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. If you want to download the PDF of the Scheme is Officially scroll down below.
Pradhan Mantri Shram Yogi Mandhan
Prime Minister Narendra Modi on March 5, 2019 launched the Pradhan Mantri Shram Yogi Maan-dhan Yojana (PM-SYM), a mega pension scheme for unorganised sector, from Gandhinagar, Gujarat.
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||March, 2019|
|Launched in||Gandhinagar, Gujarat|
|Scheme Outlay||₹500 crore|
|Pension Amount||₹3000 per month|
|Contribution||₹100 per month|
|Minimum Age||18 years|
|Maximum Age||40 years|
|Pension from||60 years|
Highlights of Pradhan Mantri Shram Yogi Mandhan
The unorganised sector workers, with income of less than Rs 15,000 per month and who belong to the entry age group of 18-40 years, will be eligible for the scheme.
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.
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