Prime Minister Narendra Modi on March 5, 2019 launched the Pradhan Mantri Shram Yogi Maan-dhan Yojana (PM-SYM), a mega pension scheme for unorganised sector, from Gandhinagar, Gujarat. The scheme was announced in the Interim Budget 2019.
The PM-SYM is a voluntary and contributory pension scheme that will benefit as many as 10 crore workers in the unorganised sector.
It will provide monthly pension of Rs 3000 to the employees of unorganised sector after 60 years of age.
Who: PM-SYM: PM Modi