PMSBY's cumulative enrolments surged by 443 pc since 2016: Centre

The cumulative enrolments under the Pradhan Mantri Suraksha Bima Yojana (PMBSY), an accident insurance scheme, has surged by 443 per cent since 2016, said the Union government on Friday, as the scheme marks a decade of launch.

- AGENCIES

The scheme provides financial stability and affordable security in case of accidents and loss of lives at just Rs 20 per year.

"Ensure financial stability for your loved ones with PM Suraksha Bima Yojana! Cumulative enrolments under PMSBY have risen by 443 per cent, from 9.40 Cr in March 2016 to 51.06 Cr in April 2025. Affordable security at just Rs 20 per year!" the Ministry of Finance said in a post on social media platform X.