There are better options for long term investment in government schemes. There is every possibility of getting great returns in it.
In this era of corona virus, there is an atmosphere of economic lethargy all over the world. Meanwhile, many investors are wandering in search of better investment. If you are also looking for better investment then you will tell us about some government schemes. Where you will continue to make a great income even in old age by investing.
Atal Pension Yojana
Atal Pension Yojana (APY) is a government pension scheme for unorganized sector employees. In this, investors get guaranteed monthly pension ranging from Rs 1,000 to Rs 5,000 after retirement. All branches of Atal Pension Yojana India Post are present. Total banks also provide this facility. Only 18 to 40 years old people can apply.
PM Kisan Maandhan Yojana
The Modi government has also introduced the farmers’ pension scheme Kisan Maandhan Yojana. The farmers who are registered under the scheme are given a pension of at least Rs 3000 after the age of 60 years. If someone joins this scheme at the age of 18, then they have to pay 55 rupees every month. If you join this scheme at the age of 30 years, then 110 rupees and 200 rupees per month will be required to be added at the age of 40. As much as the farmers will pay in PM Kisan Mandhan, the government also deposits the same in the account of the farmer.
PM Shram Yogi Maandhan Yojana
The Modi government has launched the PM Shram Yogi Maandhan Yojana for economic security in old age for the unorganized sector. After accumulating very little money every month in this scheme, after the age of 60, the monthly pension is Rs 3000 to Rs 36,000. Under this scheme, any Indian citizen who is between 18 years to 40 years of age can join. According to the Ministry of Labor and Employment, about 45 lakh people have been added through this scheme so far.
PM Small Business Maidhan Yojana
The Modi government has started this scheme for small businessmen. Under this scheme, a monthly pension of Rs 3,000 is given after completing 60 years of age.