MMPSY Scheme

The Scheme will cover all EWS families with an income of up to Rs1,80,000/- and with land holdings up to 2 Hectares, along with small businessmen with an annual turnover up to 1.5 Cr. Each Family covered under the scheme will be eligible for benefits of Rs 6000 per year, which will be utilised for payment of the beneficiary share MMPSY of the centrally sponsored schemes for Pension and Insurance. The amount left unspent in the Family account will be invested into a Family Provident Fund, the account statement of which will be available online along with details of the interest thereon. The following centrally sponsored schemes will be covered under the initiative:

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