Economics • Indian EconomyEasy
The 'PM-SYM' (Pradhan Mantri Shram Yogi Maan-dhan) scheme is primarily designed to provide which of the following benefits to unorganised workers?
A. Free medical insurance up to 5 lakh rupees
B. Assurances of a minimum assured monthly pension after attaining the age of 60 years✓ Correct Answer
C. Subsidized housing loans in urban centers
D. Free vocational training for skill development
💡 Solution & Explanation
The Pradhan Mantri Shram Yogi Maan-dhan scheme is a central sector initiative launched in 2019 to guarantee a minimum monthly pension of 3000 rupees to unorganised workers upon attaining the age of 60 years. It operates on a matching contribution model between the beneficiary and the central government. This scheme is regularly featured in questions concerning social security measures in Indian economic surveys.
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