India, March 4 -- The Government of India issued the following news release:
Introduction
Pradhan Mantri Shram Yogi Maandhan (PM-SYM), is a voluntary and contributory pension scheme launched by the Government of India to provide social security to unorganised workers. This scheme ensures a minimum monthly pension of rs 3,000 after the age of 60 for workers who belong to the unorganised sector and have a monthly income of up to rs 15,000. The scheme is a tribute to the workers in the Unorganized sectors who contribute around 50 per cent of the nation's Gross Domestic Product (GDP).
Unorganized Workers are mostly engaged as home-based workers, street vendors, mid-day meal workers, head loaders, brick kiln workers, cobblers, rag pickers, do...