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PM interacts with beneficiaries of various social security schemes across the country through video bridge

Published By : Admin | June 27, 2018 | 10:30 IST
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The Prime Minister, Shri Narendra Modi, today interacted with the beneficiaries of various social security schemes from across the country, through video bridge. The interaction covered four major social security schemes namely Atal Bima Yojana, Pradhan MantriJeevanJyoti Yojana, Pradhan MantriSurakshaBima Yojana and VayaVandana Yojana. This is the eighth interaction in the series by the Prime Minister through video conference with various beneficiaries of Government schemes.

Expressing happiness in interacting with people who fought adversities and emerged much stronger, Prime Minister Shri Narendra Modi said that Social security schemes empower people. He added that these social security schemes of the present Government not only help people effectively deal with the uncertainties of life, but also empower them to rise over the financially difficult situations of the family.

Prime Minister outlined the various aspects pursued by the Government to ensure financial security for the poor and the vulnerable. They are - opening the doors of the banks for the poor- banking the unbanked; ensuring access to capital for small business and budding entrepreneurs- funding the unfunded and; providing social security cover for the poor and vulnerable - financially securing the unsecured.

Interacting with beneficiaries Prime Minister said that the total number of 28 crore bank accounts opened under Pradhan MantriJan DhanYojana during the period 2014 – 2017 is nearly 55% of the total bank accounts opened in the world. He also expressed happiness that more women have bank accounts in India now and that number of bank accounts in India has reached 80% from 53% in 2014.

Listening to the adversities faced by people, Prime Minister said that even though the loss of a person can never be compensated, the Government has always strived to ensure economic security to the affected family. He said thatmore than five crore people have benefitted from Pradhan MantriJeevanJyoti Yojana, by paying a very low premium of around Rs. 300.

Talking about the accidental insurance coverage scheme, Pradhan MantriSurakshaBima Yojana, Prime Minister said that more than 13 crore people have availed the scheme. Under Pradhan MantriSurakshaBima Yojana, people can claim accidental insurance coverage of upto Rs. 2 lakh by paying premium of just Rs. 12 per year.

During the interaction, Prime Minister summarized various initiatives of the government in taking care of the old and elderly. He said that about three lakh elderly people have benefitted from the VayaVandana Yojana started last year, under which citizens above 60 years get 8 % fixed return for 10 years. In addition, Government also increased the basic limit of income tax, from Rs. 2.5 lakh to Rs. 3 lakh for senior citizens. He emphasized that the government is committed to the wellbeing of the elderly population.

Reiterating Government’s commitment to provide social security coverage to all, Prime Minister noted that over 20 crore people have been brought under the three major social security schemes (Pradhan MantriSurakshaBima Yojana, Pradhan MantriJeevanJyoti Yojana, Atal Pension Yojana ) in the last three years.Prime Minister also ensured the beneficiaries that the government will continue its efforts of ensuring welfare of all its citizens, especially the poor and vulnerable, and empower them in the best way possible.

Interacting with the Prime Minister, beneficiaries of various social security schemes explained how these schemes helped them during the times of great need. They also thanked the Prime Minister for the various schemes he introduced andpointed out that most of the schemes have been a life changer for many.

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Prime Minister’s visit to the United Arab Emirates
May 15, 2026

Prime Minister Shri Narendra Modi paid an official visit to the United Arab Emirates today. He was received at the airport by His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE and accorded a ceremonial welcome.

The two Leaders held a series of detailed discussions, during which Prime Minister reaffirmed India’s strong condemnation of the attacks on the UAE, as well as its solidarity with leadership and the people of the UAE. Prime Minister also conveyed India’s clear position in favour of ensuring safe transit passage and unimpeded navigation through the Strait of Hormuz, which is vital for enduring regional peace and stability, as well as energy and food security.

The Leaders also reviewed the entire gamut of bilateral relations and welcomed the deepening of the Comprehensive Strategic Partnership across multiple sectors, including energy, trade, investment, defense, security, fintech, infrastructure, education, culture and people to people ties. They acknowledged the success of the India–UAE Comprehensive Economic Partnership Agreement (CEPA), which has led to bilateral trade scaling new heights.

The two Leaders appreciated the vibrant and growing bilateral energy partnership, with the UAE maintaining its role as an important partner in India’s energy security, including in terms of crude oil, LNG and LPG supplies. The Leaders agreed to promote new initiatives for a comprehensive energy partnership. In this context, they welcomed the conclusion of a Strategic Collaboration Agreement between Indian Strategic Petroleum Reserves Limited and Abu Dhabi National Oil Company to enhance UAE’s participation in India’s Strategic Petroleum Reserves to 30 million barrels, and work together to set up strategic gas reserves in India. They also welcomed the arrangement entered into between Indian Oil Limited (IOCL) Company and Abu Dhabi National Oil Company (ADNOC) on long-term LPG supplies.

The two Leaders welcomed the announcement of USD 5 billion in investment into India by UAE entities. This includes investment of USD 3 billion by the Emirates New Development Bank (ENDB) in the RBL Bank of India, USD 1 billion by the Abu Dhabi Investment Authority (ADIA) with the National Infrastructure & Investment Fund of India (NIIF) in priority infrastructure projects in India, and USD 1 billion by the International Holding Company in Sammaan Capital of India. These investments underscore UAE’s sustained and long-term commitment to India’s growth story, while strengthening the bilateral strategic investment partnership.

The Leaders acknowledged the steady and strong bilateral defence cooperation as an important pillar of the Comprehensive Strategic Partnership. They welcomed the signing of the Framework for the Strategic Defence Partnership between the two countries during the visit. Under this, the two sides have agreed on deepening defence industrial collaboration and cooperation on innovation and advanced technology, training, exercises, maritime security, cyber defence, secure communications and information exchange.

The two Leaders also witnessed the conclusion of the following additional documents during the visit, which will further strengthen bilateral cooperation:

· MoU between Cochin Shipyard Limited and Drydocks World, Dubai on setting up Ship Repair Cluster at Vadinar, including offshore fabrication, under the Maritime Development Fund Scheme launched by the Government of India.

· Tripartite MoU between Cochin Shipyard Limited, the Drydocks World Dubai and Centre of Excellence in Maritime & Shipbuilding (CEMS) on Skill Development in Ship Repair. This establishes a framework to mobilize, train and employ a skilled maritime workforce, enhances the capabilities of the Indian maritime workforce and position India as a hub for skilled shipbuilding and ship repair professionals.

· Term Sheet for setting up 8 Exaflop Super Compute Cluster in partnership between CDAC, India and G-42, UAE.

The two leaders also welcomed the operationalisation of the Virtual Trade Corridor using MAITRI (Master Application for International Trade and Regulatory Interface interface). This digital framework, connecting customs and port authorities on both sides, will streamline cargo movement and reduce both costs and transit time, thereby enabling more efficient trade flows.

Prime Minister thanked President His Highness Sheikh Mohamed bin Zayed Al Nahyan for the warm welcome and gracious hospitality extended to him and invited him to visit India at an early date.