Pradhan Mantri Shram Yogi Maandhan

The Pradhan Mantri Shram Yogi Maandhan was published by the crucial authorities to solve economic challenges in the unorganized sector. Workers earning less than Rs 15000 are eligible for a pension of Rs 3000 under this plan.

On the 1st of February, 2019, Union Minister Piyush Goyal launched this plan. The Pradhan Mantri Maandhan Yojana benefits those who work in unorganized sectors, including drivers, laborers, rickshaw pullers, cobblers, and street sellers.

On February 15th, 2019, the Pradhan Mantri Shram Yogi Mandhan Yojana was launched. People above the age of 60 are entitled to a monthly pension of 3000 rupees. Humans aged 18 to 40 years old, on the other hand, can participate in the Pradhan Mantri Shram Yogi Yojna 2022.

Individuals working for government agencies, the Employees Provident Fund, the NPS (National Pension Scheme), and all State Employees Insurance Corporation employees are not eligible for this scheme. Any Shram Yogi who participates in the scheme should no longer be a wage earner.

If the recipient dies during the period when the pension is being received, the partner may get 50% of the pension amount. If the recipient has made regular payments to the pension amount but dies before reaching the age of 60, the partner can still benefit from the pension amount by transferring the ongoing bills to this program.

The government launched the PM Shram Yogi Mandhan Yojana to support low-wage employees in the unorganized sector, and almost 44.9 lakh individuals have already signed up. This plan is open to persons who earn less than Rs 15000 and are between the ages of 18 and 40. However, to benefit from this program, the beneficiary must invest the deposit in a minimum amount. The minimum deposit amount is determined based on your age, ranging from Rs 55 to Rs 200.

Pradhan Mantri Shram is a Pradhan Mantri Shram that was established in The Life Insurance Corporation of India and is in charge of running the Yogi Maandhan Yojana. To participate in this plan, you will need to bring an Aadhar card, a passbook, or a bank account to the CSC center.

The recipient receives the Shramik Card while the account is open. The hotline number is 18002676888 if you want to look for more records in this scheme. The most essential purpose of the PMSYM Yojana is to provide economic assistance to persons in the unorganized sector by providing a Rs 3000 pension after retirement. The total amount accumulated through this arrangement allows the beneficiaries to enjoy their retirement years in peace. The operational elegance in unorganized sectors, including vehicle drivers, laborers, avenue sellers, maids, rickshaw pullers, and so on, maybe benefited from this plan.

After reaching the age of 60, qualifying recipients may get a monthly pension of Rs 3000. The government matches your donations to the PM Shram Yogi Maandhan Yojana by contributing the same amount to your account. After your death, your spouse is entitled to half of your Rs 1500 pension. The amount of Rs 3000 supplied by way of the authorities can be automatically transferred from the recipients’ savings financial institution account or Jan Dhan account using the auto-debit feature under this plan.

Source: Maandhan

Disclaimer: The views expressed above are for informational purposes only based on industry reports and related news stories. PropertyPistol does not guarantee the accuracy, completeness, or reliability of the information and shall not be held responsible for any action taken based on the published information.

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