The scheme will get a pension of 3000 rupees every month. Learn about this new scheme today.

Finance Minister Piyush Goyal announced the Prime Minister's labor-intensive honorarium scheme in the interim budget on 1 February. And this scheme will be very beneficial for the unorganized sector workers in the age group of 18 to 40. Thus, apart from this, the government has many schemes, but we cannot take advantage of it because there is no information. So today we are going to talk about this new and useful project in this article which is very special. So know the details about this scheme 

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The Pradhan Mantri Shram Yogi Madhavan Scheme is important for the retirement security and social security of unorganized sector workers. These may be made up mostly of reservoirs, street vendors, lunch workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, etc. Here we are giving you information about this scheme. And after 60 years in this scheme you start getting pension benefits every month.

Can anyone join this scheme?

The scheme may include all those who are working in the unorganized sector. And furthermore, they must be between 18 and 40 years of age. Also, their monthly income should be Rs 15,000 or less.

Such people cannot join:

People who are employed in organized sector and are said to be members of EPF / NPS / ESIC, these people cannot join it.

After death, the wife or husband will get such pension:

Those adopting the scheme will get a pension of Rs 3,000 at the age of 60. If the person receiving the pension dies, his or her spouse is entitled to receive the amount. Under the scheme, the government on its part will allocate the same amount to its beneficiaries which will contribute to its account.

Which documents will be required?

Aadhar Card

Savings Account / Public Money Account with IFSC Code

Mobile numbers, as well as required proofs, may also be required.

how to apply?

To apply under this scheme, you have to visit your nearest CSC center. Don't forget to carry Aadhaar card, bank passbook and mobile phone with you. Make sure that the IFSC code should be specified on the passbook of your savings account. And this is where you can apply.

How much to contribute:       

The amount you deposit will be determined by your age. The amount will be fixed, you will have to pay till the age of 60 years. All funds, except the first subscription amount, will be deducted from your savings account on a monthly basis. You must first deposit the subscription in cash. After that, this amount will be automatically deducted from your account until you are 60 years old.

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