national disaster relief fund ndrf will be provided the benefit of interest subvention of 2 and prompt repayment incentive of 3 for the entire period of reschedulement of their loanslabour and workers dignity34 madam speaker our government firmly believes that workmen and all the people working in government services should get benefit of the fast growing economy during the last five years india has witnessed industrial peace35 high growth and formalistation of the economy has led to the expansion of employment opportunities as shown in epfo membership which has increased by nearly 2 crore in two years reflecting formalisation of the economy and job creations36 after submission of the 7th central pay commission report the recommendations were implemented immediately the new pension scheme nps has been liberalized keeping the contribution of the employee at 10 we have increased the government contribution by 4 making it 14 maximum ceiling of the bonus given to the labourers has been increased from rs 3500 pm to rs 7000 pm and the maximum ceiling of the pay has been increased from rs 10000 pm to rs 21000 pm the ceiling of payment of gratuity has been enhanced from rs 10 lakhs to rs 20 lakhs during the last five years the minimum wages of labourers of the all categories have been increased by 42 which is the highest ever the ceiling of esis eligibility cover has been increased from rs 15000 pm to rs 21000 pm minimum pension for every labourer has been fixed at rs 1000 per month in the event of death of a labourer during service the amount to be paid by epfo has been enhanced from rs 25 lakh to rs 6 lakh under anganwadi and asha yojana honorarium has been enhanced by about 50 for all categories of workers37 half of indias gdp comes from the sweat and toil of 42 crore workers in the unorganised sector working as street vendors rickshaw pullers construction workers rag pickers agricultural workers beedi workers handloom leather and in numerous other similar occupations domestic workers are also engaged in big numbers we must provide them comprehensive social security coverage for their old age therefore in addition to the health coverage provided under ayushman bharat and life disability coverage provided under pradhan mantri jeevan jyoti bima yojana and pradhan mantri suraksha bima yojana our government proposes to launch a mega pension yojana namely pradhan mantri shramyogi maandhan for the unorganised sector workers with monthly income upto rs 15000 this pension yojana shall provide them an assured monthly pension of rs 3000 from the age of 60 years on a monthly contribution of a small affordable amount during their working age an unorganised sector worker joining pension yojana at the age of 29 years will have to contribute only rs 100 per month till the age of 60 years a worker joining the pension yojana at 18 years will have to contribute as little as rs 55 per month only the government will deposit