PM Pension Scheme For Traders, Small Shopkeepers has been announced by the Honorable Prime Minister Mr Narendra Modi on 31st June 2019. Any Shopkeepers and retail Trader who are registered under the GST and their annual turnover is up to 1.5 crore may apply for PM Pension Scheme For Traders. New Prime Minister Pension Scheme will cover more 3 crore beneficiary. The Enrollment process for Small Retail traders and shopkeeper will take place through 3.2 lakh CSC Centers. PM Pension Scheme For Traders will Provide Rs 3000 Pension to the beneficiaries after attaining the age of 60 years.
Objective Small Traders Pension 2019
Central Government wants to empower the Citizen in old age and make them self dependent. To fill this target Modi Government has started Rs 3000 Monthly Pension Scheme for Traders. This is an equal pension premium Contribution Scheme. Central Government will make matching contribution in beneficiary account.
Modi Pension Scheme for Shopkeeper & Traders
Small Shopkeepers and Traders Pension Scheme is a pre election Promise of Modi Government. Now after winning the 17 Lok Sabha Election with Majority Modi 2.0 Government has announced PM Pension Scheme For Traders in the First Cabinet Meeting. The application form of Traders Pension Scheme will be accepted through online mode and it is necessary to link Aadhaar Card with Bank Account.
Highlights of Modi Pension Scheme For Traders
|Scheme Name||PM Pension Scheme For Traders|
|Launched by||PM Narendra Modi|
|Launched Date||31st May 2019|
|Start to enroll||Available Soon|
|Last date to enroll||Not yet Declared|
|Beneficiary||Small Traders and Shopkeepers|
|Benefits||Rs 3000 after 60 years age|
|Number of beneficiary||3 crore|
|Mode of Application||Online|
|Apply Online Website||3.2 Lakh CSC Center|
- GST Registration Number
- Aadhaar Card
- Bank Account Passbook
- For the initially Stage it will be Rs 55 (18 years old Beneficiary)
- Maximum 200 (40 Years old beneficiary)
Silent Features of Rs 3000 Traders Pension Scheme
- This is 50 percent government contribution Scheme.
- The nodal Agency for implementation of Scheme is LIC.
- Pension will be provided after the age of 60 years
- This Pension Amount will be transferred in direct bank account on monthly basis.
- Your Aadhaar Card must be linked with your Bank Account Number.
- Minimum Age Limit is 18 years
- Maximum Age Limit is 40 years
How to Apply Online PM Pension Scheme For Traders
The Enrollment form for Prime Minister Small shopkeepers & Traders pension Scheme will be invited through Common Service Center (Login). Any person who want to apply for Modi Small Shopkeeper Pension Scheme visit to the nearest CSC Center and submit their all form to the VLE Agent for doing your enrollment under the Scheme.