India's first national social security platform will be developed by the Department of Electronics and Information Technology ( DeitY ), which has been entrusted with the task following the intervention of the Prime Minister's Office to end the tug of war between three central ministries.
• Officials said the PMO stepped in after the ministries of labour, finance, and communications and IT could not reach consensus on who should set up the backbone for distributing social security benefits.
• Finance minister Arun Jaitley had in his budget speech said that the government will develop a national social security platform for handing out monetary benefits.
• Officials said that once the platform is established, beneficiaries under various schemes will have to enrol with the ministries concerned which are offering benefits under the particular schemes.
• Multiple Benefits Providing social security to Indians has been one of the key focus areas of various schemes launched by the Narendra Modi -led NDA government. Most of these schemes require the beneficiary to pay a small amount as premium or contribution.
• While the Jan Dhan scheme launched in 2014 aimed to provide a bank account along with a Rupay debit card to every Indian household, the Jan Suraksha Scheme launched in 2015 aimed to provide a social security net to Indians.
• Under Jan Suraksha, the government brought in three schemes - Suraksha Bima Yojana providing an accident cover, Jeevan Jyoti Bima Yojana providing a life insurance cover and the Atal Pension Yojana for old age pension.