PM Modi Launched farmers' pension scheme | Pradhanmantri Kishan ManDhan Yojna | Government Scheme | Updates MaruGujarat

PM Modi Launched farmers' pension scheme | Pradhanmantri Kishan ManDhan Yojna | Government Scheme | Updates MaruGujarat: Under the 'Pradhan Mantri Kisan Mandhan Yojana', farmers between 18 and 40 years of age will get Rs 3,000 monthly pension after reaching 60.

The scheme has an outlay of Rs 10,774 crore for the next three years.

All small and marginal farmers who are currently between 18 to 40 years can apply for the scheme.

PM Modi Launched farmers' pension scheme | Government Scheme | Updates MaruGujarat

Government of India has introduced a pension scheme for unorganised workers, namely Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) to ensure old age protection for Unorganised Workers.

The unorganised workers mostly engaged as home-based workers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, domestic workers, washermen, rickshaw pullers, landless labourers, own-account workers, agricultural workers, construction workers, beedi workers, handloom workers, leather workers, audiovisual workers and similar other occupations whose monthly income is Rs 15,000/ per month or less and belong to the entry age group of 18-40 years. They should not be covered under New Pension Scheme (NPS), Employees’ State Insurance Corporation (ESIC) scheme or Employees’ Provident Fund Organisation (EPFO). Further, he/she should not be an income taxpayer.

Features of PM-SYM: It is a voluntary and contributory pension scheme, under which the subscriber would receive the following benefits :

(i)    Minimum Assured Pension: Each subscriber under the PM-SYM, shall receive minimum assured pension of Rs 3000/- per month after attaining the age of 60 years.

(ii)   Family Pension: During the receipt of pension, if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50% of the pension received by the beneficiary as family pension. Family pension is applicable only to spouse.

(iii)   If a beneficiary has given regular contribution and died due to any cause (before age of 60 years), his/her spouse will be entitled to join and continue the scheme subsequently by payment of regular contribution or exit the scheme as per provisions of exit and withdrawal.

Read In Hindi: पेंशन स्कीम / पीएम किसान मानधन योजना शुरू, मिलेगी 3000 रुपए महीना पेंशन

Read In Gujarati: પ્રધાનમંત્રી કિસાન માન-ધન યોજના
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