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Minimum Pension Scheme : Unstarred Question in Loksabha

Minimum Pension Scheme

(a)whether the Government is considering to increase the Minimum Pension Scheme to improve the living standard of families of people working in unorganised sector of the country;
(b)if so, the details thereof; and
(c)the number of workers likely to benefit from this scheme, State-wise?

To know the answer of above questions reg. Minimum Pension Scheme please see below the full text of Loksabha Unstarred Question No. 310.

GOVERNMENT OF INDIA
MINISTRY OF LABOUR AND EMPLOYMENT
LOK SABHA
UNSTARRED QUESTION NO: 310
ANSWERED ON: 24.06.2019
Minimum Pension Scheme
Ajay (Teni) Misra

Will the Minister of LABOUR AND EMPLOYMENT be pleased to state:-

(a)whether the Government is considering to increase the Minimum Pension Scheme to improve the living standard of families of people working in unorganised sector of the country;
(b)if so, the details thereof; and
(c)the number of workers likely to benefit from this scheme, State-wise?

ANSWER

MINISTER OF STATE (IC) FOR LABOUR AND EMPLOYMENT
(SHRI SANTOSH KUMAR GANGWAR)

(a) to (c): Ministry of Labour and Employment is not implementing any Minimum Pension Scheme. Recently, Ministry has launched Pradhan Mantri Shram Yogi Maan-dhan Yojana, which is a contributory pension scheme for providing monthly minimum assured pension of Rs. 3000 on attaining the age of 60 years. The unorganised workers in the age group of 18-40 years whose monthly income is Rs. 15000/- or less and not a member of EPFO/ESIC/NPS can join the scheme. Under the scheme, the 50% monthly contribution is payable by the beneficiary and equal matching contribution is paid by the Central Government.

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Source: Loksabha

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