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Jan Suraksha revamp could raise PMJJBY PMSBY APY sum insured for millions
Economy
Published on 8 May 2026

Officials weigh bigger payouts for low income families
The government is considering a major expansion of benefits under its Jan Suraksha insurance schemes, including PMJJBY, PMSBY, and APY. The move aims to strengthen social safety nets for low income households and informal sector workers by potentially increasing the sum insured, offering greater financial protection.
- Govt is mulling higher benefits under Jan Suraksha schemes
- PMJJBY PMSBY and APY may see an increase in sum insured
- Proposal targets low income families and informal workers
- Changes are aimed at strengthening social safety nets
Read the full story at The Economic Times
This summarization was done by Beige for a story published on
The Economic Times
