PM Karam Yogi Maandhan (PMKYM) Scheme (Or) Laghu Vyapari Mandhan Yojana :

PM Karam Yogi Maandhan (PMKYM) Scheme (Or) Laghu Vyapari Mandhan Yojana :

 

Central govt  has launched Pradhan Mantri Karam Yogi Maandhan (PM-KYM) Scheme or Laghu Vyapari Mandhan Yojana to provide assured monthly pension to retail traders and small shopkeepers. PMKYM universal social security scheme to provide Rs. 3,000 p.m to traders and shop owners as announced in Union Budget 2019-20. This pension amount under PM Karam Yogi Maan Dhan Scheme would be provided on attaining the age of 60 years. Around 3 crore retail traders and shop keepers would be benefited from PM Karmayogi Mandhan Yojana in India.

India has rich tradition of trade and commerce, so govt. is primarily focusing on traders betterment which is essential for India’s economic growth. This PM Karam Yogi Maandhan Scheme will ensure social security of small shop owners whose annual turnover is below Rs. 1.5 crore.

Eligibility:

-          Only small shopkeepers, traders in the age group of 18 to 40 years are eligible.

-          The applicant must not be an existing beneficiary of EPFO, ESIC, NPS, PM-SYM schemes or an income tax payee.

-          National Pension Scheme for Traders and Self Employed Persons Yojana is a government scheme meant for old age protection and social security of Shopkeeper’s, Retail traders and Self Employed persons.

Documents Required:

-          Aadhaar and bank account.

How to apply:

-          For online visit the official website at https://maandhan.in/vyapari

-          For offline visit Common Service Centres (CSCs)