8 crore families brought under social security schemes: Jaitley in Gujarat
May 26, 2015
Ahmedabad
Finance Minister Arun Jaitley today said 7.5 to 8 crore families, out of the total 25 crore households in the country, have been brought under the Centre’s social security schemes launched so far.
“In the last 10-12 days, 7.5 to 8 crore families have been covered under the life insurance and accidental insurance schemes initiated by us.
“This country has 25 crore families and out of that 7.5 to 8 crore families have been already linked with these schemes,” Jaitley told reporters here.
“Poor people can not be merely helped by distributing resources in a poll year. As there is a practice in developed countries of the world, we want to provide social security to poor people,” Jaitley said.
Prime Minister Narendra Modi had recently launched accidental insurance and life insurance schemes in Kolkata to bring poor people in social security net.
“There is no social security in India. Apart from the government servants, we are not a pensioned society. Only 11 per cent families are covered under pension schemes,” Jaitley said.
“We have given a thrust on National Pension Scheme (NPS), which would be given after 60 years of age. After you, it would be given to other family members, wife or your heir.
There would have been tax-exemption,” he added.
“Now, under the Atal Pension Yojana, the weaker section of the society, who can only pay premium of Rs 150-250, and if they pay that sum also during their service period… whoever will be alive — husband or wife — will be given pension after 60 years,” Jaitley said.
PTI
Related Stories
Arun Jaitley's address at Tagore hall in Ahmedabad(Video)
In video: Arun Jaitley's media interaction in Ahmedabad, Gujarat
Baijal was harassed during UPA regime: Arun Jaitley in Gujarat
Congress allegation on social sector spend jugglery of figures: Jaitley in Gujarat
Era of tax haven has come to an end: Jaitley in Gujarat on latest Swiss move
Arun Jaitley commences development works in Karnali, Gujarat(Video)
Confident of GST's implementation by next April: Jaitley in Vadodara
Details of Rajnath, Jaitley, Amit Shah's public programmes in Gujarat
Credibility of PM's office restored by BJP: Jaitley
By Arun Jaitley: The fall of UPA’s crony capitalism – A year of reform
One year of Narendra Modi govt: Arun Jaitley likely to visit Gujarat
Recent Stories
- ACB Gujarat nabs female drug inspector in a bribe case
- Meal for Rs. 20 ; Railways open economical meal counters at Bharuch and Vadodara stations
- Virtual Traffic Court sent notices to 1.57 lakh motorists; only 9,420 paid fines
- Lok Sabha Polls: PM Modi likely to visit Gujarat on May 1-2
- Gujarat CM to visit Telangana on April 25 for Lok Sabha poll campaign
- Parimal Nathwani unveils trophy of first ever Gujarat Super League
- ACB Gujarat books PSI and his brother in bribery case