Gujarat Records Over 2.34 Crore Enrolments Under ₹20 Accident Insurance Scheme
Summarized by AI; it may make mistakes. Check important info
Summarized by AI; it may make mistakes. Check important info
Gujarat has recorded more than 2.34 crore cumulative enrolments under the Pradhan Mantri Suraksha Bima Yojana (PMSBY), with the total reaching 2,34,42,289 as of July 22, 2026. The government-backed accident insurance scheme aims to provide affordable financial protection to individuals and their families in the event of accidental death or disability.
Gujarat's Enrolment Breakdown
The state's enrolment figures include 1,33,27,795 males and 94,02,937 females. The data also records 17,724 transgender subscribers and 6,93,833 others covered under regional converged schemes.
With an annual premium of just ₹20 per subscriber, PMSBY provides a sum assured of ₹2 lakh in cases of accidental death or total permanent disability. A cover of ₹1 lakh is available for partial permanent disability.
Five States With the Highest PMSBY Enrolments
Uttar Pradesh leads the country in cumulative PMSBY enrolments, followed by Andhra Pradesh and Maharashtra. The five states with the highest enrolment figures are:
- Uttar Pradesh: 8,82,11,701
- Andhra Pradesh: 5,83,05,404
- Maharashtra: 4,46,59,823
- West Bengal: 4,01,49,165
- Madhya Pradesh: 4,01,04,028
NITI Aayog Highlights Scheme's Role in Financial Protection
An impact assessment by NITI Aayog identified PMSBY as an important safety net for low-income households. The scheme serves as a source of immediate financial relief for families dealing with accidental death or disability.
Its low annual premium is intended to make accident insurance accessible to a wider section of the population, particularly those who may otherwise struggle to afford insurance coverage.
Who Can Enrol Under PMSBY?
Launched by Prime Minister Narendra Modi on May 9, 2015, in Kolkata, the Pradhan Mantri Suraksha Bima Yojana is a flagship social security initiative aimed at expanding financial inclusion and protecting households against financial hardship.
The scheme is open to individuals aged 18 to 70 who hold an active savings bank or post office account. By offering accident insurance at an annual premium of ₹20, PMSBY seeks to widen access to basic insurance protection across the country.
