In the interim budget of 2019, finance minister Piyush Goyal announced the Pradhan Mantri Shram Yogi Mandhan Scheme. PM-SYM is a pension scheme for the workers under the unorganized sector of the economy. On 5th of March, Tuesday PM-SYM was launched at Vastral in Gandhi Nagar in Gujarat. The scheme aims to provide monthly pension of 3000 rupees to the employees of the unorganised sector after 60 years of age. PM-SYM pension cards were also distributed to select beneficiaries by the Prime Minister himself.
The government has initially set a target to benefit 10 crore workers of the unorganized sector.
While addressing the crowd, as per a report by Times Now, he said, “This scheme is aimed at the uplift of the section of society which has been ignored and left at the mercy of God. They (Congress) gave slogans of Garibi Hatao (end poverty). Some projected themselves as a messiah of workers. But during their tenure, they did not launch such a scheme”.