Mega Pension Scheme

It was launched by Prime Minister Narendra Modi on 5 Mar 2019.
Ministry: Minister of State (Independent Charge) of Labour and Employment.
Santosh Kumar Gangwar is the Minister of State (Independent Charge) of Labour and Employment.
Key Person: Santosh Kumar Gangwar
About Pradhan Mantri Shram-Yogi Maan Dhan Yojana announced in budget 2019. It covers people in both organised and unorganised sectors with monthly income up to Rs 15,000 and assures monthly pension of Rs 3000 once they attain the age of 60. They will have to pay a minimum contribution of Rs 55 starting from the age of 18.
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