Pm Shram Yogi Mandhan Yojana 2023 | PM Shram Yogi Mandhan Yojana UPSC | PMSYM Card | PM Shram Yogi Mandhan Yojana Status | Pradhan Mantri Shram Yogi Mandhan Yojana online Registration
Here comes a good news for the people who are working in unorganized sector, as the central government has introduce a pension scheme for them. In the budget 2019-20 the finance minister Piyush Goyal launched Pradhan Mantri Shram Yogi Mandhan Yojana (PMSYM). Under this scheme the government will provide Rs. 3000 to the workers in the unorganized sector in five years.
The government has targeted 10 crore people to provide the benefit of Pradhan Mantri Shram Yogi Mandhan Yojana. If this scheme will be implemented in the well manner, it may be the largest pension scheme of the world. Workers will have to contribute Rs 100 per month under the scheme to be able to receive a monthly pension of Rs 3,000 after 60 years of age.
PM Shram Yogi Mandhan Yojana 2023
Under this mega pension scheme the government will provide Rs 3000 per month to workers in unorganized sector after 60 years of age. The move is likely to benefit household helps, drivers, plumbers, electricians, barbers and other workers earning less than the threshold salary under the scheme.
The minimum guaranteed pension will benefit 100 million people earning a monthly salary less than Rs 15,000. The current minimum pension stands at Rs 1,000 per month for the organised workers. The scheme will cost the government Rs 500 crore.
Out of the total 500 million workforce, over 90% are unorganised workers who are often deprived of not just minimum wages but also any kind of social security, be it pensions or health insurance. Those earning above Rs 15,000 are covered under the Employees’ Provident Fund Organisation or the Employees’ State Insurance Corporation and hence will be out of the ambit of the scheme in the first phase.
PM Shram Yogi Mandhan Yojana 2023 Overview
|Scheme Name||PM Shram Yogi Mandhan Yojana (PMSYM)|
|Launched By||Finance Minister|
|Beneficiaries||Unrecognized Sector Workers|
|No of Beneficiary||10 Crore approximate|
|Contribution||Rs. 55 per month to Rs. 200 per month|
|Pension Amount||Rs. 3000 per month|
|Objective of Scheme||Old age protection and social security of Unoganized Workers|
|Online Registration Link||https://maandhan.in/auth/login|
|Scheme Description Link||https://maandhan.in/scheme/pmsym|
How to apply for PM Shram Yogi Mandhan Yojana
Complete process to apply for PM Shram Yogi Mandhan Yojana is given below.
Step 1 : Interested eligible person shall visit nearest CSC centre.
Step 2 : Following are the prerequisites for the enrollment process:
- Aadhaar Card
- Savings/Jan Dhan Bank Account details along with IFSC Code ( Bank Passbook or Cheque Leave/book or copy of bank statement as evidence of bank account )
- Step 3: Initial contribution amount in cash will be made to the Village Level Entrepreneur (VLE).
Step 4 : The VLE will key-in the Aadhaar number, Name of beneficiary and Date of birth as printed on aadhaar card for authentication.
Step 5 : The VLE will complete the online registration by filling up the details like Bank Account details, Mobile Number, Email Address, Spouse (if any) and Nominee details will be captured.
Step 6 : Self-certification for eligibility conditions will be done.
Step 7 : System will auto calculate monthly contribution payable according to age of the Beneficiary.
Step 8 : Beneficiary will pay the 1st subscription amount in cash to the VLE.
Step 9 : Enrollment cum Auto Debit mandate form will be printed and will be further signed by the beneficiary. VLE will scan the same and upload it into the system.
Step 10 : A unique Shram Yogi Pension Account Number (SPAN) will be generated and Shram Yogi Card will be printed.
PMSYM नामांकन प्रक्रिया
Eligibility For PM Shram Yogi Mandhan Yojana
All the candidates who wants to make registration or wants to apply for the PMSYM scheme must check the eligibility first. The candidates must fulfill the following minimum eligibility criteria to become eligible for PM Shram Yogi Mandhan Yojana (PM-SYM).
A) All the beneficiaries must belong to 18 to 40 years of age.
B) The income of the candidate must be less than Rs. 15,000 per month and must be working in unorganized sector.
C) He / She must not be an income tax payer.
D) Applicants must not be engaged in organized sector with membership of Employees Provident Fund (EPF) / National Pension Scheme (NPS) / Employees State Insurance Corp (ESIC).
E) Applicant must have a savings bank account.
F) He / She should possess Aadhar number.