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Farm Pension Scheme to be Launched by PM Next Month

July 30, 2019

Farm Pension Scheme to be Launched by PM Next Month

According to some senior officials, the government is likely to start the enrolment for the much-awaited pension scheme for farmers called Pradhan Mantri Kisan Mandhan Yojana from August 1. This will serve as a soft launch of the scheme, although they said that PM Narendra Modi will officially announce the scheme in his Independence Day speech. They also said that as many as 4-5 million registrations shall be completed till then.

Under the PM Pension Yojana, farmers can contribute ₹100 per month to avail a fixed monthly pension income of ₹3,000 on the attainment of 60 years.

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