- Prime Minister Vaya Vandana Yojana completes five years on 21st July.
- The scheme was formally launched on this day in 2017.
- The scheme is a social security scheme for senior citizens which aims at giving them an assured minimum pension on the basis of assured return on purchase price or subscription amount.
- In this scheme, the minimum investment has been made 156658 rupees for the pension of 12000 per year and 162162 rupees to get the minimum pension amount of 1000 per month.
- The scheme which was being implemented till 2020 has been extended for a further 3 years till 31st March, 2023.
Qns : When was Launched Prime Minister Vaya Vandana Yojana?
Ans : Prime Minister Vaya Vandana Yojana completes five years on 21st July 2022. The scheme was formally launched on this day in 2017.
