ANALYSING CAUSAL RELATIONSHIP BETWEEN SOCIAL SECURITY INITIATIVES (SCHEMES) AND CITIZENS’ QUALITY OF LIFE

Abstract

The current research tries to ascertain cause and effect relationship between social security initiatives and citizens’ quality of life with respect to India as fastest emerging economy in the world. Literature evidences proves that social security is an essential parameter for quality of life in various developed economies because it offers citizens’ confidence on the government, initiate social contribution of people, revolutionize social structure and progressive social environment for equitable development. Taking some important government initiatives like- Pradhan Mantri Jan DhanYojana, Pradhan MantriJeevanJyotiBimaYojana, Atal Pension Yojana, Pradhan Mantri Mudra Yojana, Right to Education (RTE) the study conducts an investigation of its workability and what people believe of these schemes.