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Home Personal Finance Good news! You can get pension benefits from PM Kisan Yojana, you...

Good news! You can get pension benefits from PM Kisan Yojana, you will get Rs 3,000 every month, know how

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Under the Pradhan Mantri Shram Yogi Maandhan Yojana, pension will be provided by the government to all the small and marginal farmers of the country to live in old age. This scheme was launched on 31st May, 2019.


Pradhan Mantri Shram Yogi Maandhan Yojana: To help the farmers, the central government has run many schemes. Among them, PM-Kisan Samman Nidhi Yojana and PM Shram Yogi Maandhan Yojana are very popular. Under the Pradhan Mantri Kisan Samman Yojana, farmers of the country are given financial assistance of Rs 6000 every year. Pradhan Mantri Shram Yogi Maandhan Yojana is a pension scheme for farmers and workers. Under this, a pension of Rs 36,000 per annum is given to the beneficiary after 60 years.

The biggest advantage of PM-Kisan Samman Nidhi Yojana is that under this, farmers can directly register themselves in PM Shram Yogi Maandhan Yojana without any paperwork. After all, what is PM Shram Yogi Maandhan Yojana and how can it be taken advantage of. It is being told in detail here.

Under PM Shram Yogi Maandhan Yojana

Pension will be provided by the government to all the small and marginal farmers of the country to live in old age. This scheme was launched on 31st May, 2019. Under PM Maandhan Yojana, farmers are given a pension of Rs 3000 every month on completion of 60 years of age. Under this scheme, if the beneficiary farmer dies, the beneficiary’s wife will be given Rs 1500 per month.

Premium to be deposited every month

The age of registration under the Pradhan Mantri Shram Yogi Maandhan Yojana has been fixed from 18 years to 40 years. After registration, the farmer will have to deposit the premium every month. The farmer who has attained the age of 18 years will have to pay a premium of Rs 55 per month. Whereas, the farmer who has attained the age of 40 years will have to deposit a premium of Rs 200. In this, after attaining the age of 60, a pension of Rs 3,000 is available every month.

Under this scheme, 50 percent premium is paid by the farmer and the remaining 50 percent premium is paid by the government. Under this scheme, Life Insurance Corporation acts as the nodal agency.

How to register

If you are a farmer and you are taking advantage of PM-Kisan Samman Nidhi, then you will not need any kind of paperwork for registration in PM Shram Yogi Maandhan Yojana. The premium paid every month for the pension scheme will also be deducted from the government assistance coming under the Samman Nidhi.

To get registered in PM Shram Yogi Maandhan Yojana, you can go to your nearest Public Service Center (CSC) and get it registered. You can also register yourself by visiting the website of Kisan Maandhan Yojana https://maandhan.in/shramyogi.

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