PMSYM रजिस्ट्रेशन:- The government has introduced the Shram Yogi Mandhan Yojana to help unorganized sector workers facing economic challenges. This scheme offers pension to workers earning ₹15,000 or less monthly. Union Minister Piyush Goyal announced this initiative on 1st February. Workers like drivers, rickshaw pullers, cobblers, tailors, laborers, domestic workers, and kiln workers can benefit from this scheme, providing them financial security in their later years.
PMSYM Registration 2024
Contents
The Pradhan Mantri Shram Yogi Maandhan Yojana, effective from 15th February, provides a monthly pension of Rs 3000 to beneficiaries after they reach 60 years of age. To apply for this scheme in 2024, applicants must be between 18 to 40 years old. Those employed by the government, covered under Employees’ Provident Fund (EPF), National Pension Scheme (NPS), and Employees’ State Insurance Corporation (ESIC) cannot avail this benefit. Additionally, workers joining this scheme should not be income tax payers.
PMSYM Registration Overview 2024
| Scheme Name | Pradhan Mantri Shram Yogi Maandhan Yojana |
| Launched By | Finance Minister Mr. Piyush Goyal |
| Launched date | 1st February |
| Start date of scheme | 15th February |
| Beneficiary | 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 |
| Category | Govt. Scheme |
| Official website | https://maandhan.in/shramyogi |
Objective of Pradhan Mantri Shram Yogi Maandhan Yojana
The primary goal of PMSYM Yojana is to offer financial aid to unorganized sector workers, providing a monthly pension of Rs 3000 after they turn 60. This pension helps them meet their financial needs and lead a self-reliant life during old age. Through Shram Yogi Maandhan Yojana 2024, the Indian government aims to empower laborers and support those in need financially. Their commitment is to assist the underprivileged and labor force through various government schemes.
Benefits of PMSRY Maandhan Yojana
- Unorganized sector workers such as drivers, rickshaw pullers, cobblers, tailors, laborers, domestic servants, and brick kiln workers benefit from this scheme.
- Eligible beneficiaries receive a monthly pension of Rs 3000 after turning 60.
- The government matches your contribution to your PM Shram Yogi Maandhan Yojana account.
- After your demise, your wife receives half of the pension amount, i.e., Rs 1.5 thousand, for her life.
- The government’s Rs 3000 contribution is directly transferred from beneficiaries’ savings bank or Jan Dhan accounts using auto-debit.
- Unorganized sector workers aged 18 to 40 can apply for Shram Yogi Maandhan Yojana.
- Applicants must earn a monthly salary of ₹15000 or less to qualify.
- No other pension scheme benefits should be availed by the applicant.
- Beneficiaries will receive a monthly pension of ₹3000 starting at age 60.
- Investment in the scheme is required between ages 18 to 40 to receive the pension.
- Those paying taxes are not eligible for this scheme.
- Contributions can be made monthly, quarterly, half-yearly, or yearly.
- In case of the applicant’s death, 50% of the pension goes to the family nominee.
- No specific educational qualifications are needed to benefit from this scheme.
Benefits provided on withdrawal of Shram Yogi Maandhan Yojana
- If a beneficiary withdraws within 10 years, only their contribution with interest at savings bank rate is returned.
- After 10 years but before turning 60, withdrawn contribution with accumulated interest is given.
- If the contributor passes away, the spouse can continue the scheme by regular contributions.
- The fund is credited back after the subscriber and their spouse’s demise.
Main facts of Pradhan Mantri Shram Yogi Maandhan Yojana 2024
- Life Insurance Corporation of India oversees the Maandhan scheme’s implementation.
- Beneficiaries deposit monthly premiums at LIC offices and receive the pension from LIC upon completion.
- The pension is directly transferred to the beneficiary’s bank account.
- For more details, visit a nearby LIC office or the official website.
- As of May 6, approximately 64.5 lakh people have registered for the scheme.
Beneficiaries of Prime Minister Shram Yogi Maandhan Yojana
- small and marginal farmers
- landless agricultural laborer
- fisherman
- animal keeper
- Labeling and packing workers in brick kilns and stone quarries
- construction and infrastructure workers
- leather artisan
- weaver
- sweeper
- domestic workers
- vegetable and fruit seller
- migrant laborers etc.
Eligibility For PM Shram Yogi Maandhan Yojana
- The applicant must work in the unorganized sector.
- Monthly income should not exceed Rs 15,000.
- Age requirement: 18 to 40 years.
- Should not be an income tax payer.
- Not covered under EPFO, NPS, and ESIC.
- Requires a mobile phone, Aadhaar number, and a Savings Bank Account.
Required Documents
- Aadhar card
- identity card
- bank account passbook
- Postal address
- mobile number
- passport size photo
How to Apply for Pradhan Mantri Shram Yogi Maandhan Yojana?
- Interested beneficiaries go to the nearest public service center with documents: Aadhar Card, Bank Passbook, and Mobile Number.
- Submit documents to the CSC officer at the center.
- CSC Agent helps fill out the form and provides a printed Application Form to the applicant.
- Keep the printout safe for future reference.
- Following these steps completes the application process for the PMSYM Scheme.
Conclusion
In conclusion, the PMSYM Registration 2024 for Pradhan Mantri Shram Yogi Maandhan Yojana signifies a significant stride towards securing the future of unorganized sector workers. The streamlined online application process empowers interested beneficiaries to easily register, ensuring financial stability post-retirement. By merging simplicity with inclusivity, the scheme transforms the lives of countless workers. Through this initiative, the government reaffirms its commitment to the welfare of the labor force, fostering a future where financial security and dignity in retirement are not just aspirations, but tangible realities for every eligible worker.
FAQ’s
What is PMSYM Registration 2024?
PMSYM Registration 2024 refers to the online application process for Pradhan Mantri Shram Yogi Maandhan Yojana, a government initiative for unorganized sector workers.
Who can apply for PMSYM 2024?
Unorganized sector workers aged 18 to 40 with monthly income below Rs 15,000 can apply.
What documents are needed for the registration?
Documents like Aadhar Card, Bank Passbook, and Mobile Number are essential for the registration process.
How can I apply online for PMSYM 2024?
Visit the official website, fill out the application form with necessary details and upload required documents to complete the online application.
Is there an application fee for PMSYM Registration 2024?
No, there is no application fee for registering under the PMSYM scheme.
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