Indian government-backed accident insurance scheme
Pradhan Mantri Suraksha Bima Yojana
Country
India
Prime Minister(s)
Narendra Modi
Ministry
Finance
Key people
Arun Jaitley
Launched
9 May 2015; 9 years ago (2015-05-09)
Status
Active
Pradhan Mantri Suraksha Bima Yojana (PMSBY, translation: Prime Minister's Safety Insurance Scheme) is a government-backed accident insurance scheme in India. It was originally mentioned in the 2015 Budget speech by Finance Minister Late Arun Jaitley in February 2015.[1] It was formally launched by the Prime Minister Narendra Modi on 8 May in Kolkata.[2]
^Reporter, B. S. (9 May 2015). "Jan Suraksha: Social security for masses, pricing woes for insurers". Business Standard India. Retrieved 31 January 2020.
^Vishwanathan, Vivina (8 May 2015). "Banks advertise Pradhan Mantri Bima Yojana ahead of the roll out". Livemint. Retrieved 31 January 2020.
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