Chandigarh, February 8: Haryana Cabinet which met under the Chairmanship of Chief Minister, Sh. Manohar Lal here today gave revised approval for the implementation of Mukhya Mantri Parivar Samridhi Yojana (MMPSY).

As per the official Under MMPSY, sanctions amounting to Rs.270.84 crore to the 8,77,538 families were issued during 2019-20 and 2020-21 on self-declaration basis as per the applications received on the MMPSY portal. A sum of Rs. 3,54,77,472 covering 2,83,772 beneficiaries were disbursed as the reimbursement of premium to the beneficiaries of PMJJBY and PMSBY under MMPSY on January 31, 2022 during the current financial year 2021-22 as per the verified data received from Citizens Resources Information Department (CRID).

The scheme is being implemented on the basis of following Standard Operating Procedure viz CRID will provide the verified data of families having family income is less than or equal to Rs.1.80 lakh per annum and have a Parivar Pehchan Patra identification number. The eligible beneficiaries shall be identified out of the data provided by CRID.

The Swarna Jayanti Haryana Institute for Fiscal Management (SJHIFM) will forward the verified data to the Institutional Finance and Credit Control (IFCC) Department as well to the Punjab National Bank, being the lead bank and the convener of State Level Bankers Committee (SLBC), Haryana with regard to the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), beneficiaries. The beneficiaries who haven't been taken PMJJBY and PMSBY schemes, banks will encourage them to take these schemes, citing that the premium will be reimbursed by the State Government under MMPSY. The Institutional Finance and Credit Control (IFCC) will get the verification of data done from banks. SJHIFM will sort out the beneficiaries of three maandhan schemes PMKMY, PMSYMY and PMLVMY as per the occupational status of the beneficiaries mentioned in the data received from CRID and forward to the concerned Nodal departments (Agriculture and Farmers’ Welfare and Labour) for authentication. The departments will encourage the beneficiaries who haven't taken the Maandhan schemes to get enrolled in the Maandhan schemes.

Under the MMPSY scheme, the eligible beneficiary will be entitled to get the benefit of 5 Central Government schemes, namely PMJJBY, PMSBY, PMKMY, PMSYMY and PMLVMY from a sum of Rs. 6000 per family. The sum assured of Rs. 6000 will be used for paying the premium of all the said schemes as per the eligibility of the beneficiary.

At the time of joining any of the 5 central government schemes, the first installment of the beneficiary contribution of premium shall be paid by the beneficiary himself, which will subsequently be reimbursed by the State Government. Thereafter, upcoming premium due on account of continuing the scheme will be paid by the State Government through Direct Benefit Transfer (DBT) into the accounts of the beneficiary or to the Insurance Company.

The payment of pending dues/premium of the eligible beneficiaries of three Maandhan schemes (PMKMY, PMSYMY and PMLVMY), if any, shall also be made/reimbursed under MMPSY with effect from April 1, 2020.