A voluntary and contributory pension scheme by the Ministry of Labour and Employment. This scheme is meant for old age protection and social security of Small Scale Traders and Retailers. The beneficiary would receive a minimum assured pension of ₹ 3000/- per month after attaining the age of 60 yrs.
The scheme ensures retirement security for employees covered under the EPF Act, offering monthly pensions, family pensions, and withdrawal benefits. It targets workers in organised sectors, providing financial support post-retirement, during disability, or to dependents after the member’s death.
Through the Internship Scheme, the Ministry of Labour & Employment engage eligible students as “Interns” to work for mutual benefit. The “Interns” shall have an opportunity to know about the Government functioning and Department Policy issues in the Government of India.
The scheme “Atal Beemit Vyakti Kalyan Yojana (ABVKY)” was introduced by the Employees’ State Insurance Corporation (ESIC) on a pilot basis for a period of 2 years w.e.f. 01.07.2018 for providing relief to the Insured Persons (IPs) who have become unemployed.
The Internship Scheme of Employees’ Provident Fund Organization invites applications for Internships from students for engagement as “Interns” with EPFO. The “Interns” shall have an opportunity to know about the EPFO’s functioning and Departmental Policy issues in EPFO and Government of India.
The Aam Aadmi Bima Yojana (AABY) is a social security scheme for rural landless households implemented by the Ministry of Labour & Employment, Government of India. The scheme provides insurance coverage to the head of the household or an earning member of the family in the age group of 18 to 59.
The scheme addresses eradicating bonded labour in India. It introduces varying rehabilitation assistance amounts based on beneficiary categories, such as adults, children, women, and extreme cases, with provisions for annuity schemes and Direct Benefit Transfer.
A scholarship scheme by the Directorate of Social Welfare, Ministry of Labour and Employment wherein financial assistance for education is provided to the Wards of Beedi/IOMC/LSDM Workers, varying from ₹1,000/- to ₹25,000/- per student per annum. The benefits are transferred through the DBT system.