The scheme launched by the Centre for the unorganised sector workers. The scheme was launched as part of a broader plan for financial inclusion.
1. As per the scheme, the central government will contribute Rs. 1,000 a year for four years to every Swavalamban account holder who can deposit up to Rs. 12,000 a year into his pension account.
2. Reportedly only about 13% of the working population in our country is eligible for some kind of retirement pension.
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