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Assistance amount PM Modi’s Pension Scheme for Retail Traders, Small Shopkeepers and eligibility

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PM Modi Traders Pension scheme features
The important features and highlights of Modi’s Traders Pension Scheme are as follows:

  1. Under PM’s Traders pension Scheme, all shopkeepers, retail traders and self-employed persons would be provided with an assured minimum monthly pension of Rs. 3,000.
  2. The traders and shop owners would start receiving this amount on attaining the age of 60 years.
  3. All small shopkeepers and self-employed persons as well as the retail traders with GST turnover below Rs. 1.5 crore would be eligible for enrollment.
  4. The age of the beneficiary must lie between 18 to 40 years.
  5. PM Trader’s Pension Scheme to cover 3 crore small shopkeepers and retail traders.
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