Central government introduces PM Laghu Vyapari Mandhan Yojana, an initiative aimed at providing a safety net for retail traders and self-employed individuals. This pension scheme is designed to benefit a broad spectrum of traders, including shopkeepers, through its systematic approach towards savings and retirement planning.
Online Registration for PM Karam Yogi Maan Dhan Scheme
The PM Laghu Vyapari Mandhan Yojana has opened doors for online registrations at maandhan.in. Eligible individuals can now enrol and avail a monthly pension of Rs. 3,000. The registration form asks for personal details, including date of birth, Aadhar number, mobile number, and email ID.
Understanding the Scheme’s Premium Structure
Subscribers within the age bracket of 18 to 40 years are required to pay a premium that varies between Rs. 55 to Rs. 200 based on their age. The premium amount can be auto-debited from the subscriber’s bank account, simplifying the payment process.
The Benefits: Traders Pension Scheme
PM Laghu Vyapari Mandhan Yojana comes as a boon for small shop owners and retail traders with an annual turnover below Rs. 1.5 crore. This scheme offers a universal social security structure, ensuring a steady income post-retirement. Approximately 3 crore retail traders and shopkeepers across India are expected to benefit from this scheme.
The Registration Steps: Online and Offline
The registration process for PM Laghu Vyapari Mandhan Yojana is user-friendly. Applicants can register themselves through the official website, or they can opt for self-enrolment. The online registration process consists of a series of steps, starting from visiting the official website to enrolling in the preferred scheme. For offline applications, individuals can approach any common service centre (CSC) and complete the registration process.
This initiative by the central government highlights their dedication to providing social security to a vital sector of the economy. The PM Laghu Vyapari Mandhan Yojana is a step towards ensuring a secure and worry-free retirement for India’s traders and self-employed individuals.
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER.
