Home minister Shah terms as 'landmark' the pension scheme for retail traders

Image
Press Trust of India New Delhi
Last Updated : May 31 2019 | 11:10 PM IST

Union Home Minister Amit Shah Friday described as "landmark" the Modi government's decision to launch a new pension scheme for shopkeepers and retail traders.

Shah, who took oath as a central minister Thursday, also said in a series of tweets that farmers and poor have always been a priority for the Modi government.

"In its efforts to provide universal social security, the Modi government has taken a landmark decision and approved a new scheme, which assures all shopkeepers, retail traders and self-employed persons a minimum monthly pension of Rs 3000 per month after the age of 60 years," he tweeted.

Shah said as promised, Prime Minister Narendra Modi has extended the PM-Kisan Yojana to all farmers.

The Cabinet has also approved a new scheme "Pradhan Mantri Kisan Pension Yojana" to provide pension to crores of small and marginal farmers, he said.

"I congratulate PM @narendramodi ji for approving major changes in the PM's Scholarship Scheme under the National Defence Fund. It reflects Modi government's sensitivity and commitment towards ensuring well-being of those who protect our nation against all odds," Shah tweeted. PTI ACB
http://ptinews.com/images/pti.jpg
We bring the World to you"
http://ptinews.com/images/pti.jpg
We bring the World to you"

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 31 2019 | 11:10 PM IST

Next Story