Ujjain : Three ambitious schemes initiated by Prime Minister of India Narendra Modi will be dedicated to public in the city on Saturday. Pradhan Mantri Suraksha Bima Yojana, Atal Pension Scheme and Pradhan Mantri Jeevan Jyoti Bima Yojana will be launched during a programme at Brahaspathi Bhavan at 5 pm on Saturday. Minister of School Education Paras Jain will be chief guest of the programme while Mayor Rameshwar Akhand, MLA Mohan Yadav and others will be special guests. PM Suraksha Bima Yojana covers accidental death and disability. People aged between 18 to 70 years having saving bank accounts will be eligible for the scheme. A person has to give premium of Rs 12 every year and the kin of the insured person will get Rs 2 lakh. Likewise, PM Jeevan Jyoti Bima Yojana covers life insurance on the death of a person by any cause. Insured person has to pay annual premium of Rs 330 and he will get insurance of Rs 2 lakh. Third scheme Atal Pension Yojana is launched to provide secure income to elderly people of labour class. They will get pension after they complete the age of 60 years.