Q. Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Yojana is administered by which ministry?
Answer: Ministry of Labour and Employment
Notes: The Pradhan Mantri Shram Yogi Maandhan (PM-SYM) Yojana offers a monthly pension for unorganized sector workers after 60 years of age. It ensures a minimum ₹3,000 monthly pension for workers earning up to ₹15,000. The scheme is aimed at the unorganized workers contributing around 50% of India's GDP, including street vendors, domestic workers, and agricultural workers. Over 30.51 crore unorganized workers are registered on the e-Shram portal as of December 2024. It was launched in the Interim Budget 2019. PM-SYM is administered by the Ministry of Labour and Employment with with Life Insurance Corporation of India (LIC) and Common Service Centres e-Governance Services India Limited (CSC SPV) for implementation.

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