Government of Bihar makes certain provisions for initiation of Pradhan Mantri Shram Yogi Man-Dhan Scheme

Jan 22, 2020 | by Avantis RegTech Legal Research Team

A |  A

Labour Compliance

The State Government of Bihar on January 17, 2020, makes following provisions to initiate new scheme – “Pradhan Mantri Shram Yogi Man-Dhan Scheme” for the welfare of registered construction workers and their spouse:

1. The payment of prescribed contribution amount for eligible registered construction workers (Subscribers) of 18-40 years of age will be made for maximum upto five years instantly.

2. The Pensioners of this scheme will not be entitled to benefit of “Pension Scheme” running under    the Board.

3. In case of exit of workers from this scheme due to any reason, the defined payable amount will be transferred in their Bank Accounts as per rule.

4. This scheme will be operated as per the directions of Ministry of Labour and Employment, Government of India from time to time.

This will be effective from the date of its publication in Bihar Gazette (January 20, 2020).

[Notification No. S.O. 80]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RuleZbook Mobile App.