Ministry Of Labour And Employment

Question 1

Pradhanmantri laghu vyapari Mandhan Yojana

PMLVMY

Answer 1

provide pension to micro/small businessman

Eligibility:

• Age between 18 to 40 years.
• Annual turnover not exceeding 1.5 CR
• Should not be a member of NPS/ ESIC /EPFO/PM-SYM(shram yogi mandhan)/ income Tax payer
• 3000 after age of 60
• 50% premium contribution by laghu vyapari
• Pension fund will be administered by LIC

Question 2

Labour Ministry launches ‘Donate-a-Pension’ initiative under PM-SYM
(Pradhan Mantri Shram Yogi Maan-Dhan Yojana)

Answer 2

‘Iconic Week’ celebration observed from 7th to 13th March 2022;
eligible unorganized workers;
The donation amount for a year is minimum Rs. 660 and maximum up to Rs. 2400 depending on the age of the beneficiary