Jammu industries welcome new schemes, social security schemes
Updated: May 11, 2015 02:05:04pm
Jammu, May 11 (KNN) Association of Industries, Gangyal, Jammu has appreciated the three social security schemes launched last week - Atal Pension Yojana (APY); Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
The industry body also complemented the Punjab National Bank to promote the scheme including the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
In a statement, it said that a commendable job has been done by PNB to promote these schemes in Jammu and Kashmir.
“The creation of APY, PMSBY and PMJJBY will help the employees engaged in private sector to getting their pension, accident insurance and life insurance in future and the fact is that majority of our population is still linked with trade and industrial sector,” it said.
The initiative was announced by the Union Finance Minister during the Budget Speech this year. These schemes are focused for the future of common man and staffs working in the non-organised and industrial sectors wish to have a fixed amount of pension as well as accident and life insurance and the government has taken the guarantee for giving some benefits under these schemes.
These three schemes will secure the future of employees by way of pension and also in case of any mishap the dependants will get Rs 2 lakhs as accident insurance with a meagre contribution of Rs 12 per annum and life insurance at the contribution of Rs 330 per annum for their family after any mishap of dependants.
“The industrial sector welcomes all these schemes and would like to encourage and participate in these valuable and good schemes for the welfare of industrial workers,” the industry body said.
Association President, Rajesh Jain, General Secretary, SB Abrol and Executive Director of PNB, Ram S Sangpure were among others attended the meeting organized to welcome the schemes.
Under APY, the subscribers below 40 will receive the fixed monthly pension of Rs 1000 to Rs 5000 at the age of 60 depending on their contribution.Under the scheme, the government will contribute 50 per cent of subscriber’s contribution or Rs 1000 per annum. (KNN/ST)
The industry body also complemented the Punjab National Bank to promote the scheme including the Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
In a statement, it said that a commendable job has been done by PNB to promote these schemes in Jammu and Kashmir.
“The creation of APY, PMSBY and PMJJBY will help the employees engaged in private sector to getting their pension, accident insurance and life insurance in future and the fact is that majority of our population is still linked with trade and industrial sector,” it said.
The initiative was announced by the Union Finance Minister during the Budget Speech this year. These schemes are focused for the future of common man and staffs working in the non-organised and industrial sectors wish to have a fixed amount of pension as well as accident and life insurance and the government has taken the guarantee for giving some benefits under these schemes.
These three schemes will secure the future of employees by way of pension and also in case of any mishap the dependants will get Rs 2 lakhs as accident insurance with a meagre contribution of Rs 12 per annum and life insurance at the contribution of Rs 330 per annum for their family after any mishap of dependants.
“The industrial sector welcomes all these schemes and would like to encourage and participate in these valuable and good schemes for the welfare of industrial workers,” the industry body said.
Association President, Rajesh Jain, General Secretary, SB Abrol and Executive Director of PNB, Ram S Sangpure were among others attended the meeting organized to welcome the schemes.
Under APY, the subscribers below 40 will receive the fixed monthly pension of Rs 1000 to Rs 5000 at the age of 60 depending on their contribution.Under the scheme, the government will contribute 50 per cent of subscriber’s contribution or Rs 1000 per annum. (KNN/ST)
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