Pradhan Mantri Shram Yogi Mandhan – Government Schemes PDFs

Hello and welcome to exampundit. As a part of our Government Schemes PDFs Series, today we are sharing the PDF on Pradhan Mantri Shram Yogi Mandhan. This is important for all Bank PO, Clerk and Competitive Exams.

So, here is the detailed scheme. We will be sharing the PDF once the Scheme is Officially Launched.

Pradhan Mantri Shram Yogi Mandhan

Finance Minister Piyush Goyal in Interim Budget 2019 announced the launch of a social security pension scheme for workers in the unorganised sector.

The scheme is called the Pradhan Mantri Shram Yogi Mandhan.

Pradhan Mantri Shram Yogi Mandhan in Brief

Launch Year To be launched in 2019
Scheme Outlay  ₹500 crore
Pension Amount  ₹3000 per month
Contribution  ₹100 per month
Minimum Age  18 years
Pension from  60 years

 

Highlights of Pradhan Mantri Shram Yogi Mandhan

Under the scheme, an assured monthly pension of Rs 3,000 per month will be provided to workers in the unorganised sector.

Those who will avail this scheme will get the pension after 60 years of age.

However, to avail of the scheme, workers will have to contribute Rs 100 month.

Also, the Pradhan Mantri Shram Yogi Mandhan scheme will run alongside the existing Atal Pension Yojana, which guarantees returns post-retirement.

Also, Piyush Goyal announced ₹500 crore outlay for this scheme. And, additional funds will be provided as needed.

And, the scheme will also be implemented from the current year.

Also, Finance Minister said that this scheme will benefit 10 crore workers.

 

Check out the other Government Schemes PDFs from here

 

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Team Exampundit