There are countless people in the country who earn their living by doing daily wage. They do not have any fixed means of depositing funds for the future. The salary of such people is also not fixed, so there is no pension arrangement.
But, such poor laborers get the facility of pension through a special scheme of the Government of India. Let us know, which scheme is this and how to get pension in this scheme. Also, it is vitally important to know how much money has to be deposited in it. This scheme can prove to be a boon for poor laborers.
Poor laborers will get ₹ 3000 monthly pension
In the year 2019, the Prime Minister of the country Narendra Modi launched the Pradhan Mantri Shram Yogi Maandhan Yojana for laborers working in unorganized sectors of the country. Under this scheme, laborers are given a pension of ₹ 3000 every month by the government after the age of 60.
So far, 30 crore unorganized sector workers of the country have applied to avail benefits through this scheme. This scheme is a commendable effort to provide economic security to poor laborers in old age.
Which workers will get the benefit of pension
The Pradhan Mantri Shram Yogi Maandhan Yojana has launched by the Indian government gives benefits to the labour workers of the unorganized sector. These include laundrymen, rickshaw pullers, farmers, construction workers, brick kiln workers, garbage pickers, workers in other people’s houses, landless laborers, cobblers, head load workers, mid-day meal workers, all workers of the unorganized sector can apply in this scheme. If you also fall into any of these categories, then this scheme is a golden opportunity to secure your future.
How much money will have to be deposited
Under the Pradhan Mantri Shram Yogi Maandhan Yojana, to get total pension after the age of 60 years, workers are now required to apply between the age of 18 to 40 years. That is, it is necessary to contribute to the scheme for at least 20 years. If a person starts investing in the scheme at the age of 18, then he will have to deposit ₹ 55 every month for a pension of ₹ 3000.
At the same time, if a person starts investing in the scheme at the age of 40, then he will have to deposit ₹ 200 every month. Let us tell you that an amount equal to the amount deposited by the worker is also deposited in the scheme by the government. This is an amazing scheme which helps poor laborers to live a respectable life in their old age.