India has witnessed a substantial rise in social security coverage over the past ten years, increasing from 19% in 2014 to 64.3% in 2024. This surge has brought over 94 crore citizens under the umbrella of various welfare and protection schemes.

Key Highlights:

1. Social security coverage in India expanded from 19% in 2014 to 64.3% by 2024.
2. The growth has resulted in over 94 crore individuals benefiting from government-backed schemes.
3. The expansion includes schemes like PM-KISAN, PMJJBY, PMSBY, and Atal Pension Yojana.
4. Efforts to formalize the workforce and improve digital outreach contributed to the rapid coverage increase.
5. The Ministry of Labour and Employment highlighted this growth as part of India’s inclusive development agenda.