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Govt launches social security cover for unorganized workforce

FM Piyush Goyal on Friday announced the launch of Pradhan Mantri Shram Yogi Mandhan (PMSYM) scheme to provide social security cover to the unorganised workers. The scheme will provide an assured monthly pension of Rs 3,000 after 60 years of age. The scheme will attract matching contribution of Rs 100 per month from government as well as from workers. The scheme is expected to benefit 10 crore workers in next five years.

Original Clues by NC News date : 1 Feb 2019, Friday

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