Ministry of Labour and Employment – Government of India’s scheme for National Pension Scheme for Traders, Shopkeepers and self employed persons
The Ministry of Labour and Employment in the Government of India is administering the Central Sector Scheme namely, the National Pension Scheme for
Traders, Shopkeepers and Self- Employed Persons, 2019 (hereinafter referred to as the Scheme)
It aims at providing pension to the small traders, shopkeepers, and self-employed persons to ensure their old age protection;
The Scheme is implemented through the Life Insurance Corporation of India and Common Service Centres – Special Purpose Vehicle (hereinafter referred to as the Implementing Agencies);
The Scheme aims at providing pension support to the persons who are primarily small shopkeepers or retail traders, self-employed persons, small rice mill owners, oil mill owners, atta chakki owners, workshop or garage owners, commission agents, brokers of real estate, owners of small restaurants, etc.