8 crore families brought under social security schemes : FM Arun Jaitley

Finance Minister Arun Jaitley on Tuesday said 7.5 to 8 crore families, out of the total 25 crore households in the country, have been brought under the Centre’s social security schemes launched so far.

“In the last 10-12 days, 7.5 to 8 crore families have been covered under the life insurance and accidental insurance schemes initiated by us”, he said.

“This country has 25 crore families and out of that 7.5 to 8 crore families have been already linked with these schemes,” Jaitley told reporters in Ahmedabad.

“Poor people can not be merely helped by distributing resources in a poll year. As there is a practice in developed countries of the world, we want to provide social security to poor people,” Jaitley said.