Pradhan Mantri Shram Yogi Mandhan Yojana 2024 PMSYM Apply Online, Form, Benefits at official website maandhan.in
Pradhan Mantri Shram Yogi Mandhan Yojana
Pradhan Mantri Shram Yogi Mandhan Yojana is a significant government initiative in India that aims to provide social security to workers in the unorganized sector. This scheme ensures that these workers, who often lack access to formal retirement benefits, can secure their financial future during their old age.
Under this program, workers between the ages of 18 and 40 can enroll and contribute a small amount from their income on a monthly basis towards their pension fund. The government matches this contribution to build a substantial pension corpus. Once these workers reach the age of 60, they become eligible to receive a monthly pension, providing them with financial assistance and stability during their retirement years.
PMSYM
The scheme was launched by Finance Minister Shri Piyush Goyal on February 1, 2023, and began accepting applications from February 15, 2023. Online applications can be submitted through the official website, and so far, around 10 crore people have applied for the scheme.
The Pradhan Mantri Shram Yogi Mandhan Yojana is particularly beneficial for workers in the informal sector, offering them a safety net and promoting inclusive growth and social welfare across the country. By contributing as little as Rs 55 to Rs 200 per month, workers can secure a monthly pension of Rs 3000 after reaching 60 years of age, providing them with much-needed financial support during their retirement.
Beneficiaries of Pradhan Mantri Shram Yogi Mandhan Yojana 2024
- Fisherman
- Sweeper
- Domestic workers
- Vegetable and fruit seller
- Small and marginal farmers
- Landless agricultural laborer
- Leather craftsmen
- Migrant laborers
- Animal keeper
- Labeling and packing in brick kilns and stone quarries
- Construction and infrastructure workers
- Weaver, etc.
| Scheme | Pradhan Mantri Shram Yogi Mandhan Yojana |
| launched | 15 February 2019 |
| Beneficiary | Workers of UP State |
| Pension | Rs.3000 / month |
| Amount | Rs. 55 – Rs. 200 / month |
| Application mode | Online / Offline |
| Official website | maandhan.in |
How to Check Pradhan Mantri Shram Yogi Mandhan Yojana 2024 Online?
To check the status of your Pradhan Mantri Shram Yogi Mandhan Yojana 2024 application online, follow these steps:
- Visit your nearest Public Service Center (CSC).
- Ensure you carry important documents such as your mobile number, Aadhar card, and bank passbook.
- Submit all the necessary documents to the CSC officer.
- The CSC agent will assist you in filling out the application form.
- Remember to take a print copy of the request form for future reference.
Benefits of Pradhan Mantri Shram Yogi Mandhan Yojana 2024
This scheme provides several benefits to individuals working in the unorganized sector, including cab drivers, construction workers, cart pullers, domestic workers, block sanitation workers, and others. The key benefits are as follows:
- After reaching the age of 60, you will receive a monthly pension of Rs. 3000.
- The government will match the amount you contribute to the scheme.
- In the event of your demise, your spouse will receive half of your pension every month, and a lifetime payment of Rs. 1500 will be given.
- The pension amount will be directly credited to your bank account for easy access.
Eligibility Criteria for Pradhan Mantri Shram Yogi Mandhan Yojana 2024
Before applying for the scheme, keep in mind the following eligibility criteria:
- You must be between 18 to 40 years of age.
- Only workers from the unorganized sector are eligible to apply.
- The monthly income of the worker should not exceed Rs. 15,000 to be eligible.
- Applicants should not be enrolled under EPFO, NPS, or ESIC.
- An Aadhar card and mobile number are mandatory for application.
- The candidate must have a savings bank account.
- Individuals who pay income tax are not eligible to apply.
- Members of the National Pension Plan are not eligible to apply.