Pradhan Mantri Shram Yogi Mandhan – Government Schemes PDFs

The Prime Minister, Shri Narendra Modi distributing the PM-SYM Pension Cards to select beneficiaries, at a function, in Vastral, Gujarat on March 05, 2019. The Minister of State for Labour and Employment (I/C), Shri Santosh Kumar Gangwar is also seen.

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.

CLICK HERE TO DOWNLOAD THE DETAILED PDF

 

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Team Exampundit

This post was last modified on March 25, 2019 1:46 pm