Report on Jan Suraksha Insurance and Pensions

May 9, 2026, 20:43
IndiaFinance

Introduction

Finance Minister Nirmala Sitharaman shared new information about Jan Suraksha. These are government plans for insurance and money for old people.

Main Body

The government started these plans in 2015. There are three main plans: PMJJBY, PMSBY, and APY. They help people get insurance for a low price. Many people use these plans. The government paid 25,160 crore rupees to families. PMJJBY is life insurance. It costs less than 2 rupees a day. PMSBY is for accidents. It is for people aged 18 to 70. APY is a pension plan. It helps poor workers save money for the future. Now, people use a website called the Jan Suraksha Portal. People do not need to go to the bank or the post office. They can sign up and ask for money online. This makes the process fast for families.

Conclusion

These plans give insurance and pensions to many people using a simple website.

Learning

πŸ’‘ The Power of 'FOR'

In this text, the word for is used in two very helpful ways for beginners. Let's look at how to use it to describe purpose and time.

1. To show who or what something is for (Purpose)

  • ...plans for insurance
  • ...money for old people
  • ...insurance for a low price
  • ...save money for the future

Pattern: [Thing] β†’\rightarrow for β†’\rightarrow [Person/Reason]

2. To show a group of people (Target)

  • It is for people aged 18 to 70.

πŸš€ Vocabulary Shift: 'Get' and 'Give'

Notice how these two simple words move money and help in the text:

  • Give β†’\rightarrow The government gives insurance. (Action from the top down)
  • Get β†’\rightarrow People get insurance. (Action from the bottom up)

Simple Rule: Use Give when you provide something. Use Get when you receive something.

Vocabulary Learning

report (n.)
a written or spoken description of events
Example:She gave a report about the meeting.
share (v.)
to give part of something to others
Example:He will share his lunch with his friend.
information (n.)
facts or knowledge about something
Example:The brochure gives useful information.
government (n.)
the group that runs a country
Example:The government announced new rules.
plan (n.)
a set of actions to achieve a goal
Example:We need a plan for the trip.
insurance (n.)
protection against loss or damage
Example:She bought car insurance.
money (n.)
currency used for buying goods
Example:He saved money for a vacation.
old (adj.)
having lived many years
Example:My grandmother is old.
people (n.)
human beings
Example:Many people attended the event.
help (v.)
to give assistance
Example:Can you help me with this?
low (adj.)
small in amount or height
Example:The price is low.
price (n.)
how much something costs
Example:What is the price of the book?
many (adj.)
a large number
Example:Many students joined the club.
families (n.)
groups of related people
Example:Families gathered for dinner.
life (n.)
existence of a person
Example:Life can be challenging.
costs (n.)
amount of money paid
Example:The costs are high.
less (adj.)
smaller amount
Example:She spent less money.
day (n.)
a 24‑hour period
Example:We will finish by the end of the day.
accidents (n.)
unexpected events causing harm
Example:Road accidents increase during winter.
workers (n.)
people who do work
Example:Workers need rest.
save (v.)
to keep money for later
Example:He wants to save for a car.
future (n.)
time that is to come
Example:We plan for the future.
website (n.)
a page on the internet
Example:Visit our website for details.
portal (n.)
main entry point
Example:The portal opens at 9 AM.
need (v.)
to require something
Example:I need a cup of tea.
go (v.)
to move to a place
Example:We will go to school.
bank (n.)
place where money is kept
Example:I need to go to the bank.
post office (n.)
place where mail is handled
Example:Send the letter to the post office.
sign up (v.)
to register for something
Example:Sign up for the newsletter.
ask (v.)
to request information
Example:Ask the teacher for help.
online (adj.)
using the internet
Example:I shop online.
process (n.)
a series of actions
Example:The process takes time.
fast (adj.)
quick
Example:The car is fast.