PMSM pension scheme losses for low wage people :

The PMSBY scheme was implemented on February 15, 2019. The finance minister Piyush goyal said there are 10 crore labourers and people in the unorganized sector who can get the benefit of the scheme. The scheme will be available for five years.

PMSYM guarantees a 3000 pension to the labourers and the workers. The age should be above 60- years. Rickshaw pullers, workers, and many others can avail these benefits. In Nadir 1,30,120 in the year 2020-2021 has been increased from the 15,91,1964. These are some of the unorganized people in the pandemic.

If the workers are between the age of 18-40 years then you can get around 15000 in a month. If a worker is 18 years of age then they can get 55 rupees and when they become 60 years then they can get 3000 rupees.

As the PMSM is implemented in the year 2019-2020 there are many interim benefits in these pension schemes. 

As the labourers were of the 44,94,864 you can get enrolments till march 31, 2021. as there are only 27,72,78- workers enrolled in march 31,2019. 

As the XLRI professor said there are both employed and unemployed you can get these benefits at any time. There are many other similar schemes like PMLV. This has also many benefits in the year 2019 and July 22. There are nearly 1.5 crore people between the age of 18-40 years.



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