Govt launches ‘Swabalamban’ a new pension scheme for unorganised sector

2010 September 27

Finance Minister Pranab Mukherjee has launched a new pension scheme for workers in the unorganised sector.

After unveiling the programme at a function in Jangipur in Murshidabad district of West Bengal, he said, the scheme will help those who are not covered under any social security scheme.

Under the scheme named ‘Swabalamban’, the subscribers would get 1,000 rupees from the government each year for a subscription amount of 12,000 rupees per year.

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