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04Feb 2025

PM-SYM: Social Security Boost for Unorganized Workers

Why in the news? The Pradhan Mantri Shram Yogi Maandhan Yojana received a 37% budget allocation increase for 2025-26, highlighting the government’s commitment to securing financial stability for millions of workers in India’s unorganized sector. Key Features of PM-SYM: Pension Assurance: Provides ₹3,000 per month after the subscriber reaches 60 years of age. Contribution Model: …

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