The Government of India adopted 'National Pension System'(NPS) with an objective to bring central and state government employees under universal security system from 1stJanuary, 2004. NPS was based on individual retirement accounts (IRAs).
Government of India in February 2019 introduced a pension scheme for un-organized workersunder named of Pradhan Mantri Shram Yogi Maandhan (PM-SYM) to ensure old age protectionforunorganized sector workers.
Government of India has introduced a voluntary and contributory pension scheme forlandholding Small & Marginal Farmers to provide them social security and a healthy and happylife after they reach their old age.
The Ministry of Labour & Employment (MoLE) has developed and launched E-Shram portal for creating a National Database of 38 crore unorganized workers (NDUW).
In an effort to make it easier for new gas connection, re-filling and delivery of household cylinders, the Government has appointed Common Service Centres (CSCs) to provide such facilities through Digital Seva Portal.
Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched from Kharif 2016 with aim to support production in agriculture by providing an affordable crop insurance product to ensure comprehensive risk cover for crops of farmers against all non-preventable natural risks from pre-sowing to post-harvest stage.
Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KSN) is an income support scheme which was launched in December 2018. Under this scheme, an income support of Rs. 6000 per year is provided to all farmer families across the country in three equal installments of Rs. 2000.
Street vendors represent a very important constituent of the urban informal economy and play a significant role in ensuring availability of the goods and services at affordable rates at the doorstep of the city dwellers.