NEW DELHI, Jan 5:
The National Pension Scheme for Traders and Self-Employed Persons has failed to gain traction as only about 25,000 persons have opted for the scheme as against the government’s target to enrol 50 lakh by March-end.
As per government data, only 84 traders and self-employed persons from Delhi have registered for the scheme so far, while 59 persons from Kerala, 54 from Himachal Pradesh, 29 from Jammu and Kashmir and two from Goa have registered. No one has registered for the scheme in Lakshadweep and Mizoram.
Uttar Pradesh has the highest number of registrations with 6,765 persons, followed by Andhra Pradesh (4,781), Gujarat (2,915), Maharashtra (632), Bihar (583), Rajasthan (549), Tamil Nadu (309), Madhya Pradesh (305) and West Bengal (234).
The National Pension Scheme for Traders and Self Employed Persons (Pradhan Mantri Laghu Vyapari Maan-dhan Yojana) is a voluntary and contribution based central sector scheme.
The government launched the scheme, entailing monthly minimum assured pension of Rs 3,000 for the entry age group of 18-40 years after attaining the age of 60 years, with effect from July 22, 2019. Under the scheme, the Government makes matching contribution in the subscribers’ account. (PTI)
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