From time to time, the central government runs various schemes for all sections of the country. The purpose of these schemes is to make the future of the people bright. In this sequence, the central government has come up with a great scheme for small traders.
Under this scheme, there is a provision of pension after the age of 60 for small shopkeepers and self-employed. The name of this scheme is NPS Traders Scheme. However, only labor cardholders will be able to take advantage of this scheme. The scheme has been started for small shopkeepers, retail, and small-scale self-employed people in rural areas.
These people will get the benefit of the scheme
# Any citizen between the age of 18 to 40 years can apply for this scheme.
# The applicant should not be part of any other scheme as well as he should be living below the poverty line
# No one is doing a government job in the applicant's house.
Here are the conditions
To register in this pension scheme, the annual turnover of the businessman should be less than 1.5 crore rupees. Let us tell you that this is a voluntary scheme in which you can open your account if you want. After 60 years of age, you will be given a minimum pension of 3000 rupees every month.
The nominee will get money after death
If the person registering dies due to any reason, then 50% of the pension will be given as a family pension to the nominee spouse made on behalf of the beneficiary. That is, if the beneficiary used to get a pension of 3000 rupees, then now his spouse will be given a pension of 1500 rupees.
For more information related to this scheme, you can log on to labor.gov.in and maandhan.in.
This document is necessary
# For NPS Enrollment, you must have Aadhar Card and Savings Bank Account.
# Must have Jan Dhan account number.