On Wednesday, Narendra Modi, Indian Prime minister, stated that the social security cover is now extended to 50 crore people in the nation that is about 10 times more than in 2014. Modi said, "The social security schemes of the Government of India help cope with the uncertainties of life,"
This statement was made while interacting with beneficiaries of several social security schemes of the government through a video conferencing. He stated this to the beneficiary that under the social security that the 5 crores in 2014 which is now increased to the 50 crores.
As referring to the financial inclusion program of Pradhan Mantri Jan Dhan Yojana, the emphasis on – banking the unbank: opening banks for the poor people, finding the unfunded – giving capital to young entrepreneurs or small business owners, and financially securing the unsecured – this will cover the vulnerable and poor people that are not secure.
Under the scheme of Jan Dhan Yojana, there was a total of 28 crore new bank accounts that are opened since 2014.
Modi stated, "I am particularly happy that more women have bank accounts. It is important for women to be in the financial mainstream,"
The BJP government is promoting different schemes such as Pradhan Mantri Surakhsha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and Atal Pension Yojana. The most astonishing this is the number that increases to 1 crore subscribers for the minimum pension scheme Atal Pension Yojana.
The government is actively promoting Pradhan Mantri Vaya Vandana Yojana for the citizen who is aged above 60 years. The total number of people that have taken advantage of this scheme is around 3 lakh and is still in the increasing phase.
The people are still enrolling in the schemes and actively going forward with the new scheme. They are exploring and getting benefited financially due to this. This single thing has made Narendra Modi a lot flexible PM that has ruled by keeping the people in mind. This can increase the chance of Modi win in the election of Lok Sabha that is to be held in 2019.
The thing is that there are many things that are done by BJP that are not supported by the citizen of India and hence it has put a dent in the popularity of BJP. There is a possibility that it may save BJP but we certainly have to wait and see.