Social Security Schemes - UPSC GS-II

Social Security Schemes are such schemes where Government tries to provide monetary assistance to those people who have no income or inadequate income. In India there are various schemes that are run as social security schemes. Important for IAS Exam, the topic ‘Social Security Scheme’ comes under Mains GS-II. Read this article to know more about the such schemes.

Aspirants can check the following links to align their preparation for UPSC 2021 examination:

Social Security Schemes – Introduction

  • The Government of India is to a great degree worried about the old age income security of the working poor and is centered around urging and empowering them to join the National Pension System (NPS). Aspirants can go through the National Pension Scheme – NPS by the government of India on the linked page.
  • The Government had begun the Swavalamban Scheme in 2010-11 to address the life span dangers among the specialists in the unorganized sector and to energize the laborers in sloppy part to deliberately put something aside for their retirement. Swavalamban Yojana was replaced by the Atal Pension Yojana which is established to provide old age income security to the workers belonging to the unorganised sector. Candidates can check details on Swavalamban Health Insurance Scheme on the linked page.
  • The workers in the unorganized sector constitute 88% of the total workforce of 47.29 crore according to the 66th Round of NSSO Survey of 2011-12. Further details on the National Sample Survey Organization – NSSO is available on the given link.
  • The workers in the unorganized sector don’t have any formal annuity arrangements.
  • Be that as it may, scope under Swavalamban Scheme is insufficient for the most part because of the absence of lucidity of annuity benefits at the age after 60.
  • The government has propelled three aspiring Social Security Schemes relating to the protection and benefits area.
  • This would be a way-breaking activity towards giving moderate all-inclusive access to basic government disability assurance in an advantageous way connected to the auto-charge office from the financial balance of the endorser.
  • The two protection plans, to be specific Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) would give protection cover in the terrible occasion of death by any reason/demise or inability because of a mishap, while the benefits conspire, Atal Pension Yojana (APY), would address seniority pay security needs. Details on Pradhan Mantri Jeevan Jyoti Bima Yojana are available on the given link.
  • The helpful conveyance system of the plans is required to address the circumstance of low scope of life/mishap protection and maturity pay security items in the nation.
  • The Finance Minister has reported another scheme called Atal Pension Yojana (APY) in his Budget Speech for 2015-16.
  • The APY will be focussed on all natives in the unorganized sector, who join the National Pension System (NPS) managed by the Pension Fund Regulatory and Development Authority (PFRDA) and who are not individuals from any statutory government disability plot.

Read the following schemes’ articles linked in the table below that are equally important:

UPSC Preparation Links:

Leave a Comment

Your Mobile number and Email id will not be published. Required fields are marked *

*

*