“10-Fold Increase In Social Security Cover Since 2014” Says PM Modi. Do You Agree?

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PM Narendra Modi today said, there is
PM Narendra Modi today said, there is "10-Fold Increase In Social Security Cover Since 2014. People expressed their views on Twitter! Click to see

Minister Narendra Modi today interacted with beneficiaries of the government’s social security schemes through the NaMo app. Mr. Narendra Modi today said social security cover has now been extended to around 50 crore people in the country, an increase of about 10 times since 2014. The Prime Minister was interacting with beneficiaries of various social security schemes of the government through video conferencing.

Here are the highlights from his address:-
PM Narendra Modi today said, there is "10-Fold Increase In Social Security Cover Since 2014. People expressed their views on Twitter! Click to see
PM Narendra Modi

“The social security schemes of the Government of India help cope with the uncertainties of life”.

He said beneficiaries under various social security schemes stood at about 5 crore in 2014, which has now increased to 50 crore.
About 28 crore new bank accounts have been opened under the Jan Dhan scheme.

We emphasised on three aspects – open the doors of the banks for the poor- banking the unbanked, access to capital for small business and budding entrepreneurs – funding the unfunded, and a social security cover for the poor and vulnerable – financially securing the unsecured.

“I am particularly happy that more women have bank accounts. It is important for women to be in the financial mainstream”.

The government is promoting schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana.

There are about 1 crore subscribers of the assured minimum pension scheme Atal Pension Yojana.

The government is also promoting Pradhan Mantri Vaya Vandana Yojana for citizens aged 60 years and above. About 3 lakh people have so far benefited from the scheme.

Here is what twitterati think about Social Welfare Beneficiaries highlighted By PM Modi
Some people criticized it also

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