editorial Advisors : Shri Sha
Page 5 and 6: PM MODI’S VISION Our vision for I
Page 7 and 8: POLICY ANALYSIS Pradhan Mantri Kaus
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Page 11 and 12: SPECIAL ARTICLE Dr. Ambedkar - A Gr
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Page 19 and 20: NATIONAL AGENDA The acceptance of t
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Page 23: NATIONAL AGENDA · The e-auction of
Page 27 and 28: POLITICAL COMMENTARIES blocks that
Page 29 and 30: POLITICAL COMMENTARIES Extraordinar
Page 31 and 32: POLITICAL COMMENTARIES ment in the
Page 33 and 34: POLITICAL COMMENTARIES New media en
Page 35 and 36: POLITICAL COMMENTARIES any more. He
Page 37 and 38: INDIA’S WORLD OF DIPLOMACY PM Mod
Page 39 and 40: INDIA’S WORLD OF DIPLOMACY built
Page 41 and 42: INDIA@NEW INITIATIVES Ministry of H
Page 43 and 44: INDIA@POSITIVE India's Beyond Visua
Page 45 and 46: EVENT Minister for Communications a
Page 47: "If we are to live and grow as a un

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