The record
Written from the 1 report below. Nothing here is unsourced.
- Women make up 53.1 per cent of subscribers under the Pradhan Mantri Shram Yogi Maandhan pension scheme, with over 54 lakh informal sector workers enrolled in total, according to the Ministry of Labour and Employment's statement in Lok Sabha.
- The scheme offers a ₹3,000 monthly pension from age 60, with the government matching subscribers' contributions, and the government's matching share so far is ₹2,011.01 crore.
- Since the scheme began in February 2019, pension payouts will start no earlier than February 2039.
- The ministry also said over 31.82 crore unorganised workers are registered on the eShram portal, which now acts as a one-stop solution for accessing social security schemes.
What to watch next
- Progress on retaining subscribers, given accounts can go inactive due to missed contributions and the revival period was extended to three years
- Whether women's share of enrolment continues to grow as awareness drives and CSC incentives continue
- Preparations as the first pension payouts approach from February 2039
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Named India · Common Service Centres · Employees' Provident Fund Organization · Employees’ State Insurance Corporation · eShram · Lok Sabha · Ministry of Labour and Employment · National Pension System · Pradhan Mantri Shram Yogi Maandhan · Shobha Karandlaje
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