Correct Answer : Unorganised sector
* The Pradhan Mantri Shram Yogi Maandhan Yojana (PM-SMY) is a central pension scheme launched in 2019 to benefit workers in the unorganised sector, such as street vendors, domestic workers, and agricultural labourers.
* These workers, with a monthly income of up to Rs 15,000, contribute a small premium with the government matching their contribution.
* Despite its ambitious goals, the scheme has faced challenges, including low enrollment, reduced government funding, and minimal coverage relative to the vast unorganised workforce, highlighting the need for revisions to enhance its effectiveness.
