The Indian Government offers numerous programmes to its workers and labourers which allow them to benefit from an annual pension of Rs. 36,000 by investing just Rs. 2 a day.
The Central Government’s Pradhan Mantri Shram Yogi Maandhan Yojana is a great pension scheme offered by the government of India for the working class of the nation. It will support and secure the financial future of this workforce using the scheme.
Workers can use the Pradhan Mantri Shram Yogi Maandhan Yojana to get a yearly pension of Rs. 36,000 if they contribute just Rs. 2 every day.
About the Scheme
If you have an Aadhaar Card and a bank account, then you can easily take advantage of this scheme. You need to contribute a minimum of Rs. 55 every month to this scheme and you can start receiving your pension once you turn 60. In case you are depositing Rs. 2 in this scheme on an everyday basis, then you shall receive a monthly pension of Rs. 3,000.
The Goal of the Scheme
The main goal of this scheme is to provide protection to the unorganised sector’s workers which include those people who contribute their hard work as street sellers, construction workers, rickshaw pullers and more.
Age
You can avail of this scheme if you are between the age of 18 and 40 years. Please note that the sooner you start, the less you will have to contribute to get a bigger amount of money.
The least amount of investment you can make would be Rs. 55 a month or Rs. 2 a day that you can do at the age of 18. However, a person who is 40 would have to put in Rs. 200 every month or Rs. 6.50 a day to get the promised amount of pension post-60.
Income
If you wish to sign up for this scheme, then you need to be making less than 15,000 rupees a month.
How to Avail of the Scheme?
If you are interested in this scheme, then I suggest you check out the guidelines mentioned below:
- Shramik Facilitation Centers are the offices of the Labor Department, LIC and EPFO.
- Workers are required to register at the Common Service Center (CSC).
- They need to bring their Aadhaar Card, Passbook of Bank Account: Savings or Jan Dhan and mobile number.
- The workers would be required to sign a consent letter that shall go into the bank.
Conclusion
In this article, we learnt how the worker class can utilise the Pradhan Mantri Shram Yogi Maandhan Yojana to get a pension worth Rs. 36,000 a year after their 60. Once you do all the formalities, the money shall get deducted from your account automatically.
I hope this article was helpful to you and you will share this article with people who actually need to know about this scheme.
Also Read:
NPS Scheme: Get ₹1 Lakh Pension By Investing ₹5,000 Monthly
