Mega pension Scheme (Yojana)
For both the organized and unorganized sector and the beneficiary will get 3000/-INR per month after completing 60 years of age.
The modi government has started a new pension Yojana which covers both organized and unorganized sector individuals having a monthly income of less than or equal to Rs.15,000/- and the beneficiaries will get a monthly pension of Rs. 3000/-after reaching the age of 60 years.
The government of India has announced a scheme in their budget 2019 that is known as Pradhan Mantra Shram –Yogi Maan Dhan Yojana. The mega pension scheme was aimed to covers the citizens of India who have served in India organized or unorganized sector and they will get pension after they cross the age of 60. In mega pension yojana, every individual beneficiary will get an amount of three thousand rupees monthly.
The beneficiaries of the scheme will have to deposit a minimum amount of Rs. 55/- monthly starting from the age of 18 years. the candidates who are working in an organized sector and joining the yojana at 29 years of age, have to pay an amount of Rs. 100 before they attain an age of 60 years.
For this mega pension scheme, an allocation of around five hundred crores has been dispensed in Indian budget 2019 and the additional fund will be given if needed. The scheme has already implemented this current financial year. This pension yojana is an extension to already prevalent Atal Bihari Yojana and NPS Swalamban, also known as NPS-LITE.