Pradhan Mantri Jeevan Jyoti Bima Yojana is a guarantee of life security for socially and economically backward people

After assuming power in 2014, the Narendra Modi-led NDA government has launched several such schemes, which have greatly improved the condition of socially and economically backward people in the country. One of these schemes is the Pradhan Mantri Jeevan Jyoti Bima Yojana.
The Pradhan Mantri Jeevan Jyoti Bima Yojana was launched by Prime Minister Narendra Modi on May 9, 2015. The purpose of this scheme is to give the benefit of more insurance in less premium. At an annual premium of just Rs 436, an insurance cover of Rs 2 lakh is given in case of any unforeseen event. Through this scheme, the government gives top priority to the social security of the poor and deprived. The scheme is also giving hope of a secure future to the people in the tribal dominated areas of Latehar district of Jharkhand. Thousands of people in Latehar district have so far registered under the Pradhan Mantri Jeevan Jyoti Bima Yojana. With the help of Bank Mitras and village level committees, this scheme is reaching every village. Pramila Devi of Balumath block in Latehar district told IANS, "My husband and I had taken Jeevan Jyoti insurance. It was Rs 436. A year later, my husband died. It became very difficult for me to run the house and take care of the children. Under the scheme, I got Rs 2 lakh, which made running the house and taking care of the children a little easier. I thank Prime Minister Narendra Modi for this. Balumath Sakhi Mandal member Soni Devi said that the Pradhan Mantri Jeevan Jyoti Bima Yojana is not only adding a sense of security to the lives of common citizens even in backward districts like Latehar but also giving them confidence that the government is with them. Latehar's Lead District Manager Rajiv Kumar Mandilwara said that 1,19,488 people are associated with the Pradhan Mantri Jeevan Jyoti Bima Yojana. The special thing is that people from 18 to 50 years of age are covered by insurance. The annual period of insurance is from June 1 to May 31. Premiere is Rs 436. If a person associated with the scheme dies between 18 and 50 years, then his family is given financial help.