[Apply] PM Laghu Vyapari Mandhan Yojana 2021 Online Registration Form / Status at maandhan.in

During the pandemic, several entrepreneurs have faced difficult times. This includes merchants and traders, whose entire business model functions primarily on logistics of goods and commodities, and with lockdowns in action, any and every form of movement restriction obstructed influx of income to their houses as well. 

Traders and merchants often found themselves nearing bankruptcy on occasions more than one throughout the entire phase of the lockdown, and therefore, the government of India is launching the Pradhan Mantri Laghu Vyapari Mandhan yojana 2021 – a pension scheme designed for retail traders and small shopkeepers who have been drastically and negatively impacted by the lockdown and its after-effects. 

About the scheme

The scheme invites retail traders and small shopkeepers to fill in the PM Laghu Vyapari Maan Dhan yojana forms and register to the scheme so that they can avail a pension of ₹3,000 per month. 

The benefits of the scheme could be availed by those who are self-employed shop owners and other types of vyaparis or merchants in the age group 18-40 years. They would have to pay a meagre premium to enrol for the scheme and the range of the premium stands between ₹55 to ₹200 depending on the age of the trader or merchant. The payment of premium for the scheme comes with an option of auto-deduction from the bank account. 

India as a country reveres its traders and commercial experts. Therefore, bearing their good interests in mind, the government is primarily focused on the betterment of traders who are known to be quite essential for the economic growth of the country. 

The implementation of the scheme will ensure the social security of small shop owners whose annual turnover is below ₹1.5 crores. The primary objective of the scheme is to ensure a robust architecture of universal social security in the country. 

Online registration for the scheme

  • Visit the official website https://maandhan.in/vyapari
  • On the homepage, click on the “Click here to apply now” option link to open the page shown here
  • Here, people can choose the process of registration either to be “Self Enrollment using Mobile number and OTP” or “CSC VLE using CSC connect”
  • For the enrolment, the applicant would have to log in as shown here:
  • On entering the mobile number, PM Karam Yogi Mandhan yojana registration page will appear as shown here:
  • Once done, a dashboard will open containing the names of schemes
  • The applicant has to choose the enrolment option and select the scheme name to open the subscriber enrollment form for the National Pension scheme for traders and self-employed persons
  • The applicant would then have to complete the details accurately to avail pension scheme benefits under the PM Karam Yogi mandhaan scheme

Summing it up

Over the year, traders and small shop owners have had it rough for themselves. Lockdowns meant that there was no business for these vendors, which attacked their savings right away, depleting it day by day. 

The implementation of this scheme ensures their social welfare now and even in the future.

Similar Yojanas

Prime minister-launched schemes in India

Over the years of Indian Politics, many prime ministers have implemented schemes and welfare initiatives. These schemes are mainly funded by the central government of India and also by the state governments. Atal Bihari Vajpayee, Manmohan Singh, Rajiv Gandhi, and Narendra Modi have worked for the betterment of society.

One unique aspect of the schemes is their catchy names, such as Swachh Bharat Mission and Smart Cities Mission. The names have much more attention from masses. The government of India under the influence of prime ministers has doubled many of its flagship schemes and programs. Recently, on May 31, 2019, the government declared to extend PM Kisan Samman Nidhi. The scheme was originally available to only some categories of farmers; it has now been made available to all farmers in the country. Under this scheme, farmers are annually paid Rs. 6,000 in three installments. Over 145 million people would be benefitted from this. Launched by September 2018, PM Jan Arogya Yojana would be targeting 107 million people. New Jal Shakti Ministry has been announced with the aim of availing piped water to all Indian families by 2024. Schemes have also been launched for better skill-training activities and entrepreneurship, such as Skill India Mission and Make in India Mission. The National Rural Employment Guarantee Act was launched in 2005 for social security purposes, promising livelihood and employment to rural areas.

There are many pension-related schemes for our country’s farmers, traders, and entrepreneurs. Startup India is one of the flagship initiatives launched for strengthening startup culture and professional ecosystem. While prime ministers-launched schemes have done the best to fix agricultural crisis, employment and investment are expected to be next on the government’s agenda.