Key Points

Economist Pankaj Jaiswal celebrated India's 45% surge in social security coverage, crediting PM Modi's policies. The ILO report highlights 94 crore beneficiaries, with schemes like Jan Dhan Yojana ensuring direct transfers. Ayushman Bharat's 77 crore health cards and food security for 81 crore under PMGKAY showcase inclusive growth. Jaiswal emphasized this progress reflects India's shift toward an equitable society.

Key Points: Economist Pankaj Jaiswal Praises Modi's Social Security Growth Citing ILO

  • ILO report shows 45% rise in India's social security since 2015
  • 94 crore Indians now benefit from welfare schemes
  • Jan Dhan Yojana eliminated middlemen in benefit transfers
  • Ayushman Bharat issued 77 crore digital health cards
2 min read

Economist hails India's incredible social security growth after PM Modi cites ILO report in 'Mann Ki Baat'

Economist Pankaj Jaiswal hails India's 45% rise in social security coverage under PM Modi, citing ILO data and welfare schemes like Jan Dhan Yojana.

"This is not just a number; it reflects India’s tremendous progress in ensuring welfare and economic security for its citizens. – Pankaj Jaiswal"

New Delhi, June 29

In the 123rd episode of his monthly radio address, ‘Mann Ki Baat’, Prime Minister Narendra Modi on Sunday hailed a new report by the International Labour Organization (ILO) that shows a major rise in India’s social security coverage.

Speaking on this incredible achievement, Economist Pankaj Jaiswal told IANS from Mumbai that this major achievement should be “celebrated” as it reflects PM Modi’s grand success in ensuring that the poor and marginalised are not left behind.

Citing ILO data, he stated that this reflects a significant 45 per cent rise in social security benefits between 2015 and 2025, aligning with the tenure of Prime Minister Narendra Modi. Jaiswal further said that this ranking is based on the first phase of an international assessment that examined 19 welfare schemes, including direct cash benefit transfers. “This is not just a number; it reflects India’s tremendous progress in ensuring welfare and economic security for its citizens,” he said.

“Currently, 94 crore people are availing social security benefits in India, and with Phase 2 of the study pending, that number could surpass 100 crores.” Highlighting the government’s push to end the parallel economy, Jaiswal said that schemes like Jan Dhan Yojana played a critical role.

“Earlier, people without bank accounts, especially from poor backgrounds, were not even aware of their entitlement to government benefits. Now, with financial inclusion and data mapping, benefits are reaching the last mile, and the role of middlemen has been eliminated.”

He emphasised the scale of the Ayushman Bharat scheme, noting that 77 crore digital health cards have already been issued. Gig workers and self-help groups, including beneficiaries of the Lakhpati Didi initiative, are also being brought under the social security net and are hugely benefiting women.

Responding to the role of key schemes like Pradhan Mantri Awas Yojana, Ayushman Bharat, and welfare plans for unorganised workers, Jaiswal said these programmes are crucial to India's socio-economic growth.

“When 81 crore people get food security under the PM Garib Kalyan Anna Yojana, it ensures no one sleeps hungry. Only when basic needs are met can people focus on productivity and nation-building,” he said.

The latest ILO data, also cited by PM Modi in his ‘Mann Ki Baat’ address, underscores this transformation. “This ranking should be celebrated,” said Jaiswal, adding that “It shows India is moving decisively toward an inclusive, secure society.”

- IANS

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Reader Comments

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Shreya B
The numbers look impressive but implementation is patchy in many states. My aunt in Jharkhand still hasn't received her Ayushman Bharat card despite applying twice. Hope phase 2 addresses these gaps!
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Arjun K
This is what happens when technology meets governance! JAM trinity (Jan Dhan-Aadhaar-Mobile) has been revolutionary. My chaiwala bhaiya now gets his payments directly - no more sahukar exploitation 💪
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Priya S
As an economics student, I'm curious - does this ILO report account for inflation-adjusted benefits? The schemes are great but rising prices are eating into actual purchasing power of these transfers.
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Kavya N
Lakhpati Didi initiative changed my life! From being a farm laborer to running a small tailoring business with SHG support. Never thought I'd see ₹15k/month in my account. Women empowerment is real 🇮🇳
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Vikram M
Good steps but we need long-term solutions too. Free ration is essential today, but we must create jobs so people don't remain dependent on welfare forever. Balance is key!

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