The Pradhan Mantri Shram Yogi Maan-dhan Yojana pertains to which one of the following?
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Pensions for workers of unorganised sector.
The Pradhan Mantri Shram Yogi Maan-dhan Yojana (PM-SYM), launched in 2019, is a voluntary, contributory pension scheme for workers of the unorganised sector, such as street vendors, rickshaw pullers, construction and domestic workers. A worker aged 18 to 40 with a monthly income of up to ₹15,000 pays a small monthly amount, the Central government adds an equal amount, and from the age of 60 the worker gets a pension of ₹3,000 a month.