The Government of India has been bringing many schemes for people of different sections of the country from time to time. Many of these schemes are specially prepared for poor, unorganized and working class, so that they do not have to struggle for the basic needs of life. One of these is a very important scheme-Pradhan Mantri Labor Yogi Manadhan Yojana (PM-SIM).
This scheme is for those whose income is not fixed, that is, those who earn daily and spend the same day. Such people mostly work in unorganized areas and they do not have future protection, nor any pension scheme after retirement. But now such workers can also resort to government pension in old age.
What is Pradhan Mantri Labor Yogi Maandhan Yojana?
The Pradhan Mantri Labor Yogi Manadhan Yojana was started by Prime Minister Narendra Modi in the year 2019. The scheme was launched for laborers and workers working in a particularly unorganized sector. Under the scheme, the beneficiary is given a pension of ₹ 3000 every month after the age of 60 years.
The objective of this scheme is to give social and economic security to those who work hard throughout life but there is no source of income in old age.
Who can take advantage of this scheme?
The benefits of this scheme get the workers of the unorganized sector, including the following:
Rickshaw driver
Wage laborer
Brick kiln laborer
Domestic assistant
Garbage picker
Mid day meal worker
Shoes
Agricultural laborer
People engaged in construction work
Landless laborer
Launder
That is, all such people who are not connected to any institute or company on regular salary are eligible for this scheme.
What is eligibility?
To take advantage of the Pradhan Mantri Labor Yogi Manadhan Yojana, you need to fulfill some qualifications:
Age Limit: Between 18 and 40 years
Monthly income: less than ₹ 15,000
There should not be members of any scheme like EPFO, NPS or ESIC
There should not be income tax payer
How much do you have to contribute?
To get pension in this scheme, you have to contribute to the scheme for at least 20 years. The amount of contribution is determined according to your age:
Age (year) Monthly contribution (₹) 18 55 20 76 25 116 30 166 35 226 40 200
That is, if you join this scheme at the age of 18, then you have to deposit only ₹ 55 per month. And the special thing is that the government also contributes as much money you deposit.
How to apply?
It is very easy to apply under this scheme:
Go to the nearest Common Service Center (CSC).
Take Aadhaar card, mobile number and bank passbook with you.
Vasundhara Mitra present there will enter your information on the online portal.
You will be provided a pension account number and card.
You https://maandhan.in/ You can also see the information of the plan on the website.
What are the benefits of this scheme?
₹ 3000 Monthly Pension Guarantee
Lifetime security in very low contribution
Government’s equal contribution
Social security to workers in unorganized sector
Online and simple application process
The pension amount is deposited directly into the bank account
conclusion
The Pradhan Mantri Labor Yogi Manadhan Yojana is an initiative that relieves the poor, unorganized and toiling laborers of India from the concern of old age. If you or any of your acquaintances work in any unorganized sector, then registration under this scheme will be beneficial as soon as possible.
This plan of the government is a step – “Sabka Saath, Sabka Vikas and everyone’s faith”, where every class can get the right to live a safe and strong life.