STATE TIMES NEWS
JAMMU: Punjab National Bank (PNB) will ensure maximum coverage of social security schemes launched by Prime Minister, Narendra Modi before 31st May 2015 in its endeavour to not only attain the nation target but to surpass is considerably.
This was stated by Dr. Rain S Sangapure, Executive Director, PNB, while interacting with media persons here on Sunday.
Dr. Sangapure said that the schemes were need of the time in the country as most of the countries in the world had such schemes. He further said that through Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana, the government wanted to create social security network for the underprivileged and the weaker sections of the society. He said that these should not be propagated as schemes but to create a sense of social security in the lower and underprivileged strata.
Dr. Sangapure informed that these welfare schemes are an extension of PM’s concept of ‘Jan Dhan Se Jan Suraksha’ aimed at broadening the ambit of social security measures for one and all in the country. These schemes would be efficacious and helpful in fulfilling the socio-economic security needs of each individual of the country and is a good initiative towards providing affordable access to social protection, he added.
He further said that PNB, on behalf of Ministry of Finance, Government of India, facilitated the launching event in Jammu which was launched by Dr. Jitendra Singh, Union Minister, Prime Minister’s Office yesterday.
Dr. Sangapure urged the people to take benefit of these schemes and visit the nearest bank branch as the premiums for accidental and life insurance coverage in these schemes is Just Rs.12 and Rs.330 per annum respectively and in Atal Pension Yojana fixed monthly pension from Rs. 1000 to Rs. 5000 depending on the contributions which happens to be the lowest and affordable by a vast section of the people across the country.
