Analysis of Social Security Scheme: A Study in Peraje Village

Abstract

The social protection to the working class people plays crucial role in the time of accidents; mishappenings and at the time of old age. A country will develop when it has more productive labours. When it comes to the labour welfare and development, the social security scheme stands first. Government has launched many social security schemes but it focused only on organized sector workers in reality. From the decade, major portion of unorganized sector workers are denied by the basic social security schemes like PF, ESI, gratuity etc. Many attempts were made by the various Governments to overcome this problem. Keeping this in mind Government of India has launched JAN SURAKSHA scheme under Financial Inclusion Programme in 2015. The three social security schemes like PMSBY (accidental benefit scheme), PMJJBY (Any type of death compensation scheme) and APY (old age pension scheme) were introduced by the government in order to give social protection to the unorganized sectors of India. The study is conducted in Peraje village to know how these schemes obtained and reached to the unorganized sector workers of the village. The purpose of my research is to create awareness and to evaluate the performance of proposed social security schemes like PMSBY, PMJJBY and APY scheme in Peraje village of Madikeri Taluk.