{"id":252701,"date":"2021-08-14T10:30:07","date_gmt":"2021-08-14T05:00:07","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=252701"},"modified":"2021-08-13T18:34:33","modified_gmt":"2021-08-13T13:04:33","slug":"minimum-pension-of-inr-3000-per-month-to-be-awarded-under-national-pension-scheme-for-traders-shopkeepers-and-self-employed-person-2019","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/14\/minimum-pension-of-inr-3000-per-month-to-be-awarded-under-national-pension-scheme-for-traders-shopkeepers-and-self-employed-person-2019\/","title":{"rendered":"Minimum pension of INR 3000 per month to be awarded under National Pension Scheme for Traders, Shopkeepers and Self-Employed Person, 2019"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Labour and Employment has passed the National Pension Scheme for Traders, Shopkeepers and Self- Employed Persons, 2019 vide notification dated August 3, 2021. The Scheme aims to provide pension to the small traders, shopkeepers, and self-employed persons to safeguard their old age protection.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #800000;\">Key features of the Scheme are:<\/span><\/p>\n<ul>\n<li style=\"text-align: justify;\">The Scheme is implemented through its implementing agencies which include the Life Insurance Corporation of India and Common Service Centres \u2013 Special Purpose Vehicle.<\/li>\n<li style=\"text-align: justify;\">The Scheme provides a minimum monthly assured pension of three thousand rupees per month given to the beneficiaries after attaining the age of sixty years.<\/li>\n<li style=\"text-align: justify;\">An individual in order to avail the benefits under the Scheme shall be required to furnish proof of possession of Aadhaar or undergo Aadhaar authentication and for those who does not possess the Aadhaar number or has not yet enrolled for an Aadhaar, shall have to apply for Aadhaar enrolment provided he is entitled to obtain Aadhaar as per the provisions of section 3 of the said Act, and such individual may visit any Aadhaar enrolment center (list available at Unique Identification Authority of India website www.uidai.gov.in) for Aadhaar enrolment.<\/li>\n<li style=\"text-align: justify;\">The Ministry through its Implementing Agencies shall make all the required arrangements to ensure wide advertising through media is given to the beneficiaries to make them aware of the requirement of Aadhaar under the Scheme so that every eligible person could avail the benefits under the Scheme.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has reported this brief.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Labour and Employment has passed the National Pension Scheme for Traders, Shopkeepers and Self- Employed Persons, 2019 vide notification <\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-252701","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Minimum pension of INR 3000 per month to be awarded under National Pension Scheme for Traders, Shopkeepers and Self-Employed Person, 2019 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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Our traders continue to make a strong contribution to India\u2019s economic growth. In a decision that will benefit the trading community, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi has approved a new scheme that offers pension coverage to\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/02\/CABINET-SECRETARIAT.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":352547,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/07\/06\/regulations-to-operationalize-unified-pension-scheme\/","url_meta":{"origin":252701,"position":1},"title":"PFRDA notifies Regulations to operationalize the Unified Pension Scheme","author":"Kriti","date":"July 6, 2025","format":false,"excerpt":"The Unified Pension Scheme was introduced to strengthen retirement security for Central Government employees through transparency, flexible and tax-efficient options.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Unified Pension Scheme","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Unified-Pension-Scheme.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Unified-Pension-Scheme.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Unified-Pension-Scheme.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/07\/Unified-Pension-Scheme.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":194498,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/03\/28\/relaxation-of-norms-for-national-pension-scheme\/","url_meta":{"origin":252701,"position":2},"title":"Relaxation of Norms for National Pension Scheme","author":"Saba","date":"March 28, 2018","format":false,"excerpt":"The Government of India has recently made three changes in the National Pension Scheme (NPS) including withdrawal norms. The details are as under: Partial withdrawal during the service: The Pension Fund Regulatory and Development Authority (PFRDA), with an objective to meet the subscriber\u2019s sudden financial requirement enrolled under NPS, has\u2026","rel":"","context":"In &quot;Business News&quot;","block_context":{"text":"Business News","link":"https:\/\/www.scconline.com\/blog\/post\/category\/news\/business_news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/05\/Pension.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/05\/Pension.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/05\/Pension.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/05\/Pension.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2016\/05\/Pension.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":359268,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/06\/central-civil-services-implementation-of-unified-pension-scheme-under-national-pension-system-rules\/","url_meta":{"origin":252701,"position":3},"title":"Unified Pension Scheme allows onetime Switch Facility for reverting to the National Pension System","author":"Kriti","date":"September 6, 2025","format":false,"excerpt":"Rules to regulate the methods of implementation of Unified Pension Scheme on Central Government employees covered under National Pension System.","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Unified Pension Scheme","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Unified-Pension-Scheme.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Unified-Pension-Scheme.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Unified-Pension-Scheme.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/Unified-Pension-Scheme.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":204576,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/10\/31\/regulation-3-of-the-national-pension-scheme-benefits-and-eligibility-regulations-2000-declared-ultra-vires-the-national-pension-scheme-act-1996\/","url_meta":{"origin":252701,"position":4},"title":"Regulation 3 of the National Pension Scheme (Benefits and Eligibility) Regulations 2000 declared ultra vires the National Pension Scheme Act, 1996","author":"Bhumika Indulia","date":"October 31, 2018","format":false,"excerpt":"Supreme Court of Zambia: An appeal was filed before a 3-Judge Bench comprising of M. Malila, C. Kajimanga and J.K. Kabuka, JJS., against the order where respondent\u2019s entitlement to the pension was decided in favour of respondent. The facts of the case were that the respondent was a member of\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/11\/SC_Zambia.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/11\/SC_Zambia.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/11\/SC_Zambia.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/11\/SC_Zambia.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/11\/SC_Zambia.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":300849,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/09\/06\/person-fighting-militancy-eligible-freedom-fighter-pension-scheme-jammu-and-kashmir-ladakh-hc-legal-news\/","url_meta":{"origin":252701,"position":5},"title":"Whether a person fighting against militancy can be considered a \u2018freedom fighter\u2019 under Swantantrata Sainik Samman Yojna? J&amp;K and Ladakh HC answers","author":"Sucheta","date":"September 6, 2023","format":false,"excerpt":"The Court answering the question in negative stated that eligibility under the scheme requires for the person to have participated in the National Freedom Struggle.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"jammu and kashmir and ladakh high court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/jammu-and-kashmir-and-ladakh-high-court-1.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/jammu-and-kashmir-and-ladakh-high-court-1.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/jammu-and-kashmir-and-ladakh-high-court-1.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/05\/jammu-and-kashmir-and-ladakh-high-court-1.webp?resize=700%2C400&ssl=1 2x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=252701"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/252701\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=252701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=252701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=252701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}