Pradhan Mantri Laghu Vyaparit Maan Dhan Yojana – Complete Detail

Pradhan Mantri Laghu Vyaparit Maan Dhan Yojana -The Central Government has launched its new ambitious scheme Pradhan Mantri Laghu Vyaparit Maan Dhan Yojana. This scheme was launched by the Indian Prime Minister Narendra Modi in Ranchi on Thursday, 12, 2019. This is an initiative of the government to provide a monthly pension to the small traders. This scheme is also called social security scheme. Under this scheme, the government will provide a monthly pension of Rs. 3000/- to the small traders after the age of 60 years.

Objective of Pradhan Mantri Laghu Vyapari Maan Dhan Yojana

The government has launched this scheme with an objective to provide social security to the small traders. Under this scheme, the government will provide a monthly pension of Rs. 3000/- to the small traders after the age of 60 years. Only those people can apply for this scheme whose age is between 18 to 40 years. According to the scheme, the people will have to pay a nominal contribution which will be based on the age of the beneficiary.

Benefits of Pradhan Mantri Laghu Vyapari Maan Dhan Yojana

  • As per the scheme, about 3 crore retail traders, shopkeepers, and self-employed people will be benefited from this scheme.
  • The government will give a monthly pension of Rs. 3000/- after the age of 60 years.
  • The people have to give a nominal contribution on the basis of their age.
  • The government will also give an equal contribution under this scheme.
  • Upcoming 3 years about 5 crore people will be added under this scheme.

Eligibility Criteria for Apply Pradhan Mantri Laghu Vyapari Maan Dhan Yojana

  • The applicant age must be between 18 – 40 years old.
  • The annual turnover of the retail traders, shopkeepers, and self-employed people should be less than 1 crore.

How to Apply for Pradhan Mantri Laghu Vyapari Maan Dhan Yojana

The people can take the benefit of the scheme, the applicants can apply for this scheme through the registered common service centers (CSC) at the nearest location. For the registration of the scheme, the applicant will have to a nominal application fee.

Other Important links

For more information, you can also read government-issued notification –

https://labour.gov.in/sites/default/files/207531.pdf

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