CURRENT AFFAIRS

Detailed explanation-1: -Pension Scheme for Traders grants all a minimum of Rs. 3000 per month to shopkeepers, retail traders and self-employed individuals.

Detailed explanation-2: -The National Pension Scheme for Traders and Self Employed Persons Yojana (Pradhan Mantri Laghu Vyapari Maan-dhan Yojana) is a pension scheme for shopkeeper’s/ retail traders and self-employed persons for providing monthly minimum assured pension of Rs 3000/- for the entry age group of 18-40 years.

Detailed explanation-3: -It is a voluntary and contributory pension scheme, under which the subscriber would receive a minimum assured pension of Rs 3000 per month after attaining the age of 60 years and if the subscriber dies, the spouse of the beneficiary shall be entitled to receive 50 per cent of the pension as family pension.

Detailed explanation-4: -Prime Minister Shri Narendra Modi will inaugurate a two-day event titled “PM Kisan Samman Sammelan 2022” on 17th October 2022 at Mela Ground, IARI, Pusa, New Delhi. On this occasion, Shri Modi will release Rs. 16,000 Crores under the PM-KISAN flagship scheme as 12th instalment through Direct Benefit Transfer.

Detailed explanation-5: -Ministry of Labour & Employment has launched “National Pension Scheme for Traders, Shopkeepers and Self-Employed Persons” on 12.09. 2019. It is a voluntary and contributory pension scheme. Enrolment to the scheme is done through the Common Service Centres with its network of 3.50 lakh Centres across the country.