Govt to undertake special drive to enrol traders under PM-LVMY pension scheme

18/10/2019

SRINAGAR, OCT 17: A special mobilization drive shall be undertaken by the government for enrolment of eligible traders, shopkeepers and self-employed persons under Pradhan Mantri Laghu Vyapari Maan Dhan Yojana (PM-LVMY) in Jammu and Kashmir.
The PM-LVMY is a voluntary contributory pension scheme for retail traders in the age-group of 18-40 years with annual turnover not exceeding Rs 1.5 crore. To avail the benefits of the pension scheme, a subscriber will have to deposit a nominal monthly subscription ranging from Rs 55 to Rs 200 depending on the entry age.

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